IRIS Accounts Production v26.1.0.640 04505441 Board of Directors 1.1.25 31.12.25 31.12.25 26/3/2026 false true false false true true true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04505441 2024-12-31 04505441 2025-12-31 04505441 2025-01-01 2025-12-31 04505441 2023-12-31 04505441 2024-01-01 2024-12-31 04505441 2024-12-31 04505441 ns15:EnglandWales 2025-01-01 2025-12-31 04505441 ns14:PoundSterling 2025-01-01 2025-12-31 04505441 ns10:Director1 2025-01-01 2025-12-31 04505441 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04505441 ns10:SmallEntities 2025-01-01 2025-12-31 04505441 ns10:Audited 2025-01-01 2025-12-31 04505441 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 04505441 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04505441 ns10:FullAccounts 2025-01-01 2025-12-31 04505441 ns10:Director2 2025-01-01 2025-12-31 04505441 ns10:Director3 2025-01-01 2025-12-31 04505441 ns10:Director4 2025-01-01 2025-12-31 04505441 ns10:RegisteredOffice 2025-01-01 2025-12-31 04505441 ns5:CurrentFinancialInstruments 2025-12-31 04505441 ns5:CurrentFinancialInstruments 2024-12-31 04505441 ns5:ShareCapital 2025-12-31 04505441 ns5:ShareCapital 2024-12-31 04505441 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 04505441 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 04505441 ns5:FurnitureFittings 2025-01-01 2025-12-31 04505441 ns5:ComputerEquipment 2025-01-01 2025-12-31 04505441 ns5:FurnitureFittings 2024-12-31 04505441 ns5:ComputerEquipment 2024-12-31 04505441 ns5:FurnitureFittings 2025-12-31 04505441 ns5:ComputerEquipment 2025-12-31 04505441 ns5:FurnitureFittings 2024-12-31 04505441 ns5:ComputerEquipment 2024-12-31 04505441 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 04505441 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31

REGISTERED NUMBER: 04505441 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

I. K. A. (U.K.) LIMITED

| I. K. A. (U.K.) LIMITED (REGISTERED NUMBER: 04505441) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| I. K. A. (U.K.) LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST DECEMBER 2025

| DIRECTORS: | Mr J A Day

| Mr T Hillen

| Mag Ing A A Hofer

| Dr T Seibel

| REGISTERED OFFICE: | C/o Sanders Swinbank Ltd

| 1st Floor, North Point

| Faverdale North

| Darlington

| Co. Durham

| DL3 0PH

| REGISTERED NUMBER: | 04505441 (England and Wales)

| AUDITORS: | Just Audit Limited

| Chartered Accountants and Statutory Auditors

| Strelley Hall

| Strelley

| Nottingham

| Nottinghamshire

| NG8 6PE

| I. K. A. (U.K.) LIMITED (REGISTERED NUMBER: 04505441) |

BALANCE SHEET

31ST DECEMBER 2025

2025 | 2024 |

| Notes | £ | £

CURRENT ASSETS

Debtors | 5 | 198,459 |  | 125,196 |  |

Cash at bank | 20,759 |  | 57,702 |  |

219,218 |  | 182,898 |  |

CREDITORS

Amounts falling due within one year | 6 | 176,968 |  | 59,281 |  |

NET CURRENT ASSETS | 42,250 |  | 123,617 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 42,250 |  | 123,617 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 42,150 |  | 123,517 |  |

SHAREHOLDERS' FUNDS | 42,250 |  | 123,617 |  |

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2026 and were signed on its behalf by:

Mr J A Day - Director

| I. K. A. (U.K.) LIMITED (REGISTERED NUMBER: 04505441) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

1. | STATUTORY INFORMATION

| I.K.A. (U.K.) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04505441 and its registered office address is C/o Sanders Swinbank Ltd, 1st Floor, North Point, Faverdale North, Darlington, Co. Durham, DL3 0PH.

| The presentation currency is Pound Sterling.

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.

| Going concern

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future due to the fact that the company has the continued support of the group. The directors have been given assurance that this support will continue for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Turnover

| Turnover represents commissions receivable and costs recharged, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Fixtures and fittings | - | 20% on cost

| Computer equipment | - | 33% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings 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.

| I. K. A. (U.K.) LIMITED (REGISTERED NUMBER: 04505441) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

Fixtures |

and | Computer |

fittings | equipment | Totals |

| £ | £ | £

| COST

| At 1st January 2025

| and 31st December 2025 | 7,439 |  | 7,921 |  | 15,360 |  |

| DEPRECIATION

| At 1st January 2025

| and 31st December 2025 | 7,439 |  | 7,921 |  | 15,360 |  |

| NET BOOK VALUE

| At 31st December 2025 | - |  | - |  | - |  |

| At 31st December 2024 | - |  | - |  | - |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Amounts owed by group undertakings | 192,274 |  | 118,542 |  |

| VAT | 1,688 |  | 1,710 |  |

| Prepayments and accrued income | 4,497 |  | 4,944 |  |

198,459 |  | 125,196 |  |

| I. K. A. (U.K.) LIMITED (REGISTERED NUMBER: 04505441) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade creditors | 3,755 |  | 2,627 |  |

| Taxation and social security | 9,447 |  | 8,249 |  |

| Other creditors | 163,766 |  | 48,405 |  |

176,968 |  | 59,281 |  |

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

| The Report of the Auditors was unqualified.

| Rachel Davis BA FCA (Senior Statutory Auditor)

| for and on behalf of Just Audit Limited

8. | OTHER FINANCIAL COMMITMENTS

| At 31 December 2025 the company was committed to making payments under non-cancellable operating leases in the year to 31 December 2026 of £16,181 (2024: £13,925).

| The amount payable between one and five years is £19,081 (2024: £3,380).

9. | ULTIMATE CONTROLLING PARTY

| IKA (UK) Limited is a wholly owned subsidiary of IKA Innovative Kunststoffaufbereitung GmbH & Co.KG, registered office address ChemiePark Bitterfeld Wolfen, Filmstraße 4, 06766 Bitterfeld-Wolfen, Germany.

| The parent company of the smallest group into which IKA (UK) Limited is consolidated is IKA Beteiligung und Management GmbH. The registered office of the company is Filmstraße 4, Area A, 06766 Bitterfeld-Wolfen, Germany.

| The IKA group is owned by a consortium of industry experts and institutional investors, the largest of which is Invest AG, a private equity fund.