Irons Geophysical Consulting Limited


Directors	Christopher Irons
	Sharon Margaret Irons


Company Secretary	Sharon Margaret Irons


Registered Address	11 Crowsley Road, Shiplake
	Henley-On-Thames
	Oxfordshire
	RG9 3JU


Registered Number	05574769 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		-		5,000
			-		5,000
Current assets
Debtors		5,124		10,218
Cash at bank and on hand		224		219
		5,348		10,437
Creditors amounts falling due within one year	4	(4,241)		(14,085)
Net current assets (liabilities)			1,107		(3,648)
Total assets less current liabilities			1,107		1,352
Net assets			1,107		1,352
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			107		352
Shareholders' funds			1,107		1,352

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 November 2025, and are signed on its behalf by:

Christopher Irons
Director
Registered Company No. 05574769

Irons Geophysical Consulting Limited

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Goodwill arising in connection with the acquisition of the business is capitalised and ammortise dover its estimated economic life to a maximum of 20 years. Gooodwill is annually reviewed for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 October 24	20,000	20,000
At 30 September 25	20,000	20,000
Amortisation and impairment
At 01 October 24	15,000	15,000
Charge for year	5,000	5,000
At 30 September 25	20,000	20,000
Net book value
At 30 September 25	-	-
At 30 September 24	5,000	5,000

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	2,024	12,321
Other creditors	100	-
Accrued liabilities and deferred income	2,117	1,764
Total	4,241	14,085


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.