Iaia Holding Limited 11169260 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true false true 11169260 2023-02-01 2024-01-31 11169260 2024-01-31 11169260 core:RetainedEarningsAccumulatedLosses 2024-01-31 11169260 core:ShareCapital 2024-01-31 11169260 core:SharePremium 2024-01-31 11169260 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11169260 core:Non-currentFinancialInstruments 2024-01-31 11169260 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 11169260 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 11169260 bus:SmallEntities 2023-02-01 2024-01-31 11169260 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11169260 bus:AbridgedAccounts 2023-02-01 2024-01-31 11169260 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11169260 bus:RegisteredOffice 2023-02-01 2024-01-31 11169260 bus:CompanySecretary1 2023-02-01 2024-01-31 11169260 bus:Director1 2023-02-01 2024-01-31 11169260 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11169260 core:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 11169260 core:ShareCapital 2023-02-01 2024-01-31 11169260 core:SharePremium 2023-02-01 2024-01-31 11169260 countries:AllCountries 2023-02-01 2024-01-31 11169260 2023-01-31 11169260 core:RetainedEarningsAccumulatedLosses 2023-01-31 11169260 core:ShareCapital 2023-01-31 11169260 core:SharePremium 2023-01-31 11169260 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 11169260 2022-02-01 2023-01-31 11169260 2023-01-31 11169260 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11169260 core:Non-currentFinancialInstruments 2023-01-31 11169260 core:RetainedEarningsAccumulatedLosses 2022-02-01 2023-01-31 11169260 core:ShareCapital 2022-02-01 2023-01-31 11169260 core:SharePremium 2022-02-01 2023-01-31 11169260 2022-01-31 11169260 core:RetainedEarningsAccumulatedLosses 2022-01-31 11169260 core:ShareCapital 2022-01-31 11169260 core:SharePremium 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 11169260

Iaia Holding Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 January 2024

 

Iaia Holding Limited

Contents

Company Information

1

Director's Report

2

Abridged Statement of Financial Position

3

Statement of Changes in Equity

4

Notes to the Unaudited Abridged Financial Statements

5 to 7

 

Iaia Holding Limited

Company Information

Director

Maria Angela Boni

Company secretary

Thornton Secretarial Services Ltd

Registered office

12 Bridewell Place
Third Floor East
London
EC4V 6AP

 

Iaia Holding Limited

Director's Report for the Year Ended 31 January 2024

The director presents his report and the abridged financial statements for the year ended 31 January 2024.

Director of the company

The director who held office during the year was as follows:

Maria Angela Boni

Principal activity

The principal activity of the company is that of development of building projects.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 November 2024
 

.........................................
Thornton Secretarial Services Ltd
Company secretary

 

Iaia Holding Limited

(Registration number: 11169260)
Abridged Statement of Financial Position as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

3,362,691

3,352,752

Prepayments and accrued income

 

321

-

Creditors: Amounts falling due within one year

(16,868)

(1,953)

Net current liabilities

 

(16,547)

(1,953)

Net assets

 

3,346,144

3,350,799

Capital and reserves

 

Called up share capital

1,000

1,000

Share premium reserve

3,351,852

3,351,852

Retained earnings

(6,708)

(2,053)

Shareholders' funds

 

3,346,144

3,350,799

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 18 November 2024
 

.........................................
Maria Angela Boni
Director

 

Iaia Holding Limited

Statement of Changes in Equity for the Year Ended 31 January 2024

Share capital
£

Share premium
£

Retained earnings
£

Total
£

At 1 February 2023

1,000

3,351,852

(2,053)

3,350,799

Loss for the year

-

-

(4,655)

(4,655)

At 31 January 2024

1,000

3,351,852

(6,708)

3,346,144

Share capital
£

Share premium
£

Retained earnings
£

Total
£

At 1 February 2022

1,000

3,351,852

(253)

3,352,599

Loss for the year

-

-

(1,800)

(1,800)

At 31 January 2023

1,000

3,351,852

(2,053)

3,350,799

 

Iaia Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
12 Bridewell Place
Third Floor East
London
EC4V 6AP

These financial statements were authorised for issue by the director on 18 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis,Subject to the continuing support of the
shareholder.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Iaia Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

4

Investments

Total
£

Cost or valuation

At 1 February 2023

3,352,752

Additions

9,939

At 31 January 2024

3,362,691

Provision

Carrying amount

At 31 January 2024

3,362,691

At 31 January 2023

3,352,752

 

Iaia Holding Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

2024
£

2023
£