IRIS Accounts Production v24.2.0.383 03320680 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033206802022-12-31033206802023-12-31033206802023-01-012023-12-31033206802021-12-31033206802022-01-012022-12-31033206802022-12-3103320680ns15:EnglandWales2023-01-012023-12-3103320680ns14:PoundSterling2023-01-012023-12-3103320680ns10:Director12023-01-012023-12-3103320680ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103320680ns10:SmallEntities2023-01-012023-12-3103320680ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103320680ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103320680ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103320680ns10:FullAccounts2023-01-012023-12-3103320680ns10:OrdinaryShareClass12023-01-012023-12-3103320680ns10:Director22023-01-012023-12-3103320680ns10:CompanySecretary12023-01-012023-12-3103320680ns10:RegisteredOffice2023-01-012023-12-3103320680ns5:CurrentFinancialInstruments2023-12-3103320680ns5:CurrentFinancialInstruments2022-12-3103320680ns5:ShareCapital2023-12-3103320680ns5:ShareCapital2022-12-3103320680ns5:RetainedEarningsAccumulatedLosses2023-12-3103320680ns5:RetainedEarningsAccumulatedLosses2022-12-3103320680ns5:LongLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3103320680ns5:FurnitureFittings2023-01-012023-12-3103320680ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3103320680ns5:FurnitureFittings2022-12-3103320680ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-3103320680ns5:FurnitureFittings2023-12-3103320680ns5:LongLeaseholdAssetsns5:LandBuildings2022-12-3103320680ns5:FurnitureFittings2022-12-3103320680ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3103320680ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3103320680ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 03320680 (England and Wales)















IPOS Trade & Consulting Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






IPOS Trade & Consulting Limited (Registered number: 03320680)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IPOS Trade & Consulting Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr S Nygren
Mrs I M Nygren





SECRETARY: Mrs I M Nygren





REGISTERED OFFICE: Atlantic House
8 Bell Lane
Uckfield
East Sussex
TN22 1QL





REGISTERED NUMBER: 03320680 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

IPOS Trade & Consulting Limited (Registered number: 03320680)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 698 959

CURRENT ASSETS
Stocks 448 448
Debtors 5 30,213 10,631
Cash at bank 1,463 4,129
32,124 15,208
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

50,679

22,225
NET CURRENT LIABILITIES (18,555 ) (7,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,857

)

(6,058

)

PROVISIONS FOR LIABILITIES - 182
NET LIABILITIES (17,857 ) (6,240 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (17,957 ) (6,340 )
SHAREHOLDERS' FUNDS (17,857 ) (6,240 )

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 directors acknowledge their 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.

IPOS Trade & Consulting Limited (Registered number: 03320680)

Balance Sheet - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Profit & loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





Mr S Nygren - Director


IPOS Trade & Consulting Limited (Registered number: 03320680)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

IPOS Trade & Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents revenue, net of VAT, from commercial transactions under which the company supplies customers the goods and services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 20% on cost
Fixtures and fittings - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


IPOS Trade & Consulting Limited (Registered number: 03320680)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
These financial statements have been prepared on a going concern basis notwithstanding the deficiency of net assets shown on the Balance Sheet. The company is reliant upon it's directors for financial support and they have indicated that they will continue to do so for at least twelve months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 21,738 24,698 46,436
DEPRECIATION
At 1 January 2023 21,738 23,739 45,477
Charge for year - 261 261
At 31 December 2023 21,738 24,000 45,738
NET BOOK VALUE
At 31 December 2023 - 698 698
At 31 December 2022 - 959 959

IPOS Trade & Consulting Limited (Registered number: 03320680)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,896 2,805
Other debtors 317 7,826
30,213 10,631

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15,196 123
Other creditors 35,483 22,102
50,679 22,225

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the directors £31,981 (2022: £19,032). This loan is interest free, unsecured and repayable on demand.