Ideal Services Hull Limited Accounts






Ideal Services Hull Limited

	Company No. 15130397
		Information for Filing with The Registrar
		30 September 2024

The Director presents his report and the accounts for the period ended 30 September 2024.

Principal activities
The principal activity of the company during the period under review was Floor and wall covering.




Director

The Director who served at any time during the period was as follows:

G. Clayton









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

G. Clayton
Director
20 March 2025

at	30 September 2024
Company No.		15130397	Notes	2024
				£
Fixed assets

	Tangible assets		4	5,800


				5,800
Current assets

	Debtors		5	7,272

	Cash at bank and in hand			8,749
				16,021
Creditors: Amount falling due within one year			6	(4,332)
Net current assets				11,689
Total assets less current liabilities				17,489
Creditors: Amounts falling due after more than one year			7	(5,298)



Net assets				12,191

Capital and reserves
	Called up share capital			100



	Profit and loss account		9	12,091

Total equity				12,191



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 30 September 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 20 March 2025 and signed on its behalf by:
G. Clayton
Director
20 March 2025

for the period ended 30 September 2024

General information

Ideal Services Hull Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 15130397

Its registered office is:

70 Wright Street

Hull

HU2 8JD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2024
			Number
		The average monthly number of employees (including directors) during the period:	1

4	Tangible fixed assets
			Motor vehicles	Total
			£	£
		Cost or revaluation

		Additions	7,250	7,250



		At 30 September 2024	7,250	7,250
		Depreciation

		Charge for the year	1,450	1,450



		At 30 September 2024	1,450	1,450
		Net book values
		At 30 September 2024	5,800	5,800

5	Debtors
			2024
			£




		VAT recoverable	1,236

		CIS debtor	6,036

			7,272

6	Creditors:
		amounts falling due within one year
			2024
			£



		Obligations under finance lease and hire purchase contracts	2,049


		Taxes and social security	1,710
		Loans from directors	73

		Accruals and deferred income	500
			4,332

7	Creditors:
		amounts falling due after more than one year
			2024
			£



		Obligations under finance lease and hire purchase contracts	5,298




			5,298

Share Capital

100 Ordinary Shares

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2024
			£
		Dividends for the period:
		Dividends paid in the period	1,000

			1,000

		Dividends by type:

		Equity dividends	1,000
			1,000