Iguazu Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04156563

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		996,667		996,667
Investments	5		1,000		1,000

			997,667		997,667
CURRENT ASSETS
Debtors	6	469,868		565,039
Cash at bank and in hand		69,776		120,011

		539,644		685,050
Creditors: Amounts Falling Due Within One Year	7	(393,164 )		(310,660 )

NET CURRENT ASSETS (LIABILITIES)			146,480		374,390

TOTAL ASSETS LESS CURRENT LIABILITIES			1,144,147		1,372,057

Creditors: Amounts Falling Due After More Than One Year	8		(508,122 )		(533,231 )

NET ASSETS			636,025		838,826

CAPITAL AND RESERVES
Called up share capital			5,000		5,000
Profit and Loss Account			631,025		833,826

SHAREHOLDERS' FUNDS			636,025		838,826

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Iguazu Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jason Cox

Director

29 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Iguazu Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 04156563 . The registered office is 86 - 90 Paul Street, London, England, EC2A 4NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property

Measured at fair value

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

Assets acquired under hire purchase contracts are depreciated over their useful lives.

Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.

Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Financial Instruments

Debtors and creditors which are due within one year are recorded at transaction price, less any impairment.

2.6. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Iguazu Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measure at cost and

subsequently measured at coast less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and

operating policies of the entity so as to obtain benefits from its activities.

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Iguazu Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

	2024	2023
Average number of employees, including directors, during the year	15	16

	15	16

4. Tangible Assets

	Land & Property
	Freehold property
	£
Cost
As at 1 January 2024	996,667

As at 31 December 2024	996,667

Net Book Value
As at 31 December 2024	996,667

As at 1 January 2024	996,667

The property at Shoreton Street has a fair value and cost value of £996,667. No valuation has ever been carried out on the property.

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2024	1,000

As at 31 December 2024	1,000

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1,000

As at 1 January 2024	1,000

Iguazu Capital Limited

The company holds 100% of the share capital in Iguazu Capital Limited.

Profit for the year: Nil

Capital and reserves: £1,000

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Iguazu Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	425,238	483,520
Other debtors	44,630	81,519

	469,868	565,039

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	66,022	91,793
Bank loans and overdrafts	24,611	24,352
Other creditors	252,125	157,762
Taxation and social security	50,406	36,753

	393,164	310,660

The bank loan is secured by a legal mortgage and fixed and floating charges on the company's assets.

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	508,122	533,231

The bank loan is secured by a legal mortgage and fixed and floating charges on the company's assets.

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2024		2023
	£		£
Bank loans	446,874		461,586

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