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IFA Construction Ltd
Registered Number:10765179
For the year ended 31 May 2025
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 May 2025
IFA Construction Ltd
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7
Notes to the Financial Statements
3
For the year ended 31 May 2025
IFA Construction Ltd
Company Information
Mr Ajet Shehu
Director
10765179
Registered Number
73d Cumberland Street
Registered Office
London
SW1V 4NB
Cheryl Taylor Accountancy Services
Accountants
2B Zider Pass
Canvey Island
Essex
SS8 7QJ
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4
For the year ended 31 May 2025
IFA Construction Ltd
Director's Report
The director presents his report and financial statements for the year ended 31 May 2025.
Principal activities
The principal activity of the company continued to be that of building services to commercial & domestic clients.
Director
The director who served the company throughout the year was as follows:
Mr Ajet Shehu
Mr Ajet Shehu
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
29 July 2025
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5
For the year ended 31 May 2025
IFA Construction Ltd
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 31 May 2025 and you consider that the company is exempt from an audit under the Companies Act
2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to
us.
Cheryl Taylor Accountancy Services
2B Zider Pass
Canvey Island
Essex
SS8 7QJ
Date:
29 July 2025
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6
For the year ended 31 May 2025
IFA Construction Ltd
Income Statement
2024
£
2025
£
Turnover
370,551
151,768
(80,810)
Cost of sales
(311,282)
70,958
Gross profit
59,269
Distribution costs
(1,880)
(1,932)
Administrative expenses
(84,371)
(41,320)
(26,982)
27,706
Operating loss
(26,982)
27,706
(26,982)
27,706
Loss before taxation
-
(5,264)
Taxation
(26,982)
Loss for the financial year
22,442
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7
Registered Number :
10765179
As at 31 May 2025
IFA Construction Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Current assets
63,754
Cash and cash equivalents
7,725
7,725
63,754
Trade and other payables: amounts falling due within one
year
(47,056)
(21,765)
2
16,698
(14,040)
Net current liabilities
Total assets less current liabilities
(14,040)
16,698
(14,040)
Net assets/liabilities
16,698
Capital and reserves
Share premium account
1
1
Retained earnings
(14,041)
16,697
(14,040)
16,698
Shareholders' funds
For the year ended 31 May 2025 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 of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Ajet Shehu
These financial statements were approved and authorised for issue by the Board on 29 July 2025 and were signed by:
The notes form part of these financial statements
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8
For the year ended 31 May 2025
IFA Construction Ltd
Statement of Changes in Equity
Share
Premium
Retained
earnings
Total
£
£
£
Balance at 01 June 2023
1
11,155
11,156
22,442
22,442
Profit/Loss for the period
Dividends
(16,900)
(16,900)
Balance at 31 May 2024 and 01 June 2024
16,698
16,697
1
(26,982)
(26,982)
Loss for the year
Dividends
(3,756)
(3,756)
Balance at 31 May 2025
1
(14,041)
(14,040)
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9
For the year ended 31 May 2025
IFA Construction Ltd
Notes to the Financial Statements
Statutory Information
IFA Construction Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10765179.
Registered address:
73d Cumberland Street
London
SW1V 4NB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
1,425
1,663
Taxation and social security
1,542
15,539
Other creditors
18,798
29,854
21,765
47,056
3. Average number of persons employed
During the year the average number of employees was 4 (2024 : 2)
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