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Company Registration No. 04730952 (England and Wales)
IFA.1 LTD Unaudited accounts for the year ended 30 June 2025
IFA.1 LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IFA.1 LTD Company Information for the year ended 30 June 2025
Director
MARCUS J REILLY
Company Number
04730952 (England and Wales)
Registered Office
25 HAILEYBURY ROAD WEST BRIDGFORD NOTTINGHAM NG2 7BE ENGLAND
Accountants
ROCKET BUSINESS SERVICES LTD 8 TEWKESBURY ROAD LONG EATON NOTTINGHAM NOTTS NG10 1PP
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IFA.1 LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
4,125
3,649
Current assets
Cash at bank and in hand
56,192
45,780
Creditors: amounts falling due within one year
6
(13,126)
(7,735)
Net current assets
43,066
38,045
Total assets less current liabilities
47,191
41,694
Provisions for liabilities
Deferred tax
(784)
(693)
Net assets
46,407
41,001
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss account
45,407
40,001
Shareholders' funds
46,407
41,001
For the year ending 30 June 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 13 November 2025 and were signed on its behalf by
MARCUS J REILLY Director Company Registration No. 04730952
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IFA.1 LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
IFA.1 LTD is a private company, limited by shares, registered in England and Wales, registration number 04730952. The registered office is 25 HAILEYBURY ROAD, WEST BRIDGFORD, NOTTINGHAM, NG2 7BE, 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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
15% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2024
40,000
At 30 June 2025
40,000
Amortisation
At 1 July 2024
40,000
At 30 June 2025
40,000
Net book value
At 30 June 2025
-
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IFA.1 LTD Notes to the Accounts for the year ended 30 June 2025
5
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 July 2024
16,429
Additions
1,249
At 30 June 2025
17,678
Depreciation
At 1 July 2024
12,780
Charge for the year
773
At 30 June 2025
13,553
Net book value
At 30 June 2025
4,125
At 30 June 2024
3,649
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
11,682
6,423
Other creditors
392
293
Accruals
1,052
1,019
13,126
7,735
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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