IFS Holdings Limited Filleted accounts for Companies House (small and micro)
IFS Holdings Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03819495
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Investments |
4 |
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Current assets
Debtors |
5 |
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Investments |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
(
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(
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Net current assets |
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--------- |
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Total assets less current liabilities |
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--------- |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
8 |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
.
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Statement of Financial Position (continued) |
These accounts were approved by the
board of directors
and authorised for issue on
21 March 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
03819495
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Notes to the Accounts |
Year ended 31 December 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Cotman Close, London, NW11 6QD.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Consolidation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
Financial instruments
4.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2022 and 31 December 2022 |
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Impairment |
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At 1 January 2022 and 31 December 2022 |
– |
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Carrying amount |
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At 31 December 2022 |
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At 31 December 2021 |
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The company owns 100% of the issued share capital of International Fiscal Services Ltd.
5.
Debtors
2022 |
2021 |
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£ |
£ |
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Other debtors |
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--------- |
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6.
Investments
2022 |
2021 |
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£ |
£ |
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Other investments |
766,565 |
1,111,512 |
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The above consists of an investment portfolio held for the short term and considered available for sale.
7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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8.
Called up share capital
Issued, called up and fully paid
2022 |
2021 |
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No. |
£ |
No. |
£ |
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50 |
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50 |
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9.
Directors' advances, credits and guarantees
10.
Related party transactions
11.
Controlling party
The company was under the joint control of
Mr M R Saunders
and Mrs S R Saunders, throughout the current and previous year, by virtue of their equal shareholding in the company.