IAC TRADING LIMITED

Company Registration Number:
07650997 (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

IAC TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

IAC TRADING LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 924,830 927,480
Total fixed assets: 924,830 927,480
Current assets
Cash at bank and in hand: 1,410,452 1,153,429
Investments:   651,150 435,000
Total current assets: 2,061,602 1,588,429
Creditors: amounts falling due within one year:   (368,947) (279,215)
Net current assets (liabilities): 1,692,655 1,309,214
Total assets less current liabilities: 2,617,485 2,236,694
Total net assets (liabilities): 2,617,485 2,236,694
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,617,385 2,236,594
Shareholders funds: 2,617,485 2,236,694

The notes form part of these financial statements

IAC TRADING LIMITED

Balance sheet statements

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 August 2025
and signed on behalf of the board by:

Name: Z R CHOUDHRY
Status: Director

The notes form part of these financial statements

IAC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

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

IAC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

IAC TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 932,668
Additions 9,250
At 30 November 2024 941,918
Depreciation
At 01 December 2023 5,188
Charge for year 11,900
At 30 November 2024 17,088
Net book value
At 30 November 2024 924,830
At 30 November 2023 927,480