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Company Registration No. 11684351 (England and Wales)
IPS ESTATES LTD Unaudited accounts for the year ended 30 November 2023
IPS ESTATES LTD Unaudited accounts Contents
Page
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IPS ESTATES LTD Company Information for the year ended 30 November 2023
Director
Mr. Pavneet Singh Dhillon
Company Number
11684351 (England and Wales)
Registered Office
72 Stoke Road Slough SL2 5AP United Kingdom
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
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IPS ESTATES LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
97,413 
64,888 
Cash at bank and in hand
5,206 
6,275 
102,619 
71,163 
Creditors: amounts falling due within one year
(16,732)
(3,158)
Net current assets
85,887 
68,005 
Total assets less current liabilities
85,887 
68,005 
Creditors: amounts falling due after more than one year
(25,155)
(35,803)
Net assets
60,732 
32,202 
Capital and reserves
Share premium
3 
3 
Profit and loss account
60,729 
32,199 
Shareholders' funds
60,732 
32,202 
For the year ending 30 November 2023 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 7 November 2024 and were signed on its behalf by
Mr. Pavneet Singh Dhillon Director Company Registration No. 11684351
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IPS ESTATES LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
IPS ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 11684351. The registered office is 72 Stoke Road, Slough, SL2 5AP, United Kingdom.
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.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
97,413 
64,888 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,406 
- 
Taxes and social security
6,692 
3,158 
Other creditors
6,634 
- 
16,732 
3,158 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
25,155 
35,803 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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