Company Registration No. 6821592 (England and Wales)
IR-ENTERTAINMENT LTD
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
IR-ENTERTAINMENT LTD
Unaudited accounts
Contents
IR-ENTERTAINMENT LTD
Company Information
for the period from 29 February 2024 to 28 February 2025
Company Number
6821592 (England and Wales)
Registered Office
THIRD FLOOR, KEMP HOUSE
160 CITY ROAD
LONDON
GREATER LONDON
EC1V 2NX
UNITED KINGDOM
Accountants
MBS Accountancy Services Ltd
Garden House, 11 Judith Avenue
Knodishall
SAXMUNDHAM
Suffolk
IP17 1UY
IR-ENTERTAINMENT LTD
Accountants' report
Accountants' report to the director of IR-ENTERTAINMENT LTD (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the period from 29 February 2024 to 28 February 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the period from 29 February 2024 to 28 February 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MBS Accountancy Services Ltd
Garden House, 11 Judith Avenue
Knodishall
SAXMUNDHAM
Suffolk
IP17 1UY
18 March 2025
IR-ENTERTAINMENT LTD
Statement of financial position
as at 28 February 2025
Intangible assets
11,532
14,808
Tangible assets
444,283
492,402
Cash at bank and in hand
(25,111)
(25,737)
Creditors: amounts falling due within one year
(605,187)
(282,927)
Net current liabilities
(607,609)
(274,775)
Total assets less current liabilities
(151,794)
232,435
Creditors: amounts falling due after more than one year
(232,646)
(393,132)
Net liabilities
(384,440)
(160,697)
Called up share capital
112
112
Profit and loss account
(384,552)
(160,809)
Shareholders' funds
(384,440)
(160,697)
For the period ending 28 February 2025 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 his 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 18 March 2025 and were signed on its behalf by
Lee Perry-Smith
Director
Company Registration No. 6821592
IR-ENTERTAINMENT LTD
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
IR-ENTERTAINMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 6821592. The registered office is THIRD FLOOR, KEMP HOUSE, 160 CITY ROAD, LONDON, GREATER LONDON, EC1V 2NX, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
10% straight line
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 29 February 2024
32,769
At 28 February 2025
32,769
At 29 February 2024
17,961
Charge for the period
3,276
At 28 February 2025
21,237
At 28 February 2025
11,532
At 28 February 2024
14,808
IR-ENTERTAINMENT LTD
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 29 February 2024
33,975
1,490,226
14,645
13,611
1,552,457
Additions
1,149
94,397
-
604
96,150
At 28 February 2025
35,124
1,584,623
14,645
14,215
1,648,607
At 29 February 2024
9,597
1,026,806
13,180
10,472
1,060,055
Charge for the period
3,512
139,454
367
936
144,269
At 28 February 2025
13,109
1,166,260
13,547
11,408
1,204,324
At 28 February 2025
22,015
418,363
1,098
2,807
444,283
At 28 February 2024
24,378
463,420
1,465
3,139
492,402
Amounts falling due within one year
Trade debtors
15,000
1,200
Other debtors
7,689
17,689
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
68,637
60,888
Trade creditors
28,898
57,484
Taxes and social security
(8,623)
(5,316)
Loans from directors
515,075
168,671
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
153,360
212,716
Other creditors
79,286
180,416
9
Average number of employees
During the period the average number of employees was 1 (2024: 1).