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Company Registration No. 11144791 (England and Wales)
Ipdes Limited Unaudited accounts for the year ended 31 March 2024
Ipdes Limited Unaudited accounts Contents
Page
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Ipdes Limited Company Information for the year ended 31 March 2024
Directors
Anwar Rahman Anwar Rahman
Company Number
11144791 (England and Wales)
Registered Office
34 Oakhill Way Manchester M8 9EZ England
Accountants
Eureka Accountants Limited 63 Lancing Road Newbury Park London IG2 7DQ
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Ipdes Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
115 
191 
Current assets
Debtors
500 
1,500 
Cash at bank and in hand
80,320 
60,830 
80,820 
62,330 
Creditors: amounts falling due within one year
(27,621)
(25,922)
Net current assets
53,199 
36,408 
Net assets
53,314 
36,599 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
53,313 
36,598 
Shareholders' funds
53,314 
36,599 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 9 October 2024 and were signed on its behalf by
Anwar Rahman Director Company Registration No. 11144791
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Ipdes Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ipdes Limited is a private company, limited by shares, registered in England and Wales, registration number 11144791. The registered office is 34 Oakhill Way, Manchester, M8 9EZ, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
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:
Computer equipment
5 years straight line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Presentation currency
The accounts are presented in £ sterling.
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Ipdes Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,279 
At 31 March 2024
1,279 
Depreciation
At 1 April 2023
1,088 
Charge for the year
76 
At 31 March 2024
1,164 
Net book value
At 31 March 2024
115 
At 31 March 2023
191 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
500 
1,500 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
12,788 
9,283 
Loans from directors
14,833 
16,639 
27,621 
25,922 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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