Company No: 10089954 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Andrew James Bentinck
	Frances Bentinck

SECRETARY

Frances Bentinck

REGISTERED OFFICE	121 North Street Burwell
	Cambridge
	CB25 0BB
	United Kingdom

COMPANY NUMBER

10089954 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2023		2022
		£		£
Fixed assets
Tangible assets	3	250,216		250,647
		250,216		250,647
Current assets
Debtors	4	0		2,394
Cash at bank and in hand		52,588		12,831
		52,588		15,225
Creditors: amounts falling due within one year	5	( 96,517)		( 71,439)
Net current liabilities		(43,929)		(56,214)
Total assets less current liabilities		206,287		194,433
Creditors: amounts falling due after more than one year	6	( 140,000)		( 140,000)
Net assets		66,287		54,433
Capital and reserves
Called-up share capital	7	100		100
Revaluation reserve		42,155		42,155
Profit and loss account		24,032		12,178
Total shareholders' funds		66,287		54,433

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Idina Limited (registered number: 10089954) were approved and authorised for issue by the Board of Directors on 21 December 2023. They were signed on its behalf by:

Frances Bentinck Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Idina Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 121 North Street Burwell, Cambridge, CB25 0BB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2023		2022
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 April 2022	250,000		1,295		251,295
At 31 March 2023	250,000		1,295		251,295
Accumulated depreciation
At 01 April 2022	0		648		648
Charge for the financial year	0		431		431
At 31 March 2023	0		1,079		1,079
Net book value
At 31 March 2023	250,000		216		250,216
At 31 March 2022	250,000		647		250,647

4. Debtors

	2023		2022
	£		£
Trade debtors	0		2,394

5. Creditors: amounts falling due within one year

	2023		2022
	£		£
Trade creditors	89		3,397
Amounts owed to associates	46,000		52,000
Taxation and social security	12,311		4,490
Other creditors	38,117		11,552
	96,517		71,439

6. Creditors: amounts falling due after more than one year

	2023		2022
	£		£
Other creditors	140,000		140,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2023		2022
	£		£
Allotted, called-up and fully-paid
60 A ordinary shares of £ 1.00 each	60		60
40 B ordinary shares of £ 1.00 each	40		40
	100		100

8. Related party transactions

Transactions with the entity's directors

	2023		2022
	£		£
Directors loan account	177,029		149,534