Company Registration No. 14103432 (England and Wales)
ILOSON PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 May 2025
ILOSON PROPERTIES LIMITED
Unaudited accounts
Contents
ILOSON PROPERTIES LIMITED
Company Information
for the year ended 31 May 2025
Director
ILOCHONWU, Samuel Chika
Company Number
14103432 (England and Wales)
Registered Office
53 DONNINGTON ROAD
READING
RG1 5NE
ENGLAND
ILOSON PROPERTIES LIMITED
Statement of financial position
as at 31 May 2025
Tangible assets
138,000
138,000
Cash at bank and in hand
1,287
1,580
Creditors: amounts falling due within one year
-
(33,675)
Net current assets/(liabilities)
1,287
(32,095)
Total assets less current liabilities
139,287
105,905
Creditors: amounts falling due after more than one year
(135,087)
(103,452)
Called up share capital
1
1
Profit and loss account
4,199
2,452
Shareholders' funds
4,200
2,453
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 15 December 2025 and were signed on its behalf by
ILOCHONWU, Samuel Chika
Director
Company Registration No. 14103432
ILOSON PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
ILOSON PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14103432. The registered office is 53 DONNINGTON ROAD, READING, RG1 5NE, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2025
2024
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
103,452
103,452
ILOSON PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 May 2025
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).