REGISTERED NUMBER: 03613839 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

INTERNATIONAL ORGANISATION DEVELOPMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Keen

S E Watson

M T Crump

E Mitchell Packington

N Abdelkhaliq Zamora

E J McCormick

H K Dinsmore

REGISTERED OFFICE:

Omega Court

362 Cemetery Road

Sheffield

Yorkshire

S11 8FT

REGISTERED NUMBER:

03613839 (England and Wales)

AUDITORS:

E R Grove & Co Limited

Chartered Accountants and Statutory Auditors

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,012,386

1,048,249

Investments

6

5,737

5,737

1,018,123

1,053,986

CURRENT ASSETS

Debtors

7

819,990

1,408,512

Cash at bank and in hand

208,512

245,612

1,028,502

1,654,124

CREDITORS

Amounts falling due within one year

8

1,200,210

1,575,560

NET CURRENT (LIABILITIES)/ASSETS

(171,708

)

78,564

TOTAL ASSETS LESS CURRENT LIABILITIES

846,415

1,132,550

CREDITORS

Amounts falling due after more than one year

9

(519,682

)

(680,872

)

PROVISIONS FOR LIABILITIES

(19,587

)

(25,909

)

NET ASSETS

307,146

425,769

CAPITAL AND RESERVES

Called up share capital

863

863

Capital redemption reserve

12

137

137

Retained earnings

12

306,146

424,769

SHAREHOLDERS' FUNDS

15

307,146

425,769

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by:

S E Watson - Director

1.	STATUTORY INFORMATION

International Organisation Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Preparation of consolidated financial statements

The financial statements contain information about International Organisation Development Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. In respect of long-term contracts and contracts for on-going services, turnover is recognised by reference to the stage of completion and when a right to consideration exists. Stage of completion is measured with reference to the work completed on the contracts. Work in progress is included within Trade Debtors and Payments in Advance are included in Other Creditors.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

1% on cost

Long leasehold

-

1% on cost

Fixtures and fittings

-

25% on reducing balance and 10% on cost

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2024 - 57 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

23,000

AMORTISATION

At 1 May 2024

and 30 April 2025

23,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

Computer

property

leasehold

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

607,020

451,157

118,303

92,240

1,268,720

Additions

-

-

-

838

838

At 30 April 2025

607,020

451,157

118,303

93,078

1,269,558

DEPRECIATION

At 1 May 2024

44,009

69,554

50,159

56,749

220,471

Charge for year

6,070

4,512

17,036

9,083

36,701

At 30 April 2025

50,079

74,066

67,195

65,832

257,172

NET BOOK VALUE

At 30 April 2025

556,941

377,091

51,108

27,246

1,012,386

At 30 April 2024

563,011

381,603

68,144

35,491

1,048,249

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

and

fittings

£

COST

At 1 May 2024

and 30 April 2025

62,355

DEPRECIATION

At 1 May 2024

20,265

Charge for year

10,523

At 30 April 2025

30,788

NET BOOK VALUE

At 30 April 2025

31,567

At 30 April 2024

42,090

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

5,737

NET BOOK VALUE

At 30 April 2025

5,737

At 30 April 2024

5,737

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Consultancy Works Limited

Registered office:

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

IOD PARC Australasia Pty Ltd

Registered office: Australia

Nature of business: Consultancy

%

Class of shares:

holding

Ordinary

100.00

IOD PARC Limited

Registered office: Malawi

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

99.98

IOD PARC Europe Limited

Registered office: Ireland

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

755,634

1,276,493

Amounts owed by group undertakings

-

83,491

Other debtors

64,356

48,528

819,990

1,408,512

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

282,651

138,617

Hire purchase contracts (see note 10)

11,224

11,224

Trade creditors

330,891

538,352

Amounts owed to group undertakings

55,617

103

Taxation and social security

112,124

196,208

Other creditors

407,703

691,056

1,200,210

1,575,560

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

501,911

651,877

Hire purchase contracts (see note 10)

17,771

28,995

519,682

680,872

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

317,287

364,778

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Gross obligations repayable:

Within one year

14,254

14,254

Between one and five years

22,568

36,822

36,822

51,076

Finance charges repayable:

Within one year

3,030

3,030

Between one and five years

4,797

7,827

7,827

10,857

Net obligations repayable:

Within one year

11,224

11,224

Between one and five years

17,771

28,995

28,995

40,219

Non-cancellable

operating leases

2025

2024

£

£

Within one year

2,003

2,410

Between one and five years

4,063

-

6,066

2,410

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

132,666

-

Bank loans

651,896

790,494

784,562

790,494

The bank loan and overdraft are secured by fixed and floating charges over the company's assets.

12.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 May 2024

424,769

137

424,906

Deficit for the year

(45,183

)

(45,183

)

Capital contribution to EOT

(73,440

)

-

(73,440

)

At 30 April 2025

306,146

137

306,283

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Jonathan Stafford FCA (Senior Statutory Auditor)

for and on behalf of E R Grove & Co Limited

14.	RELATED PARTY DISCLOSURES

On 31 August 2021, the company's employee ownership trust (EOT) acquired shares in the company and holds them in a trust for employees. During 2025, £73,440 (2024: £97,970) was gifted to the EOT from the company.

15.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

2025

2024

£

£

(Loss)/profit for the financial year

(45,183

)

15,851

Capital contribution to EOT

(73,440

)

(97,920

)

Net reduction of shareholders' funds

(118,623

)

(82,069

)

Opening shareholders' funds

425,769

507,838

Closing shareholders' funds

307,146

425,769