REGISTERED NUMBER: 03708032 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

IADA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Booth

Mr AJ Bowyer

Mr M Casson

Mr D Ellis

Mr PG Evans

Mr JA Gibson

Mr JA Haley

Mr G Hughes

Mr C Johnson

Mr JP Lilley

Mr JK Oxley

Mr TE Penney

Mr M Semark

Mr W Simpson

Mr MG Thoday

Mr IR Tilley

Mr S Wilson

Mr CL Flint

Mr SJ March

Mr G Brown

Mr PM Sutcliffe

REGISTERED OFFICE:

National Distribution Centre

Unit E

Winchester Avenue

Blaby

Leicestershire

LE8 4GZ

REGISTERED NUMBER:

03708032 (England and Wales)

FIXED ASSETS

Tangible assets

4

79,069

95,074

CURRENT ASSETS

Stocks

1,384,123

796,007

Debtors

5

2,505,365

1,422,551

Cash at bank

336,260

343,048

4,225,748

2,561,606

CREDITORS

Amounts falling due within one year

6

3,588,308

2,090,289

NET CURRENT ASSETS

637,440

471,317

TOTAL ASSETS LESS CURRENT LIABILITIES

716,509

566,391

CREDITORS

Amounts falling due after more than one year

7

484,391

488,391

NET ASSETS

232,118

78,000

CAPITAL AND RESERVES

Called up share capital

78,000

78,000

Retained earnings

154,118

-

232,118

78,000

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 10 July 2026 and were signed on its behalf by:

Mr C Johnson - Director

1.	STATUTORY INFORMATION

Iada 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.

Turnover

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

Turnover in respect of members overhead contributions are liabilities of the company and recognised in the income statement to the extent that they are matched to the cost of services defrayed on their behalf. The balance of surplus contribution are carried forward to future periods by inclusion as a liability in the company's creditors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

119,710

51,197

170,907

DEPRECIATION

At 1 January 2025

42,074

33,759

75,833

Charge for year

11,645

4,360

16,005

At 31 December 2025

53,719

38,119

91,838

NET BOOK VALUE

At 31 December 2025

65,991

13,078

79,069

At 31 December 2024

77,636

17,438

95,074

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

and

fittings

£

COST

At 1 January 2025

12,000

Reclassification/transfer

(12,000

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

4,631

Charge for year

1,105

Reclassification/transfer

(5,736

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

7,369

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,160,719

1,086,239

Other debtors

344,646

336,312

2,505,365

1,422,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

1,667

Trade creditors

3,264,547

1,814,058

Taxation and social security

19,462

9,275

Other creditors

304,299

265,289

3,588,308

2,090,289

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

484,391

488,391