Inisfree Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07718823

Inisfree Investments Limited

Filleted Unaudited Financial Statements

31 July 2025

Inisfree Investments Limited

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Investments	4		51,239	155,919

Current assets

Debtors	5	17,723	1,879
Cash at bank and in hand		7,415	14,718
		--------	--------
		25,138	16,597

Creditors: amounts falling due within one year	6	278,842		351,859
		---------		---------
Net current liabilities			253,704	335,262
			---------	---------
Total assets less current liabilities			( 202,465)	( 179,343)
			---------	---------
Net liabilities			( 202,465)	( 179,343)
			---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 202,467)	( 179,345)
	---------	---------
Shareholders deficit	( 202,465)	( 179,343)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Inisfree Investments Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 22 April 2026 , and are signed on behalf of the board by:

W Harrington

Director

Company registration number: 07718823

Inisfree Investments Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Leaman Mattei, Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have confirmed they will continue supporting the company for the forseeable future and they will not seek repayment of the amounts due to them until such time the company is in a position to do so.

Revenue recognition

Turnover represents income earned on investments held. Dividends are recognised in the period in which they are received.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Investments

	Other investments other than loans
	£
Cost or valuation
At 1 August 2024	478,984
Disposals	( 127,622)
	---------
At 31 July 2025	351,362
	---------
Impairment
At 1 August 2024	323,065
Disposals	( 74,181)
Impairment losses	51,239
	---------
At 31 July 2025	300,123
	---------

Carrying amount
At 31 July 2025	51,239
	---------
At 31 July 2024	155,919
	---------

5. Debtors

	2025	2024
	£	£
Other debtors	17,723	1,879
	--------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	278,842	351,859
	---------	---------

7. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs B Harrington	( 172,995)	35,021	( 96)	( 138,070)
W Harrington	( 172,996)	35,020	( 96)	( 138,072)
	---------	--------	----	---------
	( 345,991)	70,041	( 192)	( 276,142)
	---------	--------	----	---------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs B Harrington	( 179,742)	7,012	( 266)	(172,996)
W Harrington	( 179,741)	7,011	( 265)	(172,995)
	---------	--------	----	---------
	( 359,483)	14,023	( 531)	( 345,991)
	---------	--------	----	---------