Company Registration No. 11845555 (England and Wales)
Ikigai Invest Ltd
Unaudited accounts
for the year ended 31 May 2024
Ikigai Invest Ltd
Unaudited accounts
Contents
Ikigai Invest Ltd
Company Information
for the year ended 31 May 2024
Director
Edgar Carl De Picciotto
Company Number
11845555 (England and Wales)
Registered Office
Apartment 501c
149 Queensway
London
London
W2 4BJ
England
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Ikigai Invest Ltd
Statement of financial position
as at 31 May 2024
Called up share capital not paid
20
20
Cash at bank and in hand
928,742
817,258
Creditors: amounts falling due within one year
(3)
(3)
Net current assets
932,720
4,924,557
Net assets
932,743
4,924,580
Called up share capital
12,364
12,364
Share premium
5,048,595
5,048,595
Profit and loss account
(4,128,216)
(136,379)
Shareholders' funds
932,743
4,924,580
For the year ending 31 May 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 25 October 2024 and were signed on its behalf by
Edgar Carl De Picciotto
Director
Company Registration No. 11845555
Ikigai Invest Ltd
Notes to the Accounts
for the year ended 31 May 2024
Ikigai Invest Ltd is a private company, limited by shares, registered in England and Wales, registration number 11845555. The registered office is Apartment 501c, 149 Queensway, London, London, W2 4BJ, England. 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The accounts have been prepared on the assumption that the company has ceased trading as of the 31st May 2024.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Investments
Subsidiary undertakings
Valuation at 1 June 2023
3
Valuation at 31 May 2024
3
Amounts falling due within one year
Amounts due from group undertakings etc.
-
4,103,971
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
3
3
Ikigai Invest Ltd
Notes to the Accounts
for the year ended 31 May 2024
Allotted, called up and fully paid:
7,650,000 Ordinary shares of £0.001 each
7,650.00
7,650.00
680,440 Ordinary B shares of £0.001 each
680.44
680.44
4,033,940 Preference Shares of £0.001 each
4,033.94
4,033.94
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).