REGISTERED NUMBER: 06767575 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

IOW RESIDENTIAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

K Trigg

Mrs L S Trigg

SECRETARY:

REGISTERED OFFICE:

Trigg House

Monks Brook

St Cross Business Park

Newport

Isle of Wight

PO30 5WB

REGISTERED NUMBER:

06767575 (England and Wales)

ACCOUNTANTS:

Harrison Black Limited

East Quay

Kite Hill

Wootton Bridge

Isle of Wight

PO33 4LA

FIXED ASSETS

Tangible assets

4

78,989

10,700

Investments

5

50

-

79,039

10,700

CURRENT ASSETS

Debtors

6

219,757

13,749

Cash at bank and in hand

309,494

387,904

529,251

401,653

CREDITORS

Amounts falling due within one year

7

139,457

113,422

NET CURRENT ASSETS

389,794

288,231

TOTAL ASSETS LESS CURRENT LIABILITIES

468,833

298,931

CREDITORS

Amounts falling due after more than one year

8

82,238

27,778

NET ASSETS

386,595

271,153

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

386,495

271,053

SHAREHOLDERS' FUNDS

386,595

271,153

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 July 2026 and were signed on its behalf by:

K Trigg - Director

1.	STATUTORY INFORMATION

IOW Residential 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

21,782

9,896

29,182

60,860

Additions

-

87,490

537

88,027

At 31 December 2025

21,782

97,386

29,719

148,887

DEPRECIATION

At 1 January 2025

17,745

6,618

25,797

50,160

Charge for year

605

18,153

980

19,738

At 31 December 2025

18,350

24,771

26,777

69,898

NET BOOK VALUE

At 31 December 2025

3,432

72,615

2,942

78,989

At 31 December 2024

4,037

3,278

3,385

10,700

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

50

At 31 December 2025

50

NET BOOK VALUE

At 31 December 2025

50

Fixed asset investments consists of the ownership of a subsidiary company, Niton Developments Limited, which is 50% owned by IOW Residential Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,981

12,407

Amounts owed by group undertakings

150,000

-

Related company loans

49,965

515

Other debtors

2,811

827

219,757

13,749

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,833

6,944

Hire purchase contracts

8,178

-

Trade creditors

16,881

13,096

Taxation and social security

83,546

71,309

Other creditors

25,019

22,073

139,457

113,422

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

23,333

27,778

Hire purchase contracts

58,905

-

82,238

27,778

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors, K Trigg and L Trigg, hold a joint directors loan and at the year end the company owes the directors £17,574 (2024 - £15,843).

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed the following amounts from companies under common control of the directors:

IOW Developments Limited £2,115

Niton Investments Limited £43,500

Farnhamhomes Limited £50

LASK 2017 Limited £2,950

Niton Holdings Limited £850

Niton Properties Limited £500

At the balance sheet date, an amount of £150,000 was owed to the company by Niton Developments Limited, a 50% subsidiary company of IOW Residential Limited.

11.	ULTIMATE CONTROLLING PARTY

The directors, Keith and Lisa Trigg, are the controlling party via their 100% share ownership of the issued share capital.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of IOW Residential Limited for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of IOW Residential Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IOW Residential Limited and state those matters that we have agreed to state to the Board of Directors of IOW Residential Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IOW Residential Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that IOW Residential Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of IOW Residential Limited. You consider that IOW Residential Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of IOW Residential Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Harrison Black Limited

East Quay

Kite Hill

Wootton Bridge

Isle of Wight

PO33 4LA

Date: .............................................