IDA Holdings Limited |
Notes to the Accounts |
for the year ended 31 March 2024 |
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1 |
Accounting policies |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
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Group accounts |
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The financial statements relate only to the parent undertaking. Group accounts have not been prepared in accordance with the exemption under section 399(1) of the Companies Act 2006 for small groups. |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
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Cost |
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At 1 April 2023 |
100 |
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At 31 March 2024 |
100 |
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The company owns 100% of the share capital of IDA Concepts Limited. |
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4 |
Share capital |
2024 |
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2023 |
£ |
£ |
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Allotted, called up and fully paid: |
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A Ordinary shares |
20 |
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20 |
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B Ordinary shares |
50 |
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50 |
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C Ordinary shares |
30 |
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30 |
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100 |
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100 |
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5 |
Company information |
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IDA Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
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Ground Floor, Advance House |
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9 Waterfall Lane Trading Estate |
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Cradley Heath |
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West Midlands |
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B64 6PU |
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Its registered number is: |
04394921 |