Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-272024-09-27false2023-09-28trueThe principal activity of the company continued to be that of property development.false0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0false 10387676 2023-09-28 2024-09-27 10387676 2022-09-28 2023-09-27 10387676 2024-09-27 10387676 2023-09-27 10387676 c:Director2 2023-09-28 2024-09-27 10387676 d:CurrentFinancialInstruments 2024-09-27 10387676 d:CurrentFinancialInstruments 2023-09-27 10387676 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-27 10387676 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-27 10387676 d:ShareCapital 2024-09-27 10387676 d:ShareCapital 2023-09-27 10387676 d:RetainedEarningsAccumulatedLosses 2024-09-27 10387676 d:RetainedEarningsAccumulatedLosses 2023-09-27 10387676 c:FRS102 2023-09-28 2024-09-27 10387676 c:AuditExempt-NoAccountantsReport 2023-09-28 2024-09-27 10387676 c:FullAccounts 2023-09-28 2024-09-27 10387676 c:PrivateLimitedCompanyLtd 2023-09-28 2024-09-27 10387676 e:PoundSterling 2023-09-28 2024-09-27 iso4217:GBP xbrli:pure

Registered number: 10387676









IPE ORCHESTRA LAND LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 27 SEPTEMBER 2024

 
IPE ORCHESTRA LAND LIMITED
REGISTERED NUMBER: 10387676

BALANCE SHEET
AS AT 27 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
91,655
91,656

Debtors
 4 
20
20

  
91,675
91,676

Creditors: amounts falling due within one year
 5 
(156,280)
(153,116)

Net current liabilities
  
 
 
(64,605)
 
 
(61,440)

Total assets less current liabilities
  
(64,605)
(61,440)

  

Net liabilities
  
(64,605)
(61,440)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(64,705)
(61,540)

  
(64,605)
(61,440)


Page 1

 
IPE ORCHESTRA LAND LIMITED
REGISTERED NUMBER: 10387676
    
BALANCE SHEET (CONTINUED)
AS AT 27 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mohammed Adnan Imam
Director

Date: 19 June 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
IPE ORCHESTRA LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 SEPTEMBER 2024

1.


General information

The company is a members limited liability company incorporated in the United Kingdom.
The registered address of the company is:
22 Gilbert Street
London
W1K 5HD
The company's principal activity is that of property development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
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 Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
IPE ORCHESTRA LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

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

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Debtors

2024
2023
£
£



Other debtors
20
20

20
20


Page 4

 
IPE ORCHESTRA LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 SEPTEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
33,451
41,634

Trade creditors
-
1,220

Corporation tax
2,800
-

Other taxation
19,688
18,750

Other creditors
100,341
91,512

156,280
153,116



6.


Related party transactions

At the year end the company owed to Mohammed Adnan Imam for an amount of £100,340 the ultimate controlling party. It was before IPE Group (Holdings) limited was the parent company as of 15/09/2024 where Mr Imam was by virtue the controlling pary of IPE Group Holdings Ltd  (2023: £91,512).


7.


Controlling party

The ultimate controlling party is Mohammed Adnan Imam by virtue of his shareholding

Page 5