ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 13956185

IR PROPERTY INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2025

IR PROPERTY INVESTMENTS LIMITED

REGISTERED NUMBER: 13956185

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		1,170,515		1,170,515
			1,170,515		1,170,515
Current assets
Debtors: amounts falling due within one year	5	3,848		-
		3,848		-
Creditors: amounts falling due within one year	6	(19,744)		(13,350)
Net current liabilities			(15,896)		(13,350)
Total assets less current liabilities			1,154,619		1,157,165
Creditors: amounts falling due after more than one year	7		(1,151,569)		(1,146,833)

Net assets			3,050		10,332

Capital and reserves
Called up share capital	100	100
Profit and loss account	2,950	10,232
	3,050	10,332

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IR PROPERTY INVESTMENTS LIMITED

REGISTERED NUMBER: 13956185

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

I. D. Rosenberg

Director

Date: 19 June 2026

The notes on pages 3 to 6 form part of these financial statements.

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IR PROPERTY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1.	General information

IR Property Investments Limited is a private company limited by shares and incorporated in England and Wales (Registration number 13956185). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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IR PROPERTY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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IR PROPERTY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

4.	Investment property

		Long term leasehold investment property
		£
	Valuation
	At 1 August 2024	1,170,515
	At 31 July 2025	1,170,515

The 2025 valuations were made by the Directors, on an open market value basis.

Debtors

					2025	2024
					£	£


Prepayments and accrued income	3,848	-
	3,848	-

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	6,044	-
Corporation tax	-	2,401
Other creditors	8,700	8,699
Accruals and deferred income	5,000	2,250
	19,744	13,350

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IR PROPERTY INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	610,461	610,461
Other creditors	541,108	536,372
	1,151,569	1,146,833

Included in other creditors is £541,108 due to IR International Collections Limited, which is a company under common control.




Amounts falling due after more than 5 years
Bank loans	610,461	610,461
	610,461	610,461
	610,461	610,461

This loan is secured against the Company's investment property by way of a fixed charge.

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