IRIS Accounts Production v24.2.0.383 03729587 director 1.4.23 31.3.24 31.3.24 false true false false true false Preference Shares 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037295872023-03-31037295872024-03-31037295872023-04-012024-03-31037295872022-03-31037295872022-04-012023-03-31037295872023-03-3103729587ns15:EnglandWales2023-04-012024-03-3103729587ns14:PoundSterling2023-04-012024-03-3103729587ns10:Director12023-04-012024-03-3103729587ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103729587ns10:SmallEntities2023-04-012024-03-3103729587ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103729587ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103729587ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103729587ns10:FullAccounts2023-04-012024-03-3103729587ns10:OrdinaryShareClass12023-04-012024-03-3103729587ns10:OrdinaryShareClass22023-04-012024-03-3103729587ns10:RegisteredOffice2023-04-012024-03-3103729587ns5:CurrentFinancialInstruments2024-03-3103729587ns5:CurrentFinancialInstruments2023-03-3103729587ns5:ShareCapital2024-03-3103729587ns5:ShareCapital2023-03-3103729587ns5:RetainedEarningsAccumulatedLosses2024-03-3103729587ns5:RetainedEarningsAccumulatedLosses2023-03-3103729587ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-012024-03-3103729587ns5:LeaseholdImprovements2023-04-012024-03-3103729587ns5:ComputerEquipment2023-04-012024-03-3103729587ns5:LandBuildings2023-03-3103729587ns5:LeaseholdImprovements2023-03-3103729587ns5:ComputerEquipment2023-03-3103729587ns5:LandBuildings2023-04-012024-03-3103729587ns5:LandBuildings2024-03-3103729587ns5:LeaseholdImprovements2024-03-3103729587ns5:ComputerEquipment2024-03-3103729587ns5:LandBuildings2023-03-3103729587ns5:LeaseholdImprovements2023-03-3103729587ns5:ComputerEquipment2023-03-3103729587ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3103729587ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103729587ns10:OrdinaryShareClass12024-03-3103729587ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 03729587 (England and Wales)














IPDI LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






IPDI LIMITED (REGISTERED NUMBER: 03729587)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


IPDI LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr R B Baker





REGISTERED OFFICE: Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ





REGISTERED NUMBER: 03729587 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ

IPDI LIMITED (REGISTERED NUMBER: 03729587)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 325,171 332,159

CURRENT ASSETS
Debtors 5 920 28,751
Cash at bank 40,026 14,849
40,946 43,600
CREDITORS
Amounts falling due within one year 6 262,698 282,117
NET CURRENT LIABILITIES (221,752 ) (238,517 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,419

93,642

PROVISIONS FOR LIABILITIES 10 13
NET ASSETS 103,409 93,629

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 102,409 92,629
SHAREHOLDERS' FUNDS 103,409 93,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2024 and were signed by:





Mr R B Baker - Director


IPDI LIMITED (REGISTERED NUMBER: 03729587)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Ipdi 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

IPDI LIMITED (REGISTERED NUMBER: 03729587)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Computer
property property equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 379,835 6,279 839 386,953
DEPRECIATION
At 1 April 2023 53,332 692 770 54,794
Charge for year 6,845 126 17 6,988
At 31 March 2024 60,177 818 787 61,782
NET BOOK VALUE
At 31 March 2024 319,658 5,461 52 325,171
At 31 March 2023 326,503 5,587 69 332,159

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 920 28,751

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,403 666
Other creditors 258,295 281,451
262,698 282,117

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
500 Preference Shares 1 500 500
500 Ordinary 1 500 500
1,000 1,000