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Company Registration No. 04236506 (England and Wales)
Ideal Digits Limited Unaudited accounts for the year ended 30 June 2024
Ideal Digits Limited Unaudited accounts Contents
Page
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Ideal Digits Limited Company Information for the year ended 30 June 2024
Directors
Ian Roy Pickup Lindie Janette Pickup
Company Number
04236506 (England and Wales)
Registered Office
Ipers Bridge Farm Ipers Bridge Holbury Hampshire SO45 2HD
Accountants
Copsehill Services Ltd Oaktree House Wheelers Lane BROCKHAM Surrey RH3 7LA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Ideal Digits Limited for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ideal Digits Limited for the year ended 30 June 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Copsehill Services Ltd Chartered Accountants Oaktree House Wheelers Lane BROCKHAM Surrey RH3 7LA 29 October 2024
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Ideal Digits Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
836 
1,395 
Creditors: amounts falling due within one year
(33,533)
(34,092)
Net current liabilities
(32,697)
(32,697)
Net liabilities
(32,697)
(32,697)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(32,699)
(32,699)
Shareholders' funds
(32,697)
(32,697)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 28 October 2024 and were signed on its behalf by
Ian Roy Pickup Director Company Registration No. 04236506
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Ideal Digits Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Ideal Digits Limited is a private company, limited by shares, registered in England and Wales, registration number 04236506. The registered office is Ipers Bridge Farm, Ipers Bridge, Holbury, Hampshire, SO45 2HD. The company is in the process of being wound up.
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 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.
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:
Land & buildings
2% Straight line
Plant & machinery
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
39 
Loans from directors
33,533 
32,004 
Accruals
- 
2,049 
33,533 
34,092 
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Ideal Digits Limited Notes to the Accounts for the year ended 30 June 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2 
2 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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