IRIS Accounts Production v26.1.0.640 13040576 Board of Directors Board of Directors 1.4.25 31.3.26 31.3.26 0 0 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13040576 2025-03-31 13040576 2026-03-31 13040576 2025-04-01 2026-03-31 13040576 2024-03-31 13040576 2024-04-01 2025-03-31 13040576 2025-03-31 13040576 ns15:EnglandWales 2025-04-01 2026-03-31 13040576 ns14:PoundSterling 2025-04-01 2026-03-31 13040576 ns10:Director1 2025-04-01 2026-03-31 13040576 ns10:Director2 2025-04-01 2026-03-31 13040576 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13040576 ns10:SmallEntities 2025-04-01 2026-03-31 13040576 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13040576 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 13040576 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13040576 ns10:FullAccounts 2025-04-01 2026-03-31 13040576 ns10:RegisteredOffice 2025-04-01 2026-03-31 13040576 ns5:CurrentFinancialInstruments 2026-03-31 13040576 ns5:CurrentFinancialInstruments 2025-03-31 13040576 ns5:ShareCapital 2026-03-31 13040576 ns5:ShareCapital 2025-03-31 13040576 ns5:FurtherSpecificReserve3ComponentTotalEquity 2026-03-31 13040576 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 13040576 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 13040576 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 13040576 ns5:CostValuation 2025-03-31 13040576 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 13040576 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 13040576 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31

REGISTERED NUMBER: 13040576 (England and Wales)

| ITAK HOLDINGS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2026 |

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

ITAK HOLDINGS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2026

| DIRECTORS: | D A Harrington

| T F Moore

| REGISTERED OFFICE: | Unit B1, Chaucer Business Park

| Dittons Road

| Polegate

| East Sussex

| BN26 6JF

| REGISTERED NUMBER: | 13040576 (England and Wales)

| ACCOUNTANTS: | Gibbons Mannington & Phipps LLP

| Chartered Accountants

| 20 Eversley Road

| Bexhill-on-Sea

| East Sussex

| TN40 1HE

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

BALANCE SHEET

31ST MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 100 |  | 100 |  |

Investment property | 5 | 1,400,000 |  | 1,715,034 |  |

1,400,100 |  | 1,715,134 |  |

CURRENT ASSETS

Debtors | 6 | 2,479 |  | 2,479 |  |

Cash at bank | 765,697 |  | 1,433,885 |  |

768,176 |  | 1,436,364 |  |

CREDITORS

Amounts falling due within one year | 7 | 87,771 |  | 1,544,492 |  |

NET CURRENT ASSETS/(LIABILITIES) | 680,405 |  | (108,128 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,080,505 |  | 1,607,006 |  |

PROVISIONS FOR LIABILITIES | 46,537 |  | 125,296 |  |

NET ASSETS | 2,033,968 |  | 1,481,710 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Fair value reserve | 8 | 139,612 |  | 375,887 |  |

Retained earnings | 1,893,356 |  | 1,104,823 |  |

SHAREHOLDERS' FUNDS | 2,033,968 |  | 1,481,710 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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.

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

BALANCE SHEET - continued

31ST MARCH 2026

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 28th May 2026 and were signed on its behalf by:

D A Harrington - Director

T F Moore - Director

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. | STATUTORY INFORMATION

| ITAK Holdings 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Preparation of consolidated financial statements

| The financial statements contain information about ITAK Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| 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 for rental income, excluding discounts and value added tax.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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.

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2025 - NIL).

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertaki

£ |

| COST

| At 1st April 2025

| and 31st March 2026 | 100 |  |

| NET BOOK VALUE

| At 31st March 2026 | 100 |  |

| At 31st March 2025 | 100 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st April 2025 | 1,715,034 |  |

| Revaluations | (315,034 | ) |

| At 31st March 2026 | 1,400,000 |  |

| NET BOOK VALUE

| At 31st March 2026 | 1,400,000 |  |

| At 31st March 2025 | 1,715,034 |  |

| Fair value at 31st March 2026 is represented by:

£ |

| Valuation in 2022 | 501,183 |  |

| Valuation in 2026 | (315,034 | ) |

| Cost | 1,213,851 |  |

1,400,000 |  |

ITAK HOLDINGS LIMITED (REGISTERED NUMBER: 13040576)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

5. | INVESTMENT PROPERTY - continued

| If the investment properties had not been revalued they would have been included at the following historical cost:

2026 | 2025 |

£ | £ |

| Cost | 1,213,851 |  | 1,213,851 |  |

| The investment properties were valued at cost or an open market basis on 31st March 2026 by the directors.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Other debtors | 2,479 |  | 2,479 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Amounts owed to subsidiary company | 13,922 |  | 1,464,989 |  |

| Taxation and social security | 40,808 |  | 45,128 |  |

| Other creditors | 33,041 |  | 34,375 |  |

87,771 |  | 1,544,492 |  |

8. | RESERVES

| Fair

| value

| reserve

£ |

| At 1st April 2025 | 375,887 |  |

| Revaluation of Investment properties | (236,275 | ) |

| At 31st March 2026 | 139,612 |  |