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Company Registration No. 12726243 (England and Wales)
Ipap Ultimate Holdings Limited Unaudited accounts for the year ended 30 June 2025
Ipap Ultimate Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ipap Ultimate Holdings Limited Company Information for the year ended 30 June 2025
Directors
Ian Philips Andrew Clive Poulet
Company Number
12726243 (England and Wales)
Registered Office
Appledore Stretton Heath Shrewsbury SY5 9QQ England
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Ipap Ultimate Holdings Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
1,213
Current assets
Debtors
5
-
22
Cash at bank and in hand
6
303
6
325
Creditors: amounts falling due within one year
6
(23,080)
(21,326)
Net current liabilities
(23,074)
(21,001)
Net liabilities
(23,074)
(19,788)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(23,174)
(19,888)
Shareholders' funds
(23,074)
(19,788)
For the year ending 30 June 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 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 29 October 2025 and were signed on its behalf by
Andrew Clive Poulet Director Company Registration No. 12726243
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Ipap Ultimate Holdings Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Ipap Ultimate Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12726243. The registered office is Appledore, Stretton Heath, Shrewsbury, SY5 9QQ, England.
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.
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:
Computer equipment
20% Straight line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
7,608
At 30 June 2025
7,608
Depreciation
At 1 July 2024
6,395
Charge for the year
1,213
At 30 June 2025
7,608
Net book value
At 30 June 2025
-
At 30 June 2024
1,213
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
22
- 5 -
Ipap Ultimate Holdings Limited Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
22,430
20,666
Accruals
650
660
23,080
21,326
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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