IDEA ASSET LIMITED

Company Registration Number:
14468029 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

IDEA ASSET LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

IDEA ASSET LIMITED

Company Information

for the Period Ended 30 November 2024




Director: Wing Yan Wong
Registered office: 19
Kelvedon Avenue
Newcastle Upon Tyne
GBR
NE3 3GT
Company Registration Number: 14468029 (England and Wales)

IDEA ASSET LIMITED

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Directors

The directors shown below have held office during the whole of the period from 01 December 2023 to 30 November 2024
Wing Yan Wong

This report was approved by the board of directors on 12 August 2025
And Signed On Behalf Of The Board By:

Name: Wing Yan Wong
Status: Director

IDEA ASSET LIMITED

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£
13 months to
30 Nov 2023
£
Gross Profit or (Loss) 3,514 5,250
Administrative Expenses ( 10,555 ) ( 7,245 )
Operating Profit or (Loss) ( 7,041 ) ( 1,995 )
Profit or (Loss) Before Tax ( 7,041 ) ( 1,995 )
Profit or (Loss) for Period ( 7,041 ) ( 1,995 )

The notes form part of these financial statements

IDEA ASSET LIMITED

Balance sheet

As at 30 November 2024


Notes

2024
£
13 months to
30 Nov 2023
£
Fixed assets
Tangible assets: 4 133,167 104,779
Total fixed assets: 133,167 104,779
Current assets
Cash at bank and in hand: 1,654
Total current assets: 1,654
Net current assets (liabilities): 1,654
Total assets less current liabilities: 134,821 104,779
Creditors: amounts falling due after more than one year: ( 143,856 ) ( 106,773 )
Total net assets (liabilities): ( 9,035 ) ( 1,994 )

The notes form part of these financial statements

IDEA ASSET LIMITED

Balance sheet continued

As at 30 November 2024


Notes

2024
£
13 months to
30 Nov 2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 9,036 ) ( 1,995 )
Shareholders funds: ( 9,035 ) ( 1,994 )

For the year ending 30 November 2024 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 August 2025
And Signed On Behalf Of The Board By:

Name: Wing Yan Wong
Status: Director

The notes form part of these financial statements

IDEA ASSET LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IDEA ASSET LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024
    13 months to
    30 Nov 2023
    Average number of employees during the period 0 0

IDEA ASSET LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

IDEA ASSET LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible Assets

Total
Cost £
At 01 December 2023 104,779
Additions 28,388
Disposals -
Revaluations -
Transfers -
At 30 November 2024 133,167
Depreciation
At 01 December 2023 -
Charge for year -
On disposals -
Other adjustments -
At 30 November 2024 -
Net book value
At 30 November 2024 133,167
At 30 November 2023 104,779