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Company Registration No. 09820690 (England and Wales)
Ikstar Limited Unaudited accounts for the year ended 31 October 2025
Ikstar Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ikstar Limited Company Information for the year ended 31 October 2025
Directors
VINDHANI, Inaayat Husain VINDHANI, Mohammad Ikhlaaq
Company Number
09820690 (England and Wales)
Registered Office
47 London Road Oadby Leicester LE2 5DN England
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Ikstar Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,434
28,546
Current assets
Inventories
219,383
365,200
Debtors
5
4,791
7,850
Cash at bank and in hand
6,835
3,143
231,009
376,193
Creditors: amounts falling due within one year
6
(185,489)
(330,130)
Net current assets
45,520
46,063
Total assets less current liabilities
69,954
74,609
Creditors: amounts falling due after more than one year
7
(48,039)
(60,445)
Provisions for liabilities
Deferred tax
(6,109)
(7,137)
Other provisions
(950)
(950)
(7,059)
(8,087)
Net assets
14,856
6,077
Capital and reserves
Called up share capital
100
100
Profit and loss account
14,756
5,977
Shareholders' funds
14,856
6,077
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
VINDHANI, Inaayat Husain Director Company Registration No. 09820690
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Ikstar Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Ikstar Limited is a private company, limited by shares, registered in England and Wales, registration number 09820690. The registered office is 47 London Road, Oadby , Leicester, LE2 5DN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
6,866
21,216
34,917
62,999
Additions
-
-
200
200
At 31 October 2025
6,866
21,216
35,117
63,199
Depreciation
At 1 November 2024
5,051
10,763
18,639
34,453
Charge for the year
272
1,568
2,472
4,312
At 31 October 2025
5,323
12,331
21,111
38,765
Net book value
At 31 October 2025
1,543
8,885
14,006
24,434
At 31 October 2024
1,815
10,453
16,278
28,546
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,791
7,850
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Ikstar Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(9,217)
4,190
Trade creditors
193,000
314,584
Taxes and social security
1,199
13,813
Other creditors
419
15,431
Loans from directors
88
(17,888)
185,489
330,130
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
48,039
60,445
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
VINDHANI, Inaayat Husain
Directors Loan
8,943
26,252
35,238
(43)
VINDHANI, Mohammad Ikhlaaq
Directors Loan
8,943
26,251
35,239
(45)
17,886
52,503
70,477
(88)
There were amounts totaling £88 due to the directors as at the year end.
9
Average number of employees
During the year the average number of employees was 6 (2024: 10).
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