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Company Registration No. 04498781 (England and Wales)
IX Associates Limited Unaudited accounts for the year ended 31 July 2024
IX Associates Limited Unaudited accounts Contents
Page
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IX Associates Limited Company Information for the year ended 31 July 2024
Director
S Bains
Company Number
04498781 (England and Wales)
Registered Office
367 Caledonian Road LONDON Greater London N7 9DQ United Kingdom
Accountants
Allen Robyn & Associates Limited 367 Caledonian Road London N7 9DQ
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IX Associates Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,340 
10,170 
Current assets
Debtors
8,058 
2,070 
Cash at bank and in hand
(10,862)
(11,309)
(2,804)
(9,239)
Creditors: amounts falling due within one year
(588,951)
(519,861)
Net current liabilities
(591,755)
(529,100)
Net liabilities
(577,415)
(518,930)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(577,416)
(518,931)
Shareholders' funds
(577,415)
(518,930)
For the year ending 31 July 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 28 April 2024 and were signed on its behalf by
S Bains Director Company Registration No. 04498781
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IX Associates Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
IX Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04498781. The registered office is 367 Caledonian Road, LONDON, Greater London, N7 9DQ, 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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
8,114 
15,142 
22,136 
45,392 
Additions
- 
2,523 
1,647 
4,170 
At 31 July 2024
8,114 
17,665 
23,783 
49,562 
Depreciation
At 1 August 2023
7,981 
12,538 
14,703 
35,222 
At 31 July 2024
7,981 
12,538 
14,703 
35,222 
Net book value
At 31 July 2024
133 
5,127 
9,080 
14,340 
At 31 July 2023
133 
2,604 
7,433 
10,170 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,700 
1,703 
Other debtors
358 
367 
8,058 
2,070 
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IX Associates Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
114,106 
121,863 
Trade creditors
84,955 
73,547 
Taxes and social security
477 
(155)
Other creditors
(3)
(4)
Loans from directors
378,726 
315,720 
Accruals
10,690 
8,890 
588,951 
519,861 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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