Period from 1 September 2023 to
Registration number:
Irregular Contracts Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
Irregular Contracts Limited
Company Information
Director |
Mrs T R Hardick |
Registered office |
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Accountants |
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Irregular Contracts Limited
Balance Sheet
31 December 2023
Note |
31 December |
31 August |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Irregular Contracts Limited
Balance Sheet
31 December 2023
For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 10757208
Irregular Contracts Limited
Notes to the Financial Statements
Period from 1 September 2023 to 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' including Section 1A and the Companies Act 2006. There are no material departures from FRS102.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Disclosure of long or short period
Going concern
The company ceased trading on 31 August 2019. As a consequence of this decision, an alternative basis to the going concern assertion has been applied in the preparation of these financial statements. The consequence of adopting an alternative basis to the going concern assertion has had no impact on the reported results for the year.
Irregular Contracts Limited
Notes to the Financial Statements
Period from 1 September 2023 to 31 December 2023
Tax
Tax is recognised in the profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Debtors |
31 December |
31 August |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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3,879 |
Other debtors |
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9,184 |
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13,063 |
Irregular Contracts Limited
Notes to the Financial Statements
Period from 1 September 2023 to 31 December 2023
Creditors |
Creditors: amounts falling due within one year
31 December |
31 August |
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Due within one year |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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16,953 |
Accruals and deferred income |
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500 |
17,453 |
17,453 |
Share capital |
Allotted, called up and fully paid shares
31 December |
31 August |
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No. |
£ |
No. |
£ |
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100 |
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100 |