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Company Registration No. 12217004 (England and Wales)
IRIN UK LTD Unaudited accounts for the year ended 30 September 2024
IRIN UK LTD Unaudited accounts Contents
Page
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IRIN UK LTD Company Information for the year ended 30 September 2024
Director
Mrs AHMY CHO
Company Number
12217004 (England and Wales)
Registered Office
257 Woodstock Road Oxford Oxfordshire OX2 7AE England
Accountants
FURUICHOI & CO Chartered Accountants 69 Station Road Hampton Greater London TW12 2BT
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IRIN UK LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,560 
6,236 
Current assets
Cash at bank and in hand
4,944 
5,287 
Creditors: amounts falling due within one year
(17,458)
(16,198)
Net current liabilities
(12,514)
(10,911)
Total assets less current liabilities
(7,954)
(4,675)
Creditors: amounts falling due after more than one year
(225,750)
(172,750)
Net liabilities
(233,704)
(177,425)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(233,804)
(177,525)
Shareholders' funds
(233,704)
(177,425)
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 January 2025 and were signed on its behalf by
Mrs AHMY CHO Director Company Registration No. 12217004
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IRIN UK LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
IRIN UK LTD is a private company, limited by shares, registered in England and Wales, registration number 12217004. The registered office is 257 Woodstock Road, Oxford, Oxfordshire, OX2 7AE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
30% reducing balance
Computer equipment
25% reducing balance
Going concern
The director has reasonable expectation that the Company has adequate resources from its parent company in South Korea to continue in operational existence for the foreseeable future. Accordingly, they have prepared the financial statements under the going concern basis. -
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IRIN UK LTD Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
12,063 
5,683 
17,746 
Additions
143 
- 
143 
At 30 September 2024
12,206 
5,683 
17,889 
Depreciation
At 1 October 2023
7,714 
3,796 
11,510 
Charge for the year
1,347 
472 
1,819 
At 30 September 2024
9,061 
4,268 
13,329 
Net book value
At 30 September 2024
3,145 
1,415 
4,560 
At 30 September 2023
4,349 
1,887 
6,236 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
- 
1,032 
Loans from directors
13,979 
13,979 
Accruals
3,479 
1,187 
17,458 
16,198 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
225,750 
172,750 
The parent entity in South Korea has funded GBP 225,750 into its UK subsidiary since incorporated in the UK.
7
Pension commitments
WORKPLACE PENSIONS The company operates an occupational pension scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
8
Controlling party
By virtue of its relevant legal entity's 100% shareholding the immediate parent undertaking is EVER IB LLC. (805-86-00530), a business incorporated in Korea with its registered address at 508, Gaepo-ro, Gangnam-gu, Seoul, South Korea.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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