REGISTERED NUMBER: 05097396 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Iris Construction Projects Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

P E Hogan

Mrs J E Hogan

SECRETARY:

Mrs J E Hogan

REGISTERED OFFICE:

12-13, The Oaks

Clews Road

Redditch

Worcestershire

B98 7ST

REGISTERED NUMBER:

05097396 (England and Wales)

ACCOUNTANTS:

Davies Archytas Accountants Ltd

12-13 The Oaks

Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

10,469

13,960

CURRENT ASSETS

Debtors

163,808

189,455

Cash at bank

-

503

163,808

189,958

CREDITORS

Amounts falling due within one year

189,250

237,617

NET CURRENT LIABILITIES

(25,442

)

(47,659

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,973

)

(33,699

)

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Retained earnings

(15,973

)

(34,699

)

SHAREHOLDERS' FUNDS

(14,973

)

(33,699

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 May 2026 and were signed on its behalf by:

P E Hogan - Director

1.	STATUTORY INFORMATION

Iris Construction Projects 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 NIL (2024 - 5 ).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

149,942

DEPRECIATION

At 1 November 2024

135,982

Charge for year

3,491

At 31 October 2025

139,473

NET BOOK VALUE

At 31 October 2025

10,469

At 31 October 2024

13,960

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 October 2025 and the period ended 31 October 2024:

31.10.25

31.10.24

£

£

P E Hogan

Balance outstanding at start of year

60,763

15,301

Amounts advanced

4,061

45,462

Amounts repaid

(19,850

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

44,974

60,763

Mrs J E Hogan

Balance outstanding at start of year

60,762

15,301

Amounts advanced

4,061

45,461

Amounts repaid

(19,850

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

44,973

60,762

The shareholder loan account amounting to £51,811 (2024: £51,811) is included within debtors. It is an interest free unsecured loan to the shareholder, S W Ham.

The overdrawn director's current account is included within debtors. It is an interest free unsecured loan to the director, P E Hogan.

The overdrawn director's current account is included within debtors. It is an interest free unsecured loan to the director, Mrs J E Hogan.

7.	ULTIMATE CONTROLLING PARTY

Throughout the financial year, the controlling parties were the directors by virtue of their 100% ownership of the issued share capital of the company.