Instant Promotion Limited iXBRL

Company Registration Number: NI024493

Instant Promotion Limited

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

INSTANT PROMOTION LIMITED

Company Registration Number: NI024493

ABRIDGED STATEMENT OF FINANCIAL POSITION

as at 31 August 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

844,838

844,876

Financial assets

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Non-Current Assets

844,888

844,926

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Current Assets

Debtors

301,430

329,430

Cash and cash equivalents

804,826

757,273

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1,106,256

1,086,703

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Creditors: amounts falling due within one year

(126,683)

(118,538)

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Net Current Assets

979,573

968,165

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Total Assets less Current Liabilities

1,824,461

1,813,091

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Capital and Reserves

Called up share capital

Retained earnings

1,824,455

1,813,085

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Shareholders' Funds

1,824,461

1,813,091

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The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 1 June 2026 and signed on its behalf by



________________________________			________________________________
Josephine Kelly			Patrick Kelly
Director			Director

INSTANT PROMOTION LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

General Information

Instant Promotion Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI024493. The registered office of the company is Argyle Arms, Argyle Street, Londonderry, BT48 7JJ, Northern Ireland. The principal activity of the company is Investment Properties. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 August 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

15% Reducing Balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Income Statement.

Financial assets

Financial assets held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).

2025

2024

Number

Number

Total

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4.	Property, plant and equipment
		Investment	Fixtures,	Total
		properties	fittings and
			equipment
		£	£	£
	Cost
	At 1 September 2024	982,119	1,783	983,902
		─────────	─────────	─────────

	At 31 August 2025	982,119	1,783	983,902
		─────────	─────────	─────────
	Depreciation
	At 1 September 2024	137,496	1,530	139,026
	Charge for the financial year	-	38	38
		─────────	─────────	─────────
	At 31 August 2025	137,496	1,568	139,064
		─────────	─────────	─────────
	Net book value
	At 31 August 2025	844,623	215	844,838
		═════════	═════════	═════════
	At 31 August 2024	844,623	253	844,876
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5.	Financial fixed assets
		Other	Total
		investments

	Investments	£	£
	Cost

	At 31 August 2025	50	50
		─────────	─────────
	Net book value
	At 31 August 2025	50	50
		═════════	═════════
	At 31 August 2024	50	50
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