REGISTERED NUMBER: 04027516 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Iocea.com Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G J Billson

SECRETARY:

G J Billson

REGISTERED OFFICE:

Unit 5

Saxilby Enterprise Park

Skellingthorpe Road

Saxilby

Lincolnshire

LN1 2LR

REGISTERED NUMBER:

04027516 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

FIXED ASSETS

Intangible assets

4

323,496

343,925

Tangible assets

5

73,687

96,447

397,183

440,372

CURRENT ASSETS

Debtors

6

152,317

150,457

Cash at bank and in hand

225,089

168,876

377,406

319,333

CREDITORS

Amounts falling due within one year

7

195,131

236,826

NET CURRENT ASSETS

182,275

82,507

TOTAL ASSETS LESS CURRENT LIABILITIES

579,458

522,879

CREDITORS

Amounts falling due after more than one year

8

(166,128

)

(75,276

)

PROVISIONS FOR LIABILITIES

11

(15,079

)

(18,056

)

NET ASSETS

398,251

429,547

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

12

1,000

1,000

Retained earnings

12

396,251

427,547

SHAREHOLDERS' FUNDS

398,251

429,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2026 and were signed by:

G J Billson - Director

1.	STATUTORY INFORMATION

Iocea.com Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment costs.

Patents and licences

Patents and licences are measured at cost and are not being amortised.

Research and development

Research and development costs are measured on the basis of time spent and resources expended. Research and development is recognised as an expense when it is incurred, with the exception of expenditure relating to development projects which are expected to generate future economic benefits where the expenditure is capitalised. Capitalised research and development is written off over the expected economic return of the assets to which it relates. The rates applied are straight line over 10 years for years prior to 2014 and straight line over 15 years for the 2015 year onwards.

Amortisation is not provided for until the project goes live.

Development projects are reviewed on an annual basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 14 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Development

licences

costs

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

1,043

527,940

528,983

AMORTISATION

At 1 August 2024

-

185,058

185,058

Amortisation for year

-

20,429

20,429

At 31 July 2025

-

205,487

205,487

NET BOOK VALUE

At 31 July 2025

1,043

322,453

323,496

At 31 July 2024

1,043

342,882

343,925

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

7,572

108,920

134,277

99,120

349,889

Additions

-

1,512

-

3,274

4,786

At 31 July 2025

7,572

110,432

134,277

102,394

354,675

DEPRECIATION

At 1 August 2024

7,414

107,295

45,151

93,582

253,442

Charge for year

40

470

23,877

3,159

27,546

At 31 July 2025

7,454

107,765

69,028

96,741

280,988

NET BOOK VALUE

At 31 July 2025

118

2,667

65,249

5,653

73,687

At 31 July 2024

158

1,625

89,126

5,538

96,447

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

134,277

5,426

139,703

Additions

-

2,995

2,995

At 31 July 2025

134,277

8,421

142,698

DEPRECIATION

At 1 August 2024

45,151

904

46,055

Charge for year

23,877

2,558

26,435

At 31 July 2025

69,028

3,462

72,490

NET BOOK VALUE

At 31 July 2025

65,249

4,959

70,208

At 31 July 2024

89,126

4,522

93,648

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

57,115

55,281

Other debtors

1,216

216

Directors' current accounts

76,402

80,573

Prepayments

17,584

14,387

152,317

150,457

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans

25,309

-

Hire purchase contracts (see note 9)

29,161

28,162

Trade creditors

17,583

19,429

Company credit card

1,250

1,036

Corporation tax

18,520

19,069

Social security and other taxes

8,846

6,694

VAT

40,712

49,396

Pension creditor

1,500

-

Accruals and deferred income

52,250

113,040

195,131

236,826

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Other loans - 1-2 years

29,815

-

Other loans - 2-5 years

87,952

-

Hire purchase contracts (see note 9)

48,361

75,276

166,128

75,276

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.7.25

31.7.24

£

£

Net obligations repayable:

Within one year

29,161

28,162

Between one and five years

48,361

75,276

77,522

103,438

Non-cancellable

operating leases

31.7.25

31.7.24

£

£

Within one year

18,000

18,000

Between one and five years

16,500

34,500

34,500

52,500

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Hire purchase contracts

77,522

103,438

11.	PROVISIONS FOR LIABILITIES

31.7.25

31.7.24

£

£

Deferred tax

15,079

18,056

Deferred

tax

£

Balance at 1 August 2024

18,056

Credit to Income Statement during year

(2,977

)

Balance at 31 July 2025

15,079

12.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 August 2024

427,547

1,000

428,547

Profit for the year

71,148

71,148

Dividends

(102,444

)

(102,444

)

At 31 July 2025

396,251

1,000

397,251

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

£

G J Billson

Balance outstanding at start of year

80,573

-

Amounts advanced

76,402

80,573

Amounts repaid

(80,573

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

76,402

80,573

The above loan was repaid in full on 28th February 2026.