Registration number:
IKH Construction Consultants Limited
for the Year Ended 28 February 2025
IKH Construction Consultants Limited
Contents
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Balance Sheet |
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Notes to the Financial Statements |
IKH Construction Consultants Limited
(Registration number: 07161064)
Balance Sheet as at 28 February 2025
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Note |
2025 |
2024 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net assets |
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Capital and reserves |
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Called up share capital |
10 |
10 |
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Retained earnings |
858 |
771 |
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Shareholders' funds |
868 |
781 |
For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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IKH Construction Consultants Limited
Notes to the Financial Statements for the Year Ended 28 February 2025
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
IKH Construction Consultants Limited
Notes to the Financial Statements for the Year Ended 28 February 2025
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant & Machinery |
25% Reducing Balance |
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Tangible assets |
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Plant & Machinery |
Total |
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Cost or valuation |
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At 1 March 2024 |
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At 28 February 2025 |
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Depreciation |
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At 1 March 2024 |
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At 28 February 2025 |
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Carrying amount |
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At 28 February 2025 |
- |
- |
IKH Construction Consultants Limited
Notes to the Financial Statements for the Year Ended 28 February 2025
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Debtors |
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Current |
2025 |
2024 |
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Trade debtors |
- |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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- |
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Taxation and social security |
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Accruals and deferred income |
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Related party transactions |
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Transactions with the director |
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2025 |
At 1 March 2024 |
Advances to director |
Repayments by director |
At 28 February 2025 |
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Mr Iain Hoodless |
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( |
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2024 |
At 1 March 2023 |
Advances to director |
Repayments by director |
At 29 February 2024 |
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Mr Iain Hoodless |
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( |
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The directors loan account was cleared within 9 months of the year end.