1 December 2023 false No description of principal activity Taxfiler 2024.6 07455212business:PrivateLimitedCompanyLtd2023-12-012024-11-30 074552122023-11-30 074552122023-12-012024-11-30 07455212business:AuditExemptWithAccountantsReport2023-12-012024-11-30 07455212business:FilletedAccounts2023-12-012024-11-30 074552122024-11-30 07455212business:Director12023-12-012024-11-30 07455212business:RegisteredOffice2023-12-012024-11-30 074552122023-11-30 07455212core:WithinOneYear2024-11-30 07455212core:WithinOneYear2023-11-30 07455212core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 07455212core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07455212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 07455212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07455212core:PreviouslyStatedAmount2024-11-30 07455212core:PreviouslyStatedAmount2023-11-30 07455212business:SmallEntities2023-12-012024-11-30 07455212countries:EnglandWales2023-12-012024-11-30 07455212core:PlantMachinery2023-12-012024-11-30 07455212core:PlantMachinery2023-11-30 07455212core:PlantMachinery2024-11-30 074552122022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07455212 (England and Wales)
Islande Contracts Ltd Unaudited accounts for the year ended 30 November 2024
Islande Contracts Ltd Unaudited accounts Contents
Page
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Islande Contracts Ltd Company Information for the year ended 30 November 2024
Director
Simon Daniels
Company Number
07455212 (England and Wales)
Registered Office
7 Rushall Manor Road Walsall WS4 2HA
Accountants
Sedgley Accounting and Business Services Limited 13 Warren Drive Sedgley DY3 3RQ
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Islande Contracts Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
677 
847 
Current assets
Debtors
12,231 
8,103 
Cash at bank and in hand
24,299 
71,716 
36,530 
79,819 
Creditors: amounts falling due within one year
(9,253)
(20,321)
Net current assets
27,277 
59,498 
Net assets
27,954 
60,345 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
27,952 
60,343 
Shareholders' funds
27,954 
60,345 
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 director acknowledges his 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 and authorised for issue on 18 August 2025 and were signed on its behalf by
Simon Daniels Director Company Registration No. 07455212
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Islande Contracts Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Islande Contracts Ltd is a private company, limited by shares, registered in England and Wales, registration number 07455212. The registered office is 7 Rushall Manor Road, Walsall, WS4 2HA.
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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and investments in nonputtable ordinary shares. Short term debtors are measured at transaction price less subsequent impairment. Short term creditors are measured at transaction price.
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Islande Contracts Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2023
18,701 
At 30 November 2024
18,701 
Depreciation
At 1 December 2023
17,854 
Charge for the year
170 
At 30 November 2024
18,024 
Net book value
At 30 November 2024
677 
At 30 November 2023
847 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,231 
8,103 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,690 
7,300 
Trade creditors
4,334 
- 
Taxes and social security
2,058 
10,318 
Loans from directors
7 
673 
Accruals
1,164 
2,030 
9,253 
20,321 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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