Ijim Consulting Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12347118

Ijim Consulting Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

Ijim Consulting Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		98,802	112,388

Current assets

Debtors	5	229,026	154,305
Cash at bank and in hand		13,862	34,808
		---------	---------
		242,888	189,113

Creditors: amounts falling due within one year	6	175,753		92,895
		---------		---------
Net current assets			67,135	96,218
			---------	---------
Total assets less current liabilities			165,937	208,606

Provisions

Taxation including deferred tax	5,278	5,409
	---------	---------
Net assets	160,659	203,197
	---------	---------

Ijim Consulting Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	160,559	203,097
	---------	---------
Shareholders funds	160,659	203,197
	---------	---------

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 income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 14 July 2026 , and are signed on behalf of the board by:

J Clovis
Director

Company registration number: 12347118

Ijim Consulting Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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.

Judgements and key sources of estimation uncertainty

The directors make estimates and assumptions about the future. These estimates and assumptions impact recognised assets and liabilities, as well as revenue and expenses and other disclosures. These estimates are based on historical experience and on various assumptions considered reasonable under the prevailing conditions. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. The estimates and assumptions that may have a significant effect on the carrying amounts of assets and liabilities within financial year include: 1) Depreciation - the annual depreciation charge for each class of tangible fixed asset is based on an estimate of the useful economic life of the respective assets. This is reviewed periodically by the directors to ensure that they reflect both the external and internal factors.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

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 material 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.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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:

Leasehold improvements	-	10% straight line
Equipment	-	25% reducing balance

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.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured atamortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financialinstrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition

4. Tangible assets

	Leasehold improvements	Equipment	Total
	£	£	£
Cost
At 1 January 2025	105,879	35,823	141,702
Additions	–	2,060	2,060
	---------	--------	---------
At 31 December 2025	105,879	37,883	143,762
	---------	--------	---------
Depreciation
At 1 January 2025	17,607	11,707	29,314
Charge for the year	10,587	5,059	15,646
	---------	--------	---------
At 31 December 2025	28,194	16,766	44,960
	---------	--------	---------
Carrying amount
At 31 December 2025	77,685	21,117	98,802
	---------	--------	---------
At 31 December 2024	88,272	24,116	112,388
	---------	--------	---------

5. Debtors

	2025	2024
	£	£
Trade debtors	13,080	31,001
Other debtors	215,946	123,304
	---------	---------
	229,026	154,305
	---------	---------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	6,104	9,791
Social security and other taxes	34,280	43,035
Other creditors	135,369	40,069
	---------	--------
	175,753	92,895
	---------	--------

7. Director's advances, credits and guarantees

The director operates a loan account with the company. The opening balance was £110 (2024: £23,729), directors took advances of £63,642 (2024: £37,033) and made repayments of £25,000 (2024:£60,872). As at the balance sheet date, £38,532 (2024: £110 was owed to the director) was owed to the company. Interest is charged at 3.75% on the average balance and the loan is repayable on demand.