REGISTERED NUMBER: 08675543 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

ROBERT IRVING BURNS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

1,596,487

1,756,136

Property, plant and equipment

5

267,471

287,853

Investments

6

152,144

152,144

2,016,102

2,196,133

CURRENT ASSETS

Debtors

7

2,213,263

1,880,741

Cash at bank

346,771

351,313

2,560,034

2,232,054

CREDITORS

Amounts falling due within one year

8

1,422,916

949,066

NET CURRENT ASSETS

1,137,118

1,282,988

TOTAL ASSETS LESS CURRENT LIABILITIES

3,153,220

3,479,121

CREDITORS

Amounts falling due after more than one year

9

(183,358

)

(383,350

)

PROVISIONS FOR LIABILITIES

11

(51,292

)

(30,516

)

NET ASSETS

2,918,570

3,065,255

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

4,030,155

4,030,155

Retained earnings

(1,121,585

)

(974,900

)

2,918,570

3,065,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 21 July 2026 and were signed on its behalf by:

Mr A P Antoniou - Director

1.	STATUTORY INFORMATION

Robert Irving Burns Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08675543

Registered office:

1 Kings Avenue

London

N21 3NA

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.

Preparation of consolidated financial statements

The financial statements contain information about Robert Irving Burns Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax.

Revenue is recognised when services are rendered to the customers.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible assets are amortised over 20 years.

Property, plant and equipments

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 20% on cost

Short leasehold - 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

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 material 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.

Hire purchase and leasing commitments

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.

Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

7,516,133

AMORTISATION

At 1 May 2024

5,759,997

Charge for year

159,649

At 30 April 2025

5,919,646

NET BOOK VALUE

At 30 April 2025

1,596,487

At 30 April 2024

1,756,136

5.	PROPERTY, PLANT AND EQUIPMENT

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 May 2024

194,388

729,761

924,149

Additions

-

89,762

89,762

At 30 April 2025

194,388

819,523

1,013,911

DEPRECIATION

At 1 May 2024

132,966

503,330

636,296

Charge for year

53,090

57,054

110,144

At 30 April 2025

186,056

560,384

746,440

NET BOOK VALUE

At 30 April 2025

8,332

259,139

267,471

At 30 April 2024

61,422

226,431

287,853

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

152,144

NET BOOK VALUE

At 30 April 2025

152,144

At 30 April 2024

152,144

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

467,617

100,602

Amounts owed by group undertakings

117,570

17,509

Other debtors

1,628,076

1,762,630

2,213,263

1,880,741

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

200,000

200,000

Trade creditors

90,327

38,398

Amounts owed to group undertakings

100

100

Taxation and social security

283,184

122,753

Other creditors

849,305

587,815

1,422,916

949,066

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

183,358

383,350

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

383,358

583,350

Bank loan is secured by way of fixed and floating charge on the property and other assets of the company and contains a negative pledge.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

51,292

30,516

Deferred

tax

£

Balance at 1 May 2024

30,516

Provided during year

20,776

Balance at 30 April 2025

51,292

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in the other debtors less than one year is an amount of £1,361,164 (2024: £1,531,497) due from the connected companies with common directorship and shareholdings. The loan was interest-free and recoverable on demand.

Also, included in the other creditors less than one year is an amount of £581,041 (2024: £521,041) due to the connected companies with common directorship and shareholdings. Also, included in other creditors less than one year is an amount of £6,848 (2024: £12,605) due to the directors of the company. The loan was interest-free and repayable on demand.