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Company Registration No. 16123793 (England and Wales)
IAR Capital Ltd Unaudited accounts for the year ended 31 December 2025
IAR Capital Ltd Statement of financial position as at 31 December 2025
2025
Notes
£
Fixed assets
Tangible assets
4
1,794
Current assets
Cash at bank and in hand
66,752
Creditors: amounts falling due within one year
(16,822)
Net current assets
49,930
Net assets
51,724
Capital and reserves
Called up share capital
1
Profit and loss account
51,723
Shareholders' funds
51,724
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 March 2026 and were signed on its behalf by
Mr. Ilyas Bin Abdul Razak Director Company Registration No. 16123793
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IAR Capital Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
IAR Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 16123793. The registered office is 36 Harold Street, Caerdydd, CF24 1PA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2025
-
Additions
2,392
At 31 December 2025
2,392
Depreciation
Charge for the year
598
At 31 December 2025
598
Net book value
At 31 December 2025
1,794
5
Average number of employees
During the year the average number of employees was 1.
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