Intelligence Agency Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04899354

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		437,104		659,279

			437,104		659,279
CURRENT ASSETS
Debtors	5	2,063		6,387
Cash at bank and in hand		200,226		66,070

		202,289		72,457
Creditors: Amounts Falling Due Within One Year	6	(44,675 )		(35,108 )

NET CURRENT ASSETS (LIABILITIES)			157,614		37,349

TOTAL ASSETS LESS CURRENT LIABILITIES			594,718		696,628

Creditors: Amounts Falling Due After More Than One Year	7		(236,658 )		(236,658 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(32,363 )		(42,060 )

NET ASSETS			325,697		417,910

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	11		128,272		179,309
Profit and Loss Account			197,325		238,501

SHAREHOLDERS' FUNDS			325,697		417,910

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Intelligence Agency Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms S A Urquhart

Director

19/06/2026

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

1. General Information

Intelligence Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04899354 . The registered office is 167-169 Great Portland Street, 5th Floor, London, Greater London, W1W 5PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Garden Office	Over 10 years
Computer Equipment	Over 4 years

2.5. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Intelligence Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Investment Properties	Garden Office	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2025	645,000	12,754	46,571	704,325
Additions	-	-	1,373	1,373
Disposals	(220,000 )	-	-	(220,000 )

As at 31 March 2026	425,000	12,754	47,944	485,698

Depreciation
As at 1 April 2025	-	2,550	42,496	45,046
Provided during the period	-	1,275	2,273	3,548

As at 31 March 2026	-	3,825	44,769	48,594

Net Book Value
As at 31 March 2026	425,000	8,929	3,175	437,104

As at 1 April 2025	645,000	10,204	4,075	659,279

The company has invested in an investment property, which generatse rental income for the company.

During the year the company disposed of an investment property.

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	4,308
Other debtors	1,879	2,079
Directors' loan accounts	184	-

	2,063	6,387

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Intelligence Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	2,865	94
Corporation tax	19,133	20,484
Other taxes and social security	18,226	10,048
Other creditor	4,451	3,671
Directors' loan accounts	-	811

	44,675	35,108

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Mortgage (secured)	235,043	235,043
Tenants deposit held	1,615	1,615

	236,658	236,658

The mortgage is secured in the form of a first legal charge over the investment property and by directors personal guarantees.

Of the creditors falling due within and after more than one year the following amounts are due after more than five years. This relates to the mortgage one of the investment properties.

	2026		2025
	£		£
Other Creditors	235,043		235,043

8. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured. This relates to the mortgage one of the investment properties.

	2026		2025
	£		£
Other Creditors	235,043		235,043

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Ms Sally Urquhart	-	559	-	-	559

The above loan is unsecured, interest free and repayable on demand.

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Intelligence Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

11. Reserves

	Revaluation Reserve
	£
As at 1 April 2025	179,309
Surplus on revaluation	(51,037 )

As at 31 March 2026	128,272

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