I H Segal & Co Limited - Filleted accounts

Registered number

15570332

I H Segal & Co Limited

Filleted Accounts

31 March 2025

I H Segal & Co Limited
Registered number:		15570332
Balance Sheet
as at 31 March 2025

Notes			2025
£
Fixed assets
Tangible assets	3		977

Current assets
Debtors	4	27,026
Cash at bank and in hand		79,507
		106,533

Creditors: amounts falling due within one year	5	(42,338)

Net current assets			64,195

Net assets			65,172

Capital and reserves
Called up share capital			300
Profit and loss account			64,872

Shareholders' funds			65,172

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Isabella Segal
Director
Approved by the board on 13 December 2025

I H Segal & Co Limited
Notes to the Accounts
for the period from 17 March 2024 to 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services, which is recognised by reference to the stage of completion of the contract and is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computers and office equipment	over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees		2025
Number

	Average number of persons employed by the company		1


3	Tangible fixed assets
				Computers & office equipment
£
	Cost
	Additions			1,466
	At 31 March 2025			1,466

	Depreciation
	Charge for the period			489
	At 31 March 2025			489

	Net book value
	At 31 March 2025			977


4	Debtors		2025
£

	Trade debtors		24,899
	Other debtors		2,127
			27,026


5	Creditors: amounts falling due within one year		2025
£

	Trade creditors		2,150
	Taxation and social security costs		29,051
	Other creditors		11,137
			42,338

	Included in other creditors is £11,137 owing to the director. The loan is interest-free and there is no fixed date of repayment. The director has confirmed that the loan will only be repaid as and when cash flow permits.



6	Controlling party

	The company is controlled by the director who owns 76% of the issued share capital of the company.


7	Other information

	I H Segal & Co Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Devonshire House
	582 Honeypot Lane
	Stanmore
	Middlesex
	HA7 1JS