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Company Registration No. 14053238 (England and Wales)
No Idea Limited Unaudited accounts for the year ended 30 April 2024
No Idea Limited Unaudited accounts Contents
Page
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No Idea Limited Company Information for the year ended 30 April 2024
Director
Jerome Kieron Best-Peart
Company Number
14053238 (England and Wales)
Registered Office
Flat 43 William Dunbar House Albert Road London NW6 5DE England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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No Idea Limited Accountants' report
Accountants' report to the director of No Idea Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of No Idea Limited for the year ended 30 April 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of No Idea Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of No Idea Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than No Idea Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that No Idea Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of No Idea Limited. You consider that No Idea Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of No Idea Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 29 October 2024
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No Idea Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,420 
900 
Current assets
Cash at bank and in hand
841 
9,214 
Creditors: amounts falling due within one year
- 
(2,616)
Net current assets
841 
6,598 
Net assets
2,261 
7,498 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,161 
7,398 
Shareholders' funds
2,261 
7,498 
For the year ending 30 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 director acknowledges his 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 and authorised for issue on 29 October 2024 and were signed on its behalf by
Jerome Kieron Best-Peart Director Company Registration No. 14053238
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No Idea Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
No Idea Limited is a private company, limited by shares, registered in England and Wales, registration number 14053238. The registered office is Flat 43 William Dunbar House, Albert Road, London, NW6 5DE, 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.
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
25% reducing balance
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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,098 
Additions
988 
At 30 April 2024
2,086 
Depreciation
At 1 May 2023
198 
Charge for the year
468 
At 30 April 2024
666 
Net book value
At 30 April 2024
1,420 
At 30 April 2023
900 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
2,345 
Accruals
- 
271 
- 
2,616 
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No Idea Limited Notes to the Accounts for the year ended 30 April 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jerome Kieron Best-Peart
Director Loan Account
- 
(20,227)
(20,227)
- 
- 
(20,227)
(20,227)
- 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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