REGISTERED NUMBER: 04690100 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

IRM Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Caldecott

M C Caldecott

SECRETARY:

Mrs O E A Caldecott

REGISTERED OFFICE:

Units 1 & 2 Armstrong Way

Armstrong Way

Yate

Bristol

BS37 5NG

REGISTERED NUMBER:

04690100 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

300,000

300,000

CURRENT ASSETS

Cash at bank

1,269

1,875

CREDITORS

Amounts falling due within one year

5

16,020

14,215

NET CURRENT LIABILITIES

(14,751

)

(12,340

)

TOTAL ASSETS LESS CURRENT LIABILITIES

285,249

287,660

CREDITORS

Amounts falling due after more than one year

6

(108,625

)

(119,416

)

PROVISIONS FOR LIABILITIES

(26,664

)

(26,664

)

NET ASSETS

149,960

141,580

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

79,992

79,992

Retained earnings

69,966

61,586

SHAREHOLDERS' FUNDS

149,960

141,580

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

M C Caldecott - Director

1.	STATUTORY INFORMATION

IRM Properties 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 June 2024

and 31 May 2025

300,000

NET BOOK VALUE

At 31 May 2025

300,000

At 31 May 2024

300,000

Cost or valuation at 31 May 2025 is represented by:

Freehold

property

£

Valuation in 2018

36,656

Valuation in 2021

70,000

Cost

193,344

300,000

If the freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

193,344

193,344

The freehold property was valued on an open market basis on 16 September 2020 by ETP. .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

12,920

12,905

Trade creditors

1,500

-

Taxation and social security

350

60

Other creditors

1,250

1,250

16,020

14,215

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

12,701

Amounts owed to group undertakings

108,625

106,715

108,625

119,416

7.

RESERVES

Revaluation

reserve

£

At 1 June 2024

and 31 May 2025

79,992

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Loans to directors are unsecured, interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year the company received rental income of £12,000 (2024 £12,000), from IRM Bristol Limited.

M C Caldecott and A P Caldecott, both directors of IRM Properties Limited, are also directors of both IRM Mobility Limited and IRM Bristol Limited.