Company registration number 08757165 (England and Wales)
IV PLATFORM LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
IV PLATFORM LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
IV PLATFORM LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
953
1,510
Current assets
Debtors
4
18,837
4,393
Cash at bank and in hand
32,173
16,956
51,010
21,349
Creditors: amounts falling due within one year
5
(76,909)
(109,520)
Net current liabilities
(25,899)
(88,171)
Net liabilities
(24,946)
(86,661)
Capital and reserves
Called up share capital
6
80
80
Profit and loss reserves
(25,026)
(86,741)
Total equity
(24,946)
(86,661)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 17 February 2026
C J Underhill
Director
Company registration number 08757165 (England and Wales)
IV PLATFORM LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

IV Platform Limited is a private company limited by shares incorporated in England and Wales. The registered office is 82 St John Street, London, EC1M 4JN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

As at the balance sheet date, the financial statements show that the company has liabilities in excess of assets of £24,946 (2024: £86,661) as a result of losses made to date. The financial statements have been prepared on a going concern basis as the director has confirmed that he will continue to support the company for the foreseeable future and meet the excess liabilities if the company is unable to do so.

1.3
Turnover

Turnover represents the amounts derived from provision of services which fall within the company's principal activity, stated net of value added tax. Turnover from rendering of services is recognised when services are rendered, no matter when cash is received.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
25% on cost
Computer equipment
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand and deposits held at call with banks.

IV PLATFORM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

IV PLATFORM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
Cost
At 1 November 2024 and 31 October 2025
436
1,791
2,227
Depreciation and impairment
At 1 November 2024
82
635
717
Depreciation charged in the year
109
448
557
At 31 October 2025
191
1,083
1,274
Carrying amount
At 31 October 2025
245
708
953
At 31 October 2024
354
1,156
1,510
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
18,683
4,243
Other debtors
154
150
18,837
4,393
IV PLATFORM LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
20,207
11,498
Other taxation and social security
6,091
2,796
Other creditors
50,611
95,226
76,909
109,520
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
8,000
8,000
80
80
7
Related party transactions

Other creditors include an amount of £48,010 (202 4: £92,675) the company owed to the director. The loans are interest free and repayable on demand.

2025-10-31 2024-11-01 false false false 17 February 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity C Underhill 08757165 2024-11-01 2025-10-31 08757165 2025-10-31 08757165 2024-10-31 08757165 core:FurnitureFittings 2025-10-31 08757165 core:ComputerEquipment 2025-10-31 08757165 core:FurnitureFittings 2024-10-31 08757165 core:ComputerEquipment 2024-10-31 08757165 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 08757165 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 08757165 core:CurrentFinancialInstruments 2025-10-31 08757165 core:CurrentFinancialInstruments 2024-10-31 08757165 core:ShareCapital 2025-10-31 08757165 core:ShareCapital 2024-10-31 08757165 core:RetainedEarningsAccumulatedLosses 2025-10-31 08757165 core:RetainedEarningsAccumulatedLosses 2024-10-31 08757165 core:ShareCapitalOrdinaryShareClass1 2025-10-31 08757165 core:ShareCapitalOrdinaryShareClass1 2024-10-31 08757165 bus:Director1 2024-11-01 2025-10-31 08757165 core:FurnitureFittings 2024-11-01 2025-10-31 08757165 core:ComputerEquipment 2024-11-01 2025-10-31 08757165 2023-11-01 2024-10-31 08757165 core:FurnitureFittings 2024-10-31 08757165 core:ComputerEquipment 2024-10-31 08757165 2024-10-31 08757165 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 08757165 bus:OrdinaryShareClass1 2025-10-31 08757165 bus:OrdinaryShareClass1 2024-10-31 08757165 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08757165 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08757165 bus:FRS102 2024-11-01 2025-10-31 08757165 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 08757165 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP