Registered number
12417704
IYL HOUSING
Unaudited Filleted Accounts
31 March 2024
IYL HOUSING
Registered number: 12417704
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 3,148 13,709
Creditors: amounts falling due within one year 3 (3,179) (7,808)
Net current (liabilities)/assets (31) 5,901
Net (liabilities)/assets (31) 5,901
Capital and reserves
Profit and loss account (31) 5,901
Shareholders' funds (31) 5,901
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Shandakumar Arjuna
Director
Approved by the board on 9 October 2024
IYL HOUSING
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 1,384
Other creditors 3,179 6,424
3,179 7,808
4 Other information
IYL HOUSING is a private company limited by guarantee without share capital use of 'Limited' exemption and incorporated in England. Its registered office is:
860-862 Garratt Lane
London
SW17 0NB
IYL HOUSING 12417704 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 Shandakumar Arjuna No description of principal activity 12417704 2022-04-01 2023-03-31 12417704 core:WithinOneYear 2023-03-31 12417704 core:RetainedEarningsAccumulatedLosses 2023-03-31 12417704 2023-04-01 2024-03-31 12417704 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 12417704 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12417704 bus:Director40 2023-04-01 2024-03-31 12417704 1 2023-04-01 2024-03-31 12417704 2 2023-04-01 2024-03-31 12417704 countries:England 2023-04-01 2024-03-31 12417704 bus:FRS102 2023-04-01 2024-03-31 12417704 bus:FilletedAccounts 2023-04-01 2024-03-31 12417704 2024-03-31 12417704 core:WithinOneYear 2024-03-31 12417704 core:RetainedEarningsAccumulatedLosses 2024-03-31 12417704 2023-03-31 iso4217:GBP xbrli:pure