Registered number
14608342
I HOLD LTD
Filleted Accounts
31 January 2025
I HOLD LTD
Registered number: 14608342
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Investments 3 74,000 -
Current assets
Debtors 4 93,655 42,474
Cash at bank and in hand 1,754 5,005
95,409 47,479
Creditors: amounts falling due within one year 5 (133,451) (30,620)
Net current (liabilities)/assets (38,042) 16,859
Net assets 35,958 16,859
Capital and reserves
Called up share capital 100 100
Profit and loss account 35,858 16,759
Shareholder's funds 35,958 16,859
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Haroon Rashid
Director
Approved by the board on 6 March 2025
I HOLD LTD
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
Additions 74,000
At 31 January 2025 74,000
4 Debtors 2025 2024
£ £
Other debtors 93,655 42,474
I Hold Ltd bought 1 share with a nominal value of £0.01 of B5 Ordinary Share from The Nascot Consortium Ltd on 31st of the August 2023.
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 50 -
Other creditors 133,401 30,620
133,451 30,620
6 Related party transactions
I Hold Ltd is the parent company of I Advise Ltd.
7 Controlling party
The ultimate controlling interest is held by the directors of the company.
8 Other information
I HOLD LTD is a private company limited by shares and incorporated in England. Its registered office is:
209A STREETLY ROAD
BIRMINGHAM
B23 7AH
I HOLD LTD 14608342 false 2024-02-01 2025-01-31 2025-01-31 VT Final Accounts July 2024 Haroon Rashid No description of principal activity 14608342 2023-01-21 2024-01-31 14608342 core:WithinOneYear 2024-01-31 14608342 core:ShareCapital 2024-01-31 14608342 core:RetainedEarningsAccumulatedLosses 2024-01-31 14608342 2024-02-01 2025-01-31 14608342 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14608342 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 14608342 bus:Director40 2024-02-01 2025-01-31 14608342 1 2024-02-01 2025-01-31 14608342 2 2024-02-01 2025-01-31 14608342 countries:England 2024-02-01 2025-01-31 14608342 bus:FRS102 2024-02-01 2025-01-31 14608342 bus:FilletedAccounts 2024-02-01 2025-01-31 14608342 2025-01-31 14608342 core:WithinOneYear 2025-01-31 14608342 core:ShareCapital 2025-01-31 14608342 core:RetainedEarningsAccumulatedLosses 2025-01-31 14608342 core:AdditionsToInvestments 2025-01-31 14608342 2024-01-31 iso4217:GBP xbrli:pure