REGISTERED NUMBER: 10602110 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MY IGLU LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Cooper-Atkins

H R Cooper-Atkins

REGISTERED OFFICE:

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

REGISTERED NUMBER:

10602110 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Investment property

4

1,408,574

1,345,010

CURRENT ASSETS

Debtors

5

29,778

39,078

Cash at bank

21,728

92,190

51,506

131,268

CREDITORS

Amounts falling due within one year

6

478,370

369,284

NET CURRENT LIABILITIES

(426,864

)

(238,016

)

TOTAL ASSETS LESS CURRENT LIABILITIES

981,710

1,106,994

CREDITORS

Amounts falling due after more than one year

7

(481,615

)

(638,634

)

PROVISIONS FOR LIABILITIES

(66,861

)

(66,861

)

NET ASSETS

433,234

401,499

CAPITAL AND RESERVES

Called up share capital

9

100

100

Revaluation reserve

10

184,919

184,919

Retained earnings

248,215

216,480

SHAREHOLDERS' FUNDS

433,234

401,499

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2026 and were signed on its behalf by:

H R Cooper-Atkins - Director

1.	STATUTORY INFORMATION

My Iglu 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.

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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Profit and Loss Account, 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.

3.	DIRECTORS AND EMPLOYEES

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,345,010

Additions

63,564

At 31 December 2025

1,408,574

NET BOOK VALUE

At 31 December 2025

1,408,574

At 31 December 2024

1,345,010

Fair value at 31 December 2025 is represented by:

£

Valuation in 2018

82,445

Valuation in 2023

175,000

Valuation in 2024

10,000

Cost

1,141,129

1,408,574

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

2025

2024

£

£

Cost

1,141,129

1,077,565

Investment properties were valued on an open market basis on 31 December 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,397

6,821

Other debtors

22,381

32,257

29,778

39,078

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,232

36,241

Trade creditors

47,172

4,313

Taxation and social security

10,579

19,259

Other creditors

390,387

309,471

478,370

369,284

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

463,615

620,634

Other creditors

18,000

18,000

481,615

638,634

8.	SECURED DEBTS

Bank loans totalling £490,678 are secured by fixed and floating charges against the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary £1

£1

100

100

10.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

184,919

11.	RELATED PARTY DISCLOSURES

Key management personnel :

2025

2024

£

£

Amount due to related parties

365,470

282,000

365,470

282,000

Transactions with entities in which the directors have control, joint control or significant influence over the

entity :

2025

2024

£

£

Rents received from related parties

107,934

79,327

Recharges to related parties

7,384

5,759

Amount due to/(from) related parties

75,348

(6,739

)