Company Registration No. 12957753 (England and Wales)
IDEAL ARCHITECTS LIMITED
Unaudited accounts
for the year ended 31 March 2025
IDEAL ARCHITECTS LIMITED
Statement of financial position
as at 31 March 2025
Investment property
-
170,034
Cash at bank and in hand
16,682
672
Creditors: amounts falling due within one year
(2,199)
(6,186)
Net current assets/(liabilities)
14,483
(5,514)
Total assets less current liabilities
14,483
168,800
Creditors: amounts falling due after more than one year
-
(150,037)
Called up share capital
100
100
Profit and loss account
14,383
18,663
Shareholders' funds
14,483
18,763
For the year ending 31 March 2025 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 her 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 16 May 2025 and were signed on its behalf by
Stacey Houghton
Director
Company Registration No. 12957753
IDEAL ARCHITECTS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
IDEAL ARCHITECTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12957753. The registered office is 596 Burnley Road, Rossendale, Lancashire, BB4 8AJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
18% Reducing balance
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
IDEAL ARCHITECTS LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2024
170,034
The investment property was disposed of on the 21st February 2025.
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
4,087
Loans from directors
949
949
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
Included within Creditors : amounts due within one year are amounts owing to Stacey Houghton £949 (31 March 2024 - £949), current Director of the Company.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).