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Company Registration No. 15218003 (England and Wales)
IR ENERGY LTD
Financial Statements
for the Period from 01 November 2024 to 31 October 2025

IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Company Information

Company Details
Company Number 15218003
Registered Office UNIT 9 PAISLEY BUSINESS PARK
PANT INDUSTRIAL ESTATE
CF48 2AX
Directors
Directors who held office during the period were:
Ryan David MORGAN   
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Statement of Financial Position

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Notes 2025
£ £
Fixed Assets
Intangible assets 5 187,000 -
Tangible assets 6 107,003 -
Investments 7 91,230 -
Current Assets
Stocks 47,300 -
Debtors due 27,500 -
Cash at bank and in hand 103,000 -
177,800 -
Creditors
Amount falling due within one year (77,500) -
Net Current Assets 100,300 -
Total Assets less current liabilities 485,533 -
Creditors due after more than one year (88,000) -
Net Assets 397,533 -
Capital and Reserves
Called up Share Capital 3 -
Retained earnings at end of year 397,530 -
Shareholder funds 397,533 -
For the year ending 31/10/2025 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 25 November 2025
Ryan Morgan
Company Registration No. 15218003
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

1. Statutory Information
IR ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 15218003.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A applicable to small entities and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and on a going concern basis. The company has taken advantage of the exemption from audit under section 477 of the Companies Act 2006. The financial statements are presented in pounds sterling (£), which is the functional currency of the company.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the invoiced value of services provided by the company in the normal course of business, excluding value added tax and trade discounts. Revenue is recognised when the company has satisfied its contractual obligations and the related services have been delivered to the customer.
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost of each asset over its expected useful economic life on a straight-line basis.
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

Intangible Asset Policy
Intangible assets are recognised when it is probable that future economic benefits attributable to the asset will flow to the company and the cost can be measured reliably. Intangible assets are stated at cost less accumulated amortisation and any accumulated impairment losses. Amortisation is provided on a straight-line basis over the estimated useful economic life of the asset.Carbon credits owned by the company are recognised as intangible assets and represent verified environmental instruments held for strategic deployment, sustainability reporting and potential commercial utilisation. These assets are measured at cost and are subject to periodic review for impairment where indicators exist that the carrying value may not be fully recoverable.Other intangible assets may include proprietary systems, environmental methodologies, licences, digital platforms and internally developed intellectual property used in the delivery of the company's renewable energy and sustainability services. These assets are reviewed regularly to ensure their carrying value reflects their recoverable economic benefit to the company.
Stock
Stock is stated at the lower of cost and net realisable value. Cost includes all direct expenditure incurred in bringing the stock to its present location and condition. Net realisable value represents the estimated selling price in the ordinary course of business less any estimated costs of completion and selling expenses.
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 13
4. Principal Activity
IR Energy operates as a renewable energy and infrastructure services company specialising in energy efficiency solutions, low-carbon technologies, electrical installation services, and the development and implementation of sustainable energy systems across commercial and industrial sectors.
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

5. Intangible Assets
Other Total
Cost £ £
At 01/11/2024 - -
Additions 187,000 187,000
Disposals - -
Revaluations - -
At 31/10/2025 187,000 187,000
Amortisation
At 01/11/2024 - -
Charge for the Year - -
On Disposals - -
Other increases/(decreases) - -
At end of period - -
Net book value
At 31/10/2025 187,000 187,000
At - -
6. Fixed Assets
Motor Vehicles Total
Cost or valuation £ £
At 01/11/2024 - -
Additions 107,003 107,003
At 31/10/2025 107,003 107,003
Depreciation
At 01/11/2024 - -
Charge for the year - -
At 31/10/2025 - -
Net Book Value
At 31/10/2025 107,003 107,003
At - -
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IR ENERGY LTD

Financial Statements for the period ending 31 October 2025

Notes to the Accounts

7. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/11/2024 - - - -
Additions - 91,230 - 91,230
Disposals - - - -
Adjustments - - - -
Valuation at 31/10/2025 - 91,230 - 91,230
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