Ipsum Primus Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09995385 (England and Wales)

Unaudited Cessation Financial Statements

for the Year Ended 31 March 2022

for

Ipsum Primus Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Syed M Ahmed

REGISTERED OFFICE:

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

REGISTERED NUMBER:

09995385 (England and Wales)

ACCOUNTANTS:

SKN Services Ltd

Chartered Accountants

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

FIXED ASSETS

Tangible assets

4

26,065

26,065

CURRENT ASSETS

Debtors

5

-

300

Cash at bank and in hand

2,532

13,169

2,532

13,469

CREDITORS

Amounts falling due within one year

6

41,951

43,609

NET CURRENT LIABILITIES

(39,419

)

(30,140

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,354

)

(4,075

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(13,454

)

(4,175

)

SHAREHOLDERS' FUNDS

(13,354

)

(4,075

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 September 2022 and were signed by:

Mr Syed M Ahmed - Director

1.	STATUTORY INFORMATION

Ipsum Primus Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 3 ).

4.	TANGIBLE FIXED ASSETS

Short

leasehold

£

COST

At 1 April 2021

and 31 March 2022

26,065

NET BOOK VALUE

At 31 March 2022

26,065

At 31 March 2021

26,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other debtors

-

300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

1,100

2,469

Taxation and social security

478

526

Other creditors

40,373

40,614

41,951

43,609

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Syed M Ahmed.