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Company Registration No. 07975589 (England and Wales)
IALR Engineering Limited Unaudited accounts for the year ended 31 March 2025
IALR Engineering Limited Unaudited accounts Contents
Page
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IALR Engineering Limited Company Information for the year ended 31 March 2025
Directors
Ben Tuttiett Carolyn Lowe
Secretary
Carolyn Lowe
Company Number
07975589 (England and Wales)
Registered Office
49 Trescobeas Road Falmouth Cornwall TR11 2JF
Accountants
Carolyn Lowe Biglin Lowe Accountants Ltd Bosnoweth Budock Water Cornwall TR11 5PE
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IALR Engineering Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
605 
813 
Current assets
Debtors
20,516 
6,548 
Cash at bank and in hand
2,055 
15,067 
22,571 
21,615 
Creditors: amounts falling due within one year
(13,257)
(11,984)
Net current assets
9,314 
9,631 
Net assets
9,919 
10,444 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
9,909 
10,434 
Shareholders' funds
9,919 
10,444 
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by
Ben Tuttiett Director Company Registration No. 07975589
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IALR Engineering Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
IALR Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 07975589. The registered office is 49 Trescobeas Road, Falmouth, Cornwall, TR11 2JF.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
2,014 
356 
2,370 
Disposals
(235)
- 
(235)
At 31 March 2025
1,779 
356 
2,135 
Depreciation
At 1 April 2024
1,416 
141 
1,557 
Charge for the year
148 
53 
201 
On disposals
(228)
- 
(228)
At 31 March 2025
1,336 
194 
1,530 
Net book value
At 31 March 2025
443 
162 
605 
At 31 March 2024
598 
215 
813 
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IALR Engineering Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
26 
193 
Trade debtors
20,375 
6,200 
Deferred tax asset
115 
155 
20,516 
6,548 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
117 
Taxes and social security
12,823 
8,955 
Loans from directors
417 
2,912 
Accruals
17 
- 
13,257 
11,984 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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