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Company Registration No. 08838088 (England and Wales)
IG PROFESSIONAL SERVICES LIMITED Unaudited accounts for the year ended 31 January 2024
IG PROFESSIONAL SERVICES LIMITED Unaudited accounts Contents
Page
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IG PROFESSIONAL SERVICES LIMITED Company Information for the year ended 31 January 2024
Director
Jonathan Alexander Nikolaus Markt
Company Number
08838088 (England and Wales)
Registered Office
SUITE B BRIGHTWELL COURT BARRACK SQUARE MARTLESHAM HEATH IPSWICH SUFFOLK IP5 3RF ENGLAND
Accountants
ST Accountancy Services Ltd 6 The Square Martlesham Heath Suffolk IP5 3SL
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IG PROFESSIONAL SERVICES LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,628 
12,056 
Current assets
Debtors
151,282 
397,589 
Cash at bank and in hand
114,615 
301,193 
265,897 
698,782 
Creditors: amounts falling due within one year
(82,173)
(367,076)
Net current assets
183,724 
331,706 
Total assets less current liabilities
192,352 
343,762 
Creditors: amounts falling due after more than one year
(72,375)
- 
Net assets
119,977 
343,762 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
119,878 
343,663 
Shareholders' funds
119,977 
343,762 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 July 2024 and were signed on its behalf by
Jonathan Alexander Nikolaus Markt Director Company Registration No. 08838088
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IG PROFESSIONAL SERVICES LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
IG PROFESSIONAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08838088. The registered office is SUITE B BRIGHTWELL COURT BARRACK SQUARE, MARTLESHAM HEATH, IPSWICH, SUFFOLK, IP5 3RF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight line
Computer equipment
25% Straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
2,556 
13,519 
16,075 
Additions
- 
787 
787 
At 31 January 2024
2,556 
14,306 
16,862 
Depreciation
At 1 February 2023
639 
3,380 
4,019 
Charge for the year
639 
3,576 
4,215 
At 31 January 2024
1,278 
6,956 
8,234 
Net book value
At 31 January 2024
1,278 
7,350 
8,628 
At 31 January 2023
1,917 
10,139 
12,056 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
151,282 
397,589 
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IG PROFESSIONAL SERVICES LIMITED Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,800 
25,000 
VAT
18,225 
58,693 
Trade creditors
26,748 
13,531 
Taxes and social security
28,400 
56,445 
Other creditors
- 
206,498 
Loans from directors
- 
6,909 
82,173 
367,076 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
72,375 
- 
8
Average number of employees
During the year the average number of employees was 20 (2023: 23).
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