IDA DEVELOPMENT LTD

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 08788544

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		112,117		84,228

			112,117		84,228
CURRENT ASSETS
Debtors	5	404,062		292,485
Cash at bank and in hand		58,095		8,541

		462,157		301,026
Creditors: Amounts Falling Due Within One Year	6	(111,640 )		(67,170 )

NET CURRENT ASSETS (LIABILITIES)			350,517		233,856

TOTAL ASSETS LESS CURRENT LIABILITIES			462,634		318,084

Creditors: Amounts Falling Due After More Than One Year	7		(41,550 )		(31,627 )

NET ASSETS			421,084		286,457

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			420,984		286,357

SHAREHOLDERS' FUNDS			421,084		286,457

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IDA DEVELOPMENT LTD

Statement of Financial Position (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Adrian Costiuc

Director

25/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

IDA DEVELOPMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08788544 . The registered office is 27 Harrier Park, Northampton , Northamptonshire, NN4 0QG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Written down value
Fixtures & Fittings	15% Written down value
Computer Equipment	25% Written down value

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 December 2024	115,143	45,113	35,403	195,659
Additions	45,500	-	4,074	49,574

As at 30 November 2025	160,643	45,113	39,477	245,233

Depreciation
As at 1 December 2024	62,486	25,618	23,327	111,431
Provided during the period	14,724	2,924	4,037	21,685

As at 30 November 2025	77,210	28,542	27,364	133,116

Net Book Value
As at 30 November 2025	83,433	16,571	12,113	112,117

As at 1 December 2024	52,657	19,495	12,076	84,228

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IDA DEVELOPMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	226,716	46,101
Un-expired HP interest	7,671	2,472
VAT	22,011	16,448
Director's loan account	110,654	121,658

	367,052	186,679
Due after more than one year
Deposit for storage	450	450
Advance to subcontractors	-	68,796
Corporation tax recoverable assets	36,560	36,560

	37,010	105,806

	404,062	292,485

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,304	20,626
Bank loans and overdrafts	-	12,128
Corporation tax	30,770	(5,847 )
PAYE / NI payable	5,565	11,599
CIS payable	37,180	25,796
Pension payable	924	1,137
Other creditors (Sub-Contractor's)	20,654	-
Wages payable	1,448	1,731
Accruals	11,795	-

	111,640	67,170

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Barclays BBL a/c - 23653832746654	-	15,749
HP loan (Reg. -BG22 GYR)	-	15,878
HP loan (Reg. -BU25 NYK)	41,550	-

	41,550	31,627

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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IDA DEVELOPMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Adrian Costiuc	121,658	42,000	53,004	-	110,654

The above loan is unsecured, interest free and repayable on demand.

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