6 April 2023 false No description of principal activity Taxfiler 2024.5 09403319business:PrivateLimitedCompanyLtd2023-04-062024-04-05 094033192023-04-05 094033192023-04-062024-04-05 09403319business:AuditExemptWithAccountantsReport2023-04-062024-04-05 09403319business:FilletedAccounts2023-04-062024-04-05 094033192024-04-05 09403319business:Director12023-04-062024-04-05 09403319business:Director22023-04-062024-04-05 09403319business:RegisteredOffice2023-04-062024-04-05 094033192023-04-05 09403319core:WithinOneYear2024-04-05 09403319core:WithinOneYear2023-04-05 09403319core:ShareCapitalcore:PreviouslyStatedAmount2024-04-05 09403319core:ShareCapitalcore:PreviouslyStatedAmount2023-04-05 09403319core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-05 09403319core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-05 09403319core:PreviouslyStatedAmount2024-04-05 09403319core:PreviouslyStatedAmount2023-04-05 09403319business:SmallEntities2023-04-062024-04-05 09403319countries:EnglandWales2023-04-062024-04-05 09403319core:PlantMachinery2023-04-062024-04-05 09403319core:PlantMachinery2023-04-05 09403319core:PlantMachinery2024-04-05 09403319business:OrdinaryShareClass12023-04-062024-04-05 09403319business:OrdinaryShareClass12022-04-062023-04-05 094033192022-04-062023-04-05 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09403319 (England and Wales)
IRELAND ASSOCIATES LIMITED Unaudited accounts for the year ended 5 April 2024
IRELAND ASSOCIATES LIMITED Unaudited accounts Contents
Page
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IRELAND ASSOCIATES LIMITED Company Information for the year ended 5 April 2024
Directors
Nicholas Ireland Victoria Ireland
Company Number
09403319 (England and Wales)
Registered Office
HOLLY COTTAGE HOLLY STREET LEAMINGTON SPA WARWICKSHIRE CV32 4TN UNITED KINGDOM
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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IRELAND ASSOCIATES LIMITED Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38 
50 
Current assets
Debtors
- 
4,575 
Cash at bank and in hand
14,727 
18,021 
14,727 
22,596 
Creditors: amounts falling due within one year
(5,008)
(21,996)
Net current assets
9,719 
600 
Net assets
9,757 
650 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,657 
550 
Shareholders' funds
9,757 
650 
For the year ending 5 April 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 22 August 2024 and were signed on its behalf by
Nicholas Ireland Director Company Registration No. 09403319
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IRELAND ASSOCIATES LIMITED Notes to the Accounts for the year ended 5 April 2024
1
Statutory information
IRELAND ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09403319. The registered office is HOLLY COTTAGE, HOLLY STREET, LEAMINGTON SPA, WARWICKSHIRE, CV32 4TN, UNITED KINGDOM.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 6 April 2023
500 
At 5 April 2024
500 
Depreciation
At 6 April 2023
450 
Charge for the year
12 
At 5 April 2024
462 
Net book value
At 5 April 2024
38 
At 5 April 2023
50 
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IRELAND ASSOCIATES LIMITED Notes to the Accounts for the year ended 5 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
4,575 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
840 
756 
Taxes and social security
2,609 
179 
Loans from directors
1,559 
21,061 
5,008 
21,996 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
During the year, the company repaid £19,502 of a loan from a member of key management personnel. At the balance sheet date, the outstanding balance of the loan was £1,559 and is presented within creditors: amounts falling due within one year. The loan is to be repaid on demand and interest-free.
9
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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