REGISTERED NUMBER: 14177608 (England and Wales)

Idea Operations Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

B B Evans

D J Goulandris

Registered office:

20-21 Bloomsbury Way

London

WC1A 2TH

Registered number:

14177608 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Investments

4

1,837,038

1,837,038

Current assets

Debtors

5

31,437

19,006

Cash at bank

334,021

432

365,458

19,438

Creditors

Amounts falling due within one year

6

2,297,699

1,950,007

Net current liabilities

(1,932,241

)

(1,930,569

)

Total assets less current liabilities

(95,203

)

(93,531

)

Capital and reserves

Called up share capital

7

198

198

Share premium

10,571

10,571

Retained earnings

(105,972

)

(104,300

)

Shareholders' funds

(95,203

)

(93,531

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

B B Evans - Director

1.	Statutory information

Idea Operations 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 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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have received a letter of support from the group confirming their current intention to continue to support the company as and when

required to enable the company to meet its liabilities as they fall due and have considered the ability of the

group to provide that support. Based on these assessments, the directors have concluded that they can

continue to adopt the going concern basis in the preparing these 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 January 2024

and 31 December 2024

1,837,038

Net book value

At 31 December 2024

1,837,038

At 31 December 2023

1,837,038

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

31,437

19,006

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Amounts owed to group undertakings

1,042,198

634,506

Other creditors

1,255,501

1,315,501

2,297,699

1,950,007

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

198

Ordinary

£1

198

198