31 IPS Limited - Accounts

Registered Number: 13562992 31 IPS Limited
Statement of Financial Position
As at 31 December 2025

	2025		2024
	£	£	£	£
Fixed assets		5		5
Current assets	993		1,014
Net current assets		993		1,014
Total assets less current liabilities		998		1,019
Net assets		998		1,019


Capital and reserves		998		1,019

NOTES TO THE ACCOUNTS

General Information

31 IPS Limited is a private company, limited by shares, registered in England and Wales, registration number 13562992, registration address Ground Floor Flat, 31 Islington Park Street, London, N1 1QB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – 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.

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

Tangible fixed assets

The company owns a freehold property in which the directors, shareholders and related parties are leaseholders.
This property is considered to have an expected economic life such that any annual depreciation charge would be immaterial, consequently no such charge is made.
Shareholders hold 999 year leases commencing 25 December 1973, as a result of which a provision has been made against the carrying value of the property, reducing it to a nominal value of £5.

Land and Buildings

0 Reducing Balance

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 January 2025	5	5
Additions	-	-
Disposals	-	-
At 31 December 2025	5	5
Depreciation
At 01 January 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 December 2025	-	-
Net book values
Closing balance as at 31 December 2025	5	5
Opening balance as at 01 January 2025	5	5

3.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

For the year ended 31 December 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 accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 07 April 2026 and were signed on its behalf by:

--------------------------------
Nicholas Williams
Director


Registered Number: 13562992
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2025
for
31 IPS LIMITED