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Company Registration No. 11354465 (England and Wales)
IDO Group Limited Unaudited accounts for the year ended 31 March 2024
IDO Group Limited Unaudited accounts Contents
Page
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IDO Group Limited Company Information for the year ended 31 March 2024
Director
Paul Smith
Secretary
Paul Smith
Company Number
11354465 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
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IDO Group Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,340 
36,387 
Current assets
Cash at bank and in hand
5,003 
6,009 
Creditors: amounts falling due within one year
(17,709)
(7,623)
Net current liabilities
(12,706)
(1,614)
Total assets less current liabilities
39,634 
34,773 
Creditors: amounts falling due after more than one year
(74,596)
(61,179)
Net liabilities
(34,962)
(26,406)
Capital and reserves
Called up share capital
111 
111 
Profit and loss account
(35,073)
(26,517)
Shareholders' funds
(34,962)
(26,406)
For the year ending 31 March 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 11 September 2024 and were signed on its behalf by
Paul Smith Director Company Registration No. 11354465
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IDO Group Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IDO Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11354465. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, 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.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
59,298 
26,102 
10,064 
95,464 
Additions
58,417 
- 
- 
58,417 
Disposals
(59,298)
- 
- 
(59,298)
At 31 March 2024
58,417 
26,102 
10,064 
94,583 
Depreciation
At 1 April 2023
34,281 
14,732 
10,064 
59,077 
Charge for the year
14,604 
2,843 
- 
17,447 
On disposals
(34,281)
- 
- 
(34,281)
At 31 March 2024
14,604 
17,575 
10,064 
42,243 
Net book value
At 31 March 2024
43,813 
8,527 
- 
52,340 
At 31 March 2023
25,017 
11,370 
- 
36,387 
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IDO Group Limited Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
789 
2,653 
Trade creditors
676 
- 
Taxes and social security
- 
620 
Loans from directors
15,644 
3,450 
Accruals
600 
900 
17,709 
7,623 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,550 
14,889 
Obligations under finance leases and hire purchase contracts
65,046 
46,290 
74,596 
61,179 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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