IDS OPERATIONS LTD

Company Registration Number:
05820167 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

IDS OPERATIONS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

IDS OPERATIONS LTD

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

The company's principal activity during the year continued to be the provision of facilities management



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Calin Huma
Dragos Moisescu


Secretary Paul Clewlow

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 August 2024

And signed on behalf of the board by:
Name: Calin Huma
Status: Director

IDS OPERATIONS LTD

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,019,777 0
Total fixed assets: 1,019,777 0
Current assets
Debtors: 4 1,661,338 2,141,104
Cash at bank and in hand: 2,445,326 2,997,816
Total current assets: 4,106,664 5,138,920
Creditors: amounts falling due within one year: 5 ( 3,306,923 ) ( 3,149,869 )
Net current assets (liabilities): 799,741 1,989,051
Total assets less current liabilities: 1,819,518 1,989,051
Creditors: amounts falling due after more than one year: 6 ( 14,152 )
Total net assets (liabilities): 1,805,366 1,989,051
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,804,366 1,988,051
Total Shareholders' funds: 1,805,366 1,989,051

The notes form part of these financial statements

IDS OPERATIONS LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 17 August 2024
and signed on behalf of the board by:

Name: Calin Huma
Status: Director

The notes form part of these financial statements

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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.

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 10

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 0 0 0
Additions 918,250 25,733 75,794 1,019,777
Disposals
Revaluations
Transfers
At 31 May 2024 918,250 25,733 75,794 1,019,777
Depreciation
At 1 June 2023
Charge for year
On disposals
Other adjustments
At 31 May 2024
Net book value
At 31 May 2024 918,250 25,733 75,794 1,019,777
At 31 May 2023 0 0 0 0

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,550,182 1,988,018
Other debtors 111,156 153,086
Total 1,661,338 2,141,104

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,314,839 2,844,915
Taxation and social security 924,734 252,684
Other creditors 67,350 52,270
Total 3,306,923 3,149,869

IDS OPERATIONS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 14,152
Total 14,152