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REGISTERED NUMBER: 07699458 (England and Wales)















Ihateironing.com Ltd

Unaudited Financial Statements For The Year Ended 31 July 2025






Ihateironing.com Ltd (Registered number: 07699458)






Contents of the Financial Statements
For The Year Ended 31 July 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ihateironing.com Ltd

Company Information
For The Year Ended 31 July 2025







DIRECTORS: M Connelly
H A Blockley





REGISTERED OFFICE: International House
6 Canterbury Crescent
London
SW9 7QD





REGISTERED NUMBER: 07699458 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Ihateironing.com Ltd (Registered number: 07699458)

Balance Sheet
31 July 2025

2025 2024
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,580 22,723

CURRENT ASSETS
Debtors 5 975,553 563,415
Cash at bank and in hand 932,978 541,667
1,908,531 1,105,082
CREDITORS
Amounts falling due within one year 6 2,245,022 1,651,880
NET CURRENT LIABILITIES (336,491 ) (546,798 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(316,911

)

(524,075

)

CREDITORS
Amounts falling due after more than one year 7 2,193 11,067
NET LIABILITIES (319,104 ) (535,142 )

CAPITAL AND RESERVES
Called up share capital 8 202 208
Share premium 1,022,124 978,715
Capital redemption reserve 5 -
Retained earnings (1,341,435 ) (1,514,065 )
SHAREHOLDERS' FUNDS (319,104 ) (535,142 )

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

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

Ihateironing.com Ltd (Registered number: 07699458)

Balance Sheet - continued
31 July 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:





M Connelly - Director


Ihateironing.com Ltd (Registered number: 07699458)

Notes to the Financial Statements
For The Year Ended 31 July 2025

1. STATUTORY INFORMATION

Ihateironing.com Ltd 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.

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment, fixtures and fittings - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Ihateironing.com Ltd (Registered number: 07699458)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2025

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 27 (2024 - 24 ) .

4. TANGIBLE FIXED ASSETS
Equipment,
fixtures
and
fittings
£   
COST
At 1 August 2024 30,031
Additions 3,011
At 31 July 2025 33,042
DEPRECIATION
At 1 August 2024 7,308
Charge for year 6,154
At 31 July 2025 13,462
NET BOOK VALUE
At 31 July 2025 19,580
At 31 July 2024 22,723

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Trade debtors 327,856 358,134
Other debtors 153,807 (7,138 )
Directors' current accounts 382,250 23,090
Corporation tax recoverable 101,672 11,148
Deferred tax asset - 178,181
Prepayments and accrued income 9,968 -
975,553 563,415

Ihateironing.com Ltd (Registered number: 07699458)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
as restated
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 1,647,775 1,140,297
Taxation 94,312 11,148
Social security and other taxes 252,295 352,560
Other creditors 233,992 137,227
Accruals and deferred income 6,000 -
2,245,022 1,651,880

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
as restated
£    £   
Bank loans 2,193 11,067

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: as restated
£    £   
102,056 Ordinary £0.00 1 102 102
100,323 Convertible Preference £0.00 1 100 106
202 208

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025 2024
as restated
£    £   
M Connelly
Balance outstanding at start of year 23,090 33,030
Amounts advanced 82,778 -
Amounts repaid - (9,940 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 105,868 23,090

H A Blockley
Balance outstanding at start of year - -
Amounts advanced 276,382 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 276,382 -

The above loans are unsecured and repayable on demand. Interest has been charged at 2.25% per annum.