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REGISTERED NUMBER: 06868536 (England and Wales)















IF ASSOCIATES (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






IF ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 06868536)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Statement of Financial Position 1 to 2


IF ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 06868536)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
£    £   
CURRENT ASSETS 104,672 92,403

CREDITORS
Amounts falling due within one year (26,812 ) (3,947 )
NET CURRENT ASSETS 77,860 88,456
TOTAL ASSETS LESS CURRENT LIABILITIES 77,860 88,456

CAPITAL AND RESERVES 77,860 88,456

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

IF Associates (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06868536

Registered office: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was Nil (2022 - Nil).

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
I S Farmer
Balance outstanding at start of year 34,118 (4,038 )
Amounts advanced - 55,000
Amounts repaid (60,000 ) (16,844 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (25,882 ) 34,118

The loans made to the director were unsecured, interest free and repayable on demand.

4. GOING CONCERN

The company ceased to trade from 1 January 2024 and the director has confirmed his intention to wind it up. The financial statements have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value.



IF ASSOCIATES (UK) LIMITED (REGISTERED NUMBER: 06868536)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 23 April 2024 and were signed by:





I S Farmer - Director