IDEAL TEXTILE (MCR) LTD

Company Registration Number:
15231307 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 24 October 2023

End date: 31 October 2024

IDEAL TEXTILE (MCR) LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

IDEAL TEXTILE (MCR) LTD

Company Information

for the Period Ended 31 October 2024




Director: Iftikhar HAIDER
Registered office: 1019
Stockport Road
Manchester
Lancashire
England
M19 2TB
Company Registration Number: 15231307 (England and Wales)

IDEAL TEXTILE (MCR) LTD

Balance sheet

As at 31 October 2024


Notes

2024
£
Fixed assets
Tangible assets: 4 5,804
Total fixed assets: 5,804
Current assets
Stocks: 48,522
Debtors: 5 89,556
Cash at bank and in hand: 2,576
Total current assets: 140,654
Creditors: amounts falling due within one year: 6 ( 140,040 )
Net current assets (liabilities): 614
Total assets less current liabilities: 6,418
Total net assets (liabilities): 6,418

The notes form part of these financial statements

IDEAL TEXTILE (MCR) LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 6,417
Shareholders funds: 6,418

For the year ending 31 October 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.

This report was approved by the board of directors on 28 January 2025
And Signed On Behalf Of The Board By:

Name: Iftikhar HAIDER
Status: Director

The notes form part of these financial statements

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Fixtures & fittings Total
Cost £ £
Additions 7,255 7,255
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 7,255 7,255
Depreciation
Charge for year 1,451 1,451
On disposals - -
Other adjustments - -
At 31 October 2024 1,451 1,451
Net book value
At 31 October 2024 5,804 5,804

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors


2024
£
Trade debtors 89,556
Total 89,556

IDEAL TEXTILE (MCR) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due within one year note


2024
£
Trade creditors 110,558
Taxation and social security 865
Other creditors 28,617
Total 140,040

Other creditors include loan from director ,Iftikhar HAIDER amounting to £28,617.