IFZW - Maintenance Limited - Filleted accounts

Registered number

05594083

IFZW - Maintenance Limited

Filleted Accounts

31 December 2025

IFZW - Maintenance Limited
Registered number:		05594083
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£

Fixed assets
Tangible assets	4		13,606			555

Current assets
Stocks		110,176			147,920
Debtors	5	367,993			376,250
Cash at bank and in hand		483,005			606,423
		961,174			1,130,593

Creditors: amounts falling due within one year	6	(101,412)			(294,297)

Net current assets			859,762			836,296

Total assets less current liabilities			873,368			836,851


Provisions for liabilities			(3,402)			(139)


Net assets			869,966			836,712

Capital and reserves
Called up share capital			1			1
Profit and loss account			869,965			836,711

Shareholder's funds			869,966			836,712

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. In accordance with those provisions the profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:




D Zahn
Director
Approved by the board on 12 August 2026

IFZW - Maintenance Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Statutory information

	IFZW – Maintenance Limited 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. The presentation currency of the financial statements is the Pound Sterling (£).




2	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Related party exemption
	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.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery		over 3 years
	Motor vehicles		over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


3	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				4		6


4	Tangible fixed assets
			Plant and machinery etc		Motor vehicles		Total
£				£		£
	Cost
	At 1 January 2025		18,503		78,429		96,932
	Additions		-		19,994		19,994
	Disposals		(3,089)		-		(3,089)
	At 31 December 2025		15,414		98,423		113,837

	Depreciation
	At 1 January 2025		17,948		78,429		96,377
	Charge for the year		278		6,665		6,943
	On disposals		(3,089)		-		(3,089)
	At 31 December 2025		15,137		85,094		100,231

	Net book value
	At 31 December 2025		277		13,329		13,606
	At 31 December 2024		555		-		555


5	Debtors				2025		2024
£						£


	Trade debtors				63,848		170,474
	Due from group undertakings				-		10,947
	Accrued income				214,102		178,062
	Corporation tax				6,269		-
	Prepayments				10,613		13,900
	Other debtors				73,161		2,867
					367,993		376,250


6	Creditors: amounts falling due within one year				2025		2024
£						£


	Trade creditors				18,769		45,406
	Due to group undertakings				2,031		-
	Other taxes and social security				61,688		117,583
	Accruals				18,924		123,768
	Other creditors				-		7,540
					101,412		294,297


7	Other financial commitments				2025		2024
£						£

	Within one year				10,550		19,742
	Between one and five years				-		6,875
					10,550		26,617


8	Called up share capital
					2025		2024
	Alloted, issued and fully paid				£	£
	Number	Class	Nominal Value
	1	Ordinary	£1		1		1


9	Parent company

	The parent company of IFZW – Maintenance Limited is IFZW GmbH in which the accounts of IFZW - Maintenance Ltd are consolidated. Their registered office address from which publicly available accounts can be obtained is: Kopernikusstraße 53,08058 Zwickau Germany The ultimate parent company is, Zahn Vermogensverwaltung GmbH & Co KG, a company incorporated in Germany


10	Disclosure under section 444(5B) of the Companies Act 2006
	The auditors report on the accounts of IFZW – Maintenance Limited for the year ended 31 December 2025 was qualified. The basis of qualification in the auditor’s report was as follows: We were not appointed as auditors of the company until after 31 December 2024 and thus did not observe the counting of physical inventories at the end of that year. We were unable to satisfy ourselves by alternative means concerning the inventory quantities held at 31 December 2024, which are included in the opening balance sheet at £147,920, by using other audit procedures. Consequently, we were unable to determine whether any adjustments to these amounts was necessary. We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. The matters required to report by exception are stated below: Except for the matters described in the basis for qualified opinion section of our report, in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report. Arising solely from the limitation on the scope of our work relating to inventory, referred to above: we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and we were unable to determine whether adequate accounting records have been kept. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of directors' remuneration specified by law are not made. The auditor’s report was signed by Caroline Peverett BA FCA (Senior Statutory Auditor) for and on behalf of Tuerner Audit Limited.










































	Date of auditor's report:	12/08/2026
	Name of auditor:	Caroline Peverett BA FCA (Senior Statutory Auditor)
	Name of audit firm:	Tuerner Audit Limited