IRIS Accounts Production v26.1.10.60 07988439 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079884392024-12-31079884392025-12-31079884392025-01-012025-12-31079884392023-12-31079884392024-01-012024-12-31079884392024-12-3107988439ns15:EnglandWales2025-01-012025-12-3107988439ns14:PoundSterling2025-01-012025-12-3107988439ns10:Director12025-01-012025-12-3107988439ns10:PrivateLimitedCompanyLtd2025-01-012025-12-3107988439ns10:SmallEntities2025-01-012025-12-3107988439ns10:AuditExempt-NoAccountantsReport2025-01-012025-12-3107988439ns10:SmallCompaniesRegimeForDirectorsReport2025-01-012025-12-3107988439ns10:SmallCompaniesRegimeForAccounts2025-01-012025-12-3107988439ns10:FullAccounts2025-01-012025-12-3107988439ns10:Director22025-01-012025-12-3107988439ns10:RegisteredOffice2025-01-012025-12-3107988439ns5:CurrentFinancialInstruments2025-12-3107988439ns5:CurrentFinancialInstruments2024-12-3107988439ns5:ShareCapital2025-12-3107988439ns5:ShareCapital2024-12-3107988439ns5:RetainedEarningsAccumulatedLosses2025-12-3107988439ns5:RetainedEarningsAccumulatedLosses2024-12-3107988439ns5:PlantMachinery2025-01-012025-12-3107988439ns5:FurnitureFittings2025-01-012025-12-3107988439ns5:ComputerEquipment2025-01-012025-12-3107988439ns5:PlantMachinery2024-12-3107988439ns5:FurnitureFittings2024-12-3107988439ns5:ComputerEquipment2024-12-3107988439ns5:PlantMachinery2025-12-3107988439ns5:FurnitureFittings2025-12-3107988439ns5:ComputerEquipment2025-12-3107988439ns5:PlantMachinery2024-12-3107988439ns5:FurnitureFittings2024-12-3107988439ns5:ComputerEquipment2024-12-3107988439ns5:WithinOneYearns5:CurrentFinancialInstruments2025-12-3107988439ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-31
REGISTERED NUMBER: 07988439 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

IPPI (UK) LTD
IPPI (UK) LTD (REGISTERED NUMBER: 07988439)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2025




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


IPPI (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2025







DIRECTORS: Mr D Schlicht
Mr D H Schlicht





REGISTERED OFFICE: Beverley Enterprise Centre
Beck View Road
Office F5
Beverley
Yorkshire
HU17 0JT





REGISTERED NUMBER: 07988439 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
2nd Floor
Cumberland House
Oriel Road
Cheltenham
Gloucestershire
GL50 1BB
1
IPPI (UK) LTD (REGISTERED NUMBER: 07988439)

BALANCE SHEET
31 December 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,341 30,973

CURRENT ASSETS
Stocks 518,031 523,448
Debtors 5 271,919 177,895
Cash at bank 492,639 188,559
1,282,589 889,902
CREDITORS
Amounts falling due within one year 6 397,909 221,149
NET CURRENT ASSETS 884,680 668,753
TOTAL ASSETS LESS CURRENT
LIABILITIES
908,021
699,726

PROVISIONS FOR LIABILITIES 5,835 7,743
NET ASSETS 902,186 691,983

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 902,184 691,981
SHAREHOLDERS' FUNDS 902,186 691,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 5 June 2026 and were signed on its behalf by:





Mr D H Schlicht - Director


The notes form part of these financial statements

2
IPPI (UK) LTD (REGISTERED NUMBER: 07988439)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2025

1. STATUTORY INFORMATION

Ippi (Uk) Ltd 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.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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 2 (2024 - 2 ) .

3
IPPI (UK) LTD (REGISTERED NUMBER: 07988439)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2025 39,124 3,910 7,199 50,233
Additions - - 129 129
At 31 December 2025 39,124 3,910 7,328 50,362
DEPRECIATION
At 1 January 2025 8,151 3,910 7,199 19,260
Charge for year 7,743 - 18 7,761
At 31 December 2025 15,894 3,910 7,217 27,021
NET BOOK VALUE
At 31 December 2025 23,230 - 111 23,341
At 31 December 2024 30,973 - - 30,973

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 270,308 176,289
Other debtors 387 375
VAT 839 855
Prepayments 385 376
271,919 177,895

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans - 3,245
German VAT (21,374 ) 7,345
Trade creditors 286,559 164,440
Tax 110,194 32,160
Social security and other taxes 226 4
Other creditors 231 144
Accruals and deferred income 22,073 13,811
397,909 221,149

4