1 January 2025 false No description of principal activity Taxfiler 2024.6 09939392business:PrivateLimitedCompanyLtd2025-01-012025-12-31 099393922024-12-31 099393922025-01-012025-12-31 09939392business:AuditExempt-NoAccountantsReport2025-01-012025-12-31 09939392business:FilletedAccounts2025-01-012025-12-31 099393922025-12-31 09939392business:Director12025-01-012025-12-31 09939392business:RegisteredOffice2025-01-012025-12-31 099393922024-12-31 09939392core:WithinOneYear2025-12-31 09939392core:WithinOneYear2024-12-31 09939392core:AfterOneYear2025-12-31 09939392core:AfterOneYear2024-12-31 09939392core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 09939392core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09939392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 09939392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09939392core:PreviouslyStatedAmount2025-12-31 09939392core:PreviouslyStatedAmount2024-12-31 09939392business:SmallEntities2025-01-012025-12-31 09939392countries:EnglandWales2025-01-012025-12-31 09939392core:PlantMachinery2025-01-012025-12-31 09939392core:FurnitureFittings2025-01-012025-12-31 09939392core:Goodwill2024-12-31 09939392core:Goodwill2025-12-31 09939392core:Goodwill2025-01-012025-12-31 09939392core:LandBuildings2024-12-31 09939392core:PlantMachinery2024-12-31 09939392core:FurnitureFittings2024-12-31 09939392core:LandBuildings2025-12-31 09939392core:PlantMachinery2025-12-31 09939392core:FurnitureFittings2025-12-31 09939392core:LandBuildings2025-01-012025-12-31 099393922024-01-012024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09939392 (England and Wales)
Irakora Limited Unaudited accounts for the year ended 31 December 2025
Irakora Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Irakora Limited Company Information for the year ended 31 December 2025
Director
Joonbum Jonathan PARK
Company Number
09939392 (England and Wales)
Registered Office
24 The Green London W5 5DA England
Accountants
Rivia Solution Accountants 419 Roman Road Bethnal Green London E3 5QS
- 3 -
Irakora Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
9,500 
15,500 
Tangible assets
5
195,624 
222,294 
205,124 
237,794 
Current assets
Inventories
8,461 
5,302 
Debtors
6
18,238 
58,599 
Cash at bank and in hand
12,945 
18,822 
39,644 
82,723 
Creditors: amounts falling due within one year
7
(221,178)
(383,960)
Net current liabilities
(181,534)
(301,237)
Total assets less current liabilities
23,590 
(63,443)
Creditors: amounts falling due after more than one year
8
(116,895)
- 
Provisions for liabilities
Deferred tax
- 
(8,386)
Net liabilities
(93,305)
(71,829)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(93,306)
(71,830)
Shareholders' funds
(93,305)
(71,829)
For the year ending 31 December 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 August 2026 and were signed on its behalf by
Joonbum Jonathan PARK Director Company Registration No. 09939392
- 4 -
Irakora Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Irakora Limited is a private company, limited by shares, registered in England and Wales, registration number 09939392. The registered office is 24 The Green, London, W5 5DA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line method
Fixtures & fittings
20% straight line method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2025
60,000 
At 31 December 2025
60,000 
Amortisation
At 1 January 2025
44,500 
Charge for the year
6,000 
At 31 December 2025
50,500 
Net book value
At 31 December 2025
9,500 
At 31 December 2024
15,500 
- 5 -
Irakora Limited Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
252,890 
9,261 
98,124 
360,275 
At 31 December 2025
252,890 
9,261 
98,124 
360,275 
Depreciation
At 1 January 2025
44,621 
8,361 
84,999 
137,981 
Charge for the year
12,645 
900 
13,125 
26,670 
At 31 December 2025
57,266 
9,261 
98,124 
164,651 
Net book value
At 31 December 2025
195,624 
- 
- 
195,624 
At 31 December 2024
208,269 
900 
13,125 
222,294 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,500 
Accrued income and prepayments
- 
3,177 
Other debtors
18,238 
47,922 
18,238 
58,599 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
130,260 
VAT
20,023 
32,211 
Trade creditors
142,226 
156,155 
Taxes and social security
25,179 
29,015 
Other creditors
6,146 
- 
Accruals
27,604 
36,319 
221,178 
383,960 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
116,895 
- 
9
Average number of employees
During the year the average number of employees was 21 (2024: 26).
- 6 -