IDC PROPERTIES (INVEST) LTD

IDC PROPERTIES (INVEST) LTD
Contents Page
For the year ended 31 May 2025

Statement of financial position	1
Notes to the financial statements	2

IDC PROPERTIES (INVEST) LTD
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	84,030	84,845
		84,030	84,845
Current assets
Cash at bank and in hand		746	330
Creditors: amount falling due within one year		(33,632)	(35,302)
Net current assets		(32,886)	(34,972)

Total assets less current liabilities		51,144	49,873
Creditors: amount falling due after more than one year		(61,500)	(61,500)
Net assets		(10,356)	(11,627)

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(10,456)	(11,727)
Shareholders' funds		(10,356)	(11,627)

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 November 2025 and were signed on its behalf by:

-------------------------------
Billy Thomas Bennett
Director

1

IDC PROPERTIES (INVEST) LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

IDC PROPERTIES (INVEST) LTD is a private company, limited by shares, registered in England and Wales, registration number 14887586, registration address 23 Harbinger Road, London, E14 3AA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of services supplied by the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Investment properties	Total
	£	£	£
At 01 June 2024	3,260	82,400	85,660
Additions	-	-	-
Disposals	-	-	-
At 31 May 2025	3,260	82,400	85,660
Depreciation
At 01 June 2024	815	-	815
Charge for year	815	-	815
On disposals	-	-	-
At 31 May 2025	1,630	-	1,630
Net book values
Closing balance as at 31 May 2025	1,630	82,400	84,030
Opening balance as at 01 June 2024	2,445	82,400	84,845

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

2

Registered Number: 14887586
England and Wales
IDC PROPERTIES (INVEST) LTD

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025