REGISTERED NUMBER: 05210955 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 OCTOBER 2023 TO 29 SEPTEMBER 2024

FOR

IDEAL CORPORATE SOLUTIONS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

5

DIRECTOR:

A Rosler

REGISTERED OFFICE:

c/o Ideal Corporate Solutions Limited

Lancaster House

171 Chorley New Road

Bolton

Greater Manchester

BL1 4QZ

REGISTERED NUMBER:

05210955 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

17,134

58,256

Investments

6

330,000

329,999

347,134

388,255

CURRENT ASSETS

Debtors

7

600,930

293,545

Cash at bank and in hand

66,001

508,119

666,931

801,664

CREDITORS

Amounts falling due within one year

8

147,378

212,718

NET CURRENT ASSETS

519,553

588,946

TOTAL ASSETS LESS CURRENT LIABILITIES

866,687

977,201

CREDITORS

Amounts falling due after more than one year

9

(28,578

)

(40,200

)

PROVISIONS FOR LIABILITIES

(4,284

)

-

NET ASSETS

833,825

937,001

CAPITAL AND RESERVES

Called up share capital

199

199

Share premium

329,999

329,999

Retained earnings

503,627

606,803

SHAREHOLDERS' FUNDS

833,825

937,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by A Rosler the director and authorised for issue on 23 September 2025 and were signed by:

A Rosler - Director

1.	STATUTORY INFORMATION

Ideal Corporate Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reports Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.

The disclosure requirements of section 1a of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Preparation of consolidated financial statements

The financial statements contain information about Ideal Corporate Solutions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents services rendered, excluding value added tax, together with other provisions.

Turnover is recognised when the service has been provided or fees fall due.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are included at cost or valuation less depreciation and impairment.

Depreciation is provided at the following rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures & fittings

-

20% on cost

Motor vehicles

-

20% on reducing balance

Office equipment

-

33% on cost

Impairment of assets

At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Investments in subsidiaries

Shares in group undertakings are included at cost less provision for permanent diminution in value.

Financial instruments

The following assets and liabilities are classified as financial instruments; trade debtors, Directors' loan accounts, trade creditors, accruals and bank loans.

Financial instruments that are payable or receivable within one year, typically trade debtors, Directors' loan accounts, trade creditors and accruals, are measured initially and subsequently at the discounted amount of the cash or other consideration that is expected to be paid or received.

Financial instruments repayable in more than one year such as bank loans are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 29 September 2024

50,000

AMORTISATION

At 1 October 2023

and 29 September 2024

50,000

NET BOOK VALUE

At 29 September 2024

-

At 30 September 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

177,071

Disposals

(70,650

)

At 29 September 2024

106,421

DEPRECIATION

At 1 October 2023

118,815

Charge for period

4,808

Eliminated on disposal

(34,336

)

At 29 September 2024

89,287

NET BOOK VALUE

At 29 September 2024

17,134

At 30 September 2023

58,256

The net book value of tangible fixed assets includes £ 16,754 (2023 - £ 57,256 ) in respect of assets held under hire purchase contracts and finance leases.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2023

329,999

Additions

1

At 29 September 2024

330,000

NET BOOK VALUE

At 29 September 2024

330,000

At 30 September 2023

329,999

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

78,527

67,749

Amounts owed by group undertakings

196,767

190,382

Other debtors

325,636

35,414

600,930

293,545

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,554

5,556

Hire purchase contracts and finance leases

6,101

25,143

Trade creditors

49,715

15,603

Taxation and social security

75,400

154,787

Other creditors

10,608

11,629

147,378

212,718

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

26,544

32,093

Hire purchase contracts and finance leases

2,034

8,107

28,578

40,200

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

4,322

9,870

10.	OTHER FINANCIAL COMMITMENTS

The company has operating lease commitments amounting to £32,225 (2023: £27,500).

11.	RELATED PARTY DISCLOSURES

Included in Other Debtors is £121,086 (2023: £740 Creditor) due from the director. Interest has been charged at 2.25%.

12.	ULTIMATE CONTROLLING PARTY

Following a change in ownership in October 2024, the company is now controlled by the directors of Ideal corporate Solutions (EOT) Limited