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COMPANY REGISTRATION NUMBER: 16076720

IGAM OGAM 44 LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

IGAM OGAM 44 LTD

STATEMENT OF FINANCIAL POSITION

31 March 2026

| 31 Mar 26
Note | £ | £

Fixed assets

Intangible assets | 5 |  | 1,600
Tangible assets | 6 |  | 10,552
|  | --------
|  | 12,152

Current assets

Stocks | 2,000 |
Cash at bank and in hand | 18,490 |
| -------- |
| 20,490 |

Creditors: amounts falling due within one year | 7 | 12,969 |
| -------- |
Net current assets |  | 7,521
|  | --------
Total assets less current liabilities |  | 19,673

Creditors: amounts falling due after more than one year | 8 |  | 10,587

Provisions |  | 1,999
|  | --------
Net assets |  | 7,087
|  | --------

Capital and reserves

Called up share capital |  | 100
Profit and loss account |  | 6,987
|  | -------
Shareholders funds |  | 7,087
|  | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

IGAM OGAM 44 LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026
These financial statements were approved by the board of directors and authorised for issue on 17 June 2026 , and are signed on behalf of the board by:

Mrs E L Jones
Director

Company registration number: 16076720

IGAM OGAM 44 LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 DECEMBER 2024 TO 31 MARCH 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 92-94 High Street, Porthmadog, Gwynedd, LL49 9NW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 20% reducing balance

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 15% reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 5 .
5. Intangible assets

| Goodwill
| £
Cost |
Additions | –
Acquisitions through business combinations | 2,000
| -------
At 31 March 2026 | 2,000
| -------
Amortisation |
Charge for the period | 400
| -------
At 31 March 2026 | 400
| -------
Carrying amount |
At 31 March 2026 | 1,600
| -------

6. Tangible assets

| Plant and machinery | Total
| £ | £
Cost |  |
At 1 December 2024 | – | –
Additions | 12,140 | 12,140
| -------- | --------
At 31 March 2026 | 12,140 | 12,140
| -------- | --------
Depreciation |  |
At 1 December 2024 | – | –
Charge for the period | 1,588 | 1,588
| -------- | --------
At 31 March 2026 | 1,588 | 1,588
| -------- | --------
Carrying amount |  |
At 31 March 2026 | 10,552 | 10,552
| -------- | --------

7. Creditors: amounts falling due within one year

| 31 Mar 26
| £
Trade creditors | 3,017
Corporation tax | 2,424
Social security and other taxes | 4,868
Other creditors | 1,160
Other creditors | 1,500
| --------
| 12,969
| --------

8. Creditors: amounts falling due after more than one year

| 31 Mar 26
| £
Other creditors | 10,587
| --------