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Company Registration No. 10623939 (England and Wales)
IEDEO PROPERTIES LIMITED Unaudited Financial Statements for the year ended 30 November 2024
IEDEO PROPERTIES LIMITED Unaudited Financial Statements Contents
Page
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IEDEO PROPERTIES LIMITED Company Information for the year ended 30 November 2024
Directors
Mr M B Muhammad Taib Ms A R B Asnan
Company Number
10623939 (England and Wales)
Registered Office
190 Sussex Gardens London W2 1TU United Kingdom
Accountants
Adelita Shah Chartered Accountants Upton Farm Cottage Upton Northampton NN5 4UY
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IEDEO PROPERTIES LIMITED Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
190,364 
190,364 
Current assets
Debtors
400 
1,746 
Creditors: amounts falling due within one year
(177,615)
(184,585)
Net current liabilities
(177,215)
(182,839)
Net assets
13,149 
7,525 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
13,147 
7,523 
Shareholders' funds
13,149 
7,525 
For the year ending 30 November 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by
Mr M B Muhammad Taib Director Company Registration No. 10623939
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IEDEO PROPERTIES LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
IEDEO PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10623939. The registered office is 190 Sussex Gardens, London, W2 1TU, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The total current assets exceed total current liabilities at year end. It is on this basis that the accounts have been prepared on a going concern basis. The director remains confident that the turnover will increase in the coming months.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
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.
4
Investment property
2024 
£ 
Fair value at 1 December 2023
190,364 
At 30 November 2024
190,364 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
746 
Accrued income and prepayments
- 
600 
Other debtors
400 
400 
400 
1,746 
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IEDEO PROPERTIES LIMITED Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
600 
Taxes and social security
1,319 
400 
Other creditors
500 
500 
Loans from directors
173,095 
181,585 
Accruals
2,701 
1,500 
177,615 
184,585 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr M B Muhammad Taib
Director's Loan Account
181,585 
- 
8,490 
173,095 
181,585 
- 
8,490 
173,095 
The Director, Mr M Bin Muhammad Taib maintains a loan account with the company. At the start of the year the company owed the Director a balance of £181,585. During the course of the year the company repay £8,490 to Mr M Bin Muhammad Taib. The balance owed to the Director at the end of the year was £173,095. All loans made to the company are repayable on demand with 0% interest.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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