1 October 2024 false No description of principal activity Taxfiler 2024.6 14336140business:PrivateLimitedCompanyLtd2024-10-012025-09-30 143361402024-09-30 143361402024-10-012025-09-30 14336140business:AuditExemptWithAccountantsReport2024-10-012025-09-30 14336140business:FilletedAccounts2024-10-012025-09-30 143361402025-09-30 14336140business:Director12024-10-012025-09-30 14336140business:RegisteredOffice2024-10-012025-09-30 143361402024-09-30 14336140core:WithinOneYear2025-09-30 14336140core:WithinOneYear2024-09-30 14336140core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 14336140core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 14336140core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 14336140core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 14336140core:PreviouslyStatedAmount2025-09-30 14336140core:PreviouslyStatedAmount2024-09-30 14336140business:SmallEntities2024-10-012025-09-30 14336140countries:EnglandWales2024-10-012025-09-30 14336140core:PlantMachinery2024-10-012025-09-30 14336140core:PlantMachinery2024-09-30 14336140core:PlantMachinery2025-09-30 143361402023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 14336140 (England and Wales)
Island Retrofit Ltd Unaudited accounts for the year ended 30 September 2025
Island Retrofit Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Island Retrofit Ltd Company Information for the year ended 30 September 2025
Director
Colm Quentin Watling
Company Number
14336140 (England and Wales)
Registered Office
232, Cowes Business Centre Newport Road Cowes Isle of Wight PO31 8PE United Kingdom
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
- 3 -
Island Retrofit Ltd Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
13,870 
1,808 
Current assets
Debtors
5
997 
14,991 
Cash at bank and in hand
11,583 
17,259 
12,580 
32,250 
Creditors: amounts falling due within one year
6
(5,979)
(17,846)
Net current assets
6,601 
14,404 
Total assets less current liabilities
20,471 
16,212 
Provisions for liabilities
Deferred tax
(2,635)
- 
Net assets
17,836 
16,212 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
17,835 
16,211 
Shareholders' funds
17,836 
16,212 
For the year ending 30 September 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 November 2025 and were signed on its behalf by
Colm Quentin Watling Director Company Registration No. 14336140
- 4 -
Island Retrofit Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Island Retrofit Ltd is a private company, limited by shares, registered in England and Wales, registration number 14336140. The registered office is 232, Cowes Business Centre, Newport Road, Cowes, Isle of Wight, PO31 8PE, 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.
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
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2024
2,411 
Additions
14,758 
At 30 September 2025
17,169 
Depreciation
At 1 October 2024
603 
Charge for the year
2,696 
At 30 September 2025
3,299 
Net book value
At 30 September 2025
13,870 
At 30 September 2024
1,808 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
900 
14,991 
Other debtors
97 
- 
997 
14,991 
- 5 -
Island Retrofit Ltd Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
1,649 
9,669 
Trade creditors
1,440 
- 
Taxes and social security
- 
3,495 
Other creditors
1,595 
2,623 
Loans from directors
41 
500 
Accruals
1,254 
1,559 
5,979 
17,846 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -