Company Registration No. 07975589 (England and Wales)
IALR Engineering Limited
Unaudited accounts
for the year ended 31 March 2026
IALR Engineering Limited
Unaudited accounts
Contents
IALR Engineering Limited
Company Information
for the year ended 31 March 2026
Directors
Ben Tuttiett
Carolyn Lowe
Company Number
07975589 (England and Wales)
Registered Office
49 Trescobeas Road
Falmouth
Cornwall
TR11 2JF
Accountants
Carolyn Lowe
Biglin Lowe Accountants Ltd
Bosnoweth
Budock Water
Cornwall
TR11 5PE
IALR Engineering Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
13,631
2,055
Creditors: amounts falling due within one year
(15,082)
(13,257)
Net current assets
14,048
9,314
Called up share capital
10
10
Profit and loss account
14,388
9,909
Shareholders' funds
14,398
9,919
For the year ending 31 March 2026 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by
Ben Tuttiett
Director
Company Registration No. 07975589
IALR Engineering Limited
Notes to the Accounts
for the year ended 31 March 2026
IALR Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 07975589. The registered office is 49 Trescobeas Road, Falmouth, Cornwall, TR11 2JF.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
1,779
356
2,135
Disposals
(1,041)
-
(1,041)
At 31 March 2026
738
356
1,094
At 1 April 2025
1,336
194
1,530
Charge for the year
76
40
116
At 31 March 2026
510
234
744
At 31 March 2026
228
122
350
At 31 March 2025
443
162
605
IALR Engineering Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
15,390
20,375
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
14,472
12,823
Loans from directors
594
417
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).