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Registered number: 11455688
IP4 Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
IP4 Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
IP4 Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 11455688

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 244
Investment Properties | 5 |  | 2,250,000 |  | 2,010,000
|  |  | 2,250,000 |  | 2,010,244
CURRENT ASSETS
Debtors | 6 | 437,814 |  | 423,146 |
Cash at bank and in hand |  | 35,115 |  | 87,084 |
|  | 472,929 |  | 510,230 |
Creditors: Amounts Falling Due Within One Year | 7 | (320,788 ) |  | (371,085 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 152,141 |  | 139,145
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,402,141 |  | 2,149,389
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,024,549 ) |  | (1,063,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (215,814 ) |  | (155,875 )
NET ASSETS |  |  | 1,161,778 |  | 929,681
CAPITAL AND RESERVES
Called up share capital | 11 |  | 120 |  | 120
Revaluation reserve |  |  | 647,442 |  | 504,837
Profit and Loss Account |  |  | 514,216 |  | 424,724
SHAREHOLDERS' FUNDS |  |  | 1,161,778 |  | 929,681

Page 1
Page 2
IP4 Limited
Balance Sheet (continued)
As At 30 June 2025
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr A R Hems Director
8 January 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
IP4 Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
IP4 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11455688 . The registered office is Gibson House Hurricane Court, Hurricane Close, Stafford, ST16 1GZ.
2. Accounting Policies
2.1. Basis of Preparation of 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.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Rental income
Rental Income from operating leases (net of any incentives given to the lessees) is recognised on a straightline basis over the lease term.
Interest receivable
Interest income is recognised using the effective interest method as the company's right to receive payment is established.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Computer Equipment | Straight line over 3 years

2.4. Investment Properties
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.
Page 3
Page 4
IP4 Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.7. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost or Valuation
As at 1 July 2024 | 1,415
As at 30 June 2025 | 1,415
Depreciation
As at 1 July 2024 | 1,171
Provided during the period | 244
As at 30 June 2025 | 1,415
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | 244

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 July 2024 | 2,010,000
Revaluations | 240,000
As at 30 June 2025 | 2,250,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 1,386,745 |  | 1,386,745

Investment property was valued on an open market basis on 30 June 2025 by the director.
Page 4
Page 5
IP4 Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 47,471 |  | 31,329
Prepayments and accrued income | 5,396 |  | 5,070
Other debtors | 1,647 |  | 1,647
| 54,514 |  | 38,046
Due after more than one year
Other debtors | 383,300 |  | 385,100
| 437,814 |  | 423,146

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 1,695 |  | 2,039
Bank loans and overdrafts | 41,300 |  | 40,006
Corporation tax | 29,903 |  | 21,556
VAT | 18,744 |  | 9,034
Other creditors | 144,966 |  | 149,966
Accruals and deferred income | 75,934 |  | 70,238
Director's loan account | 8,246 |  | 78,246
| 320,788 |  | 371,085

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,024,549 |  | 1,063,833

9. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,065,849 |  | 1,103,839

Bank loans are secured against the property Telford Court, 9 South Avenue, Clydebank Business Park, Clydebank G81 2NR.
10. Loans
An analysis of the maturity of loans is given below:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts falling due within one year or on demand:
Bank loans | 41,300 |  | 40,006

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts falling due between one and five years:
Bank loans | 1,024,549 |  | 1,063,833

Page 5
Page 6
IP4 Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary A shares of £ 1.00 each | 100 |  | 100
10 Ordinary B shares of £ 1.00 each | 10 |  | 10
10 Ordinary C shares of £ 1.00 each | 10 |  | 10
| 120 |  | 120

12. Related Party Disclosures
Included in the other debtors balance is a balance owed from UK Hire Group. Adam Hems is the controlling shareholder of this company. The balance owed as at the 30 June 2025 is £223,300 (2024 - £225,100).
Included in the other debtors balance is a balance owed from JPS Platforms Ltd . UK Hire Group is the shareholder of this company. The balance owed as at the 30 June 2025 is £160,000 (2024 - £160,000).
Page 6