Accounts filed on 31-01-2018

Accounts filed on 31-01-2018

IDEAL PARTNERSHIP LTD - Company Information

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Registered number: 08859613
IDEAL PARTNERSHIP LTD
ACCOUNTS
FOR THE YEAR ENDED 31/01/2018
Prepared By:
DNB Accounting
51 Craven Park Road
London
N15 6AH
IDEAL PARTNERSHIP LTD
ACCOUNTS
FOR THE YEAR ENDED 31/01/2018
DIRECTORS
Asher Brecher
REGISTERED OFFICE
51 Craven Park Road
London
N15 6AH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08859613
ACCOUNTANTS
DNB Accounting
51 Craven Park Road
London
N15 6AH
IDEAL PARTNERSHIP LTD
ACCOUNTS
FOR THEYEARENDED31/01/2018
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
IDEAL PARTNERSHIP LTD
BALANCE SHEET AT 31/01/2018
20182017
Notes££
FIXED ASSETS
Tangible assets2499,632499,632
CURRENT ASSETS
Debtors429,86717,854
Cash at bank and in hand40,98536,147
70,85254,001
CREDITORS: Amounts falling due within one year5232,513219,236
NET CURRENT LIABILITIES(161,661)(165,235)
TOTAL ASSETS LESS CURRENT LIABILITIES337,971334,397
CREDITORS: Amounts falling due after more than one year6323,878330,790
NET ASSETS14,0933,607
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account14,0923,606
SHAREHOLDERS' FUNDS14,0933,607
For the year ending 31/01/2018 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/10/2018 and signed on their behalf by
.............................
Asher Brecher
Director
IDEAL PARTNERSHIP LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2018
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. TANGIBLE FIXED ASSETS
Cost
At 31/01/2018
Depreciation
At 31/01/2018
Net Book Amounts
At 31/01/2018
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/02/2017499,632499,632
At 31/01/2018499,632499,632
IDEAL PARTNERSHIP LTD
4. DEBTORS 20182017
££
Amounts falling due within one year
Other debtors29,64617,634
Prepayments221220
29,86717,854
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20182017
££
UK corporation tax2,486995
Trade creditors23,38811,158
Other creditors206,086206,579
Accruals553504
232,513219,236
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20182017
££
Bank loans (secured) >1yr323,878330,790
323,878330,790
7. EMPLOYEES
20182017
No.No.
Average number of employees--
8. SHARE CAPITAL 20182017
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11