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Registration number: 05840295

I V R (UK) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

I V R (UK) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 7

I V R (UK) Limited

Company Information

Directors | Mr GW Gatward Mr CJ Hoare

Registered office | Fawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

Accountants | Sterling Grove Accountants Limited Chartered Certified AccountantsFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

I V R (UK) Limited

(Registration number: 05840295)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 185 | 259
Current assets |  |  |
Debtors | 5 | 54,013 | 56,633
Cash at bank and in hand |  | 383,381 | 393,664
|  | 437,394 | 450,297
Creditors: Amounts falling due within one year | 6 | (80,820) | (185,919)
Net current assets |  | 356,574 | 264,378
Total assets less current liabilities |  | 356,759 | 264,637
Provisions for liabilities |  | - | (49)
Net assets |  | 356,759 | 264,588
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 356,758 | 264,587
Shareholders' funds |  | 356,759 | 264,588

For the financial 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.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

I V R (UK) Limited

(Registration number: 05840295)
Balance Sheet as at 30 June 2025

Approved and authorised by the Board on 29 January 2026 and signed on its behalf by:

......................................... Mr GW Gatward Director
......................................... Mr CJ Hoare Director

I V R (UK) Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Fawley House 2 Regatta Place
Marlow Road
Bourne End
Buckinghamshire
SL8 5TD
United Kingdom

These financial statements were authorised for issue by the Board on 29 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

I V R (UK) Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance
Computer equipment | 33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

I V R (UK) Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Plant and machinery £ | Total £
Cost or valuation
At 1 July 2024 | 17,009 | 1,530 | 18,539
At 30 June 2025 | 17,009 | 1,530 | 18,539
Depreciation
At 1 July 2024 | 16,836 | 1,444 | 18,280
Charge for the year | 57 | 17 | 74
At 30 June 2025 | 16,893 | 1,461 | 18,354
Carrying amount
At 30 June 2025 | 116 | 69 | 185
At 30 June 2024 | 173 | 86 | 259

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 31,422 | 34,594
Prepayments | 14,191 | 13,639
Other debtors | 8,400 | 8,400
| 54,013 | 56,633

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 6,573 | 7,110
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 7 | 23,065 | 147,141
Taxation and social security |  | 36,032 | 29,818
Accruals and deferred income |  | 15,150 | 1,850
|  | 80,820 | 185,919

I V R (UK) Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

7 | Related party transactions

Summary of transactions with parent

The ultimate parent company is The Institute of Vehicle Recovery, registration number 01841644, a company registered in England and limited by guarantee.
Registered Office: Fawley House, 2 Regatta Place, Marlow Road, Bourne End, Bucks, SL8 5TD The company was charged management charges totalling £81,000 (2024 £96,000) by its holding company. As at 30 June 2025 the balance due to the holding company was £19,168 (2024 £133,913).

Summary of transactions with associates

The company was invoiced £91,792 (2024 £91,112) by an associate company, IVR Training Services Limited during the year. The company also invoiced its associate company IVR Training Services Limited £5,876 (2024 £4,689) during the year. As at 30 June 2025 the company owed £3,897 (2024 ( £13,229)) to IVR Training Services Limited.