IDA Ventures Limited - Filleted accounts

Registered number

14393305

IDA Ventures Limited

Filleted Accounts

31 August 2025

IDA Ventures Limited
Registered number:		14393305
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		307			409

Current assets
Debtors	4	42,381			25,745
Cash at bank and in hand		2,867			1,170
		45,248			26,915

Creditors: amounts falling due within one year	5	(10,951)			(6,556)

Net current assets			34,297			20,359

Net assets			34,604			20,768

Capital and reserves
Called up share capital			100			100
Profit and loss account			34,504			20,668

Shareholders' funds			34,604			20,768

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 his 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.




A Warfman
Director
Approved by the board on 28 May 2026

IDA Ventures Limited
Notes to the Accounts
for the year ended 31 August 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract 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:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Taxation
	Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
	Current or deferred taxation assets and liabilities are not discounted.
	Current tax is recognised as the amount of tax payable using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		3		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2024				696
	At 31 August 2025				696

	Depreciation
	At 1 September 2024				287
	Charge for the year				102
	At 31 August 2025				389

	Net book value
	At 31 August 2025				307
	At 31 August 2024				409


4	Debtors		2025		2024
£				£

	Other debtors		42,381		25,745


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		154		126
	Taxation and social security costs		7,297		4,430
	Other creditors		3,500		2,000
			10,951		6,556


6	Other information

	IDA Ventures Limited is a private company limited by shares and incorporated in England. Its registered office is:
	62 Ida Road
	London
	N15 5JN