REGISTERED NUMBER: 06366195 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Ian Torr Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr I Torr

SECRETARY:

Mrs J C Torr

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

06366195 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

-

28,333

Investments

5

56,825

51,637

56,825

79,970

CURRENT ASSETS

Debtors

6

59,900

54,209

Cash at bank

237,723

247,676

297,623

301,885

CREDITORS

Amounts falling due within one year

7

1,442

1,625

NET CURRENT ASSETS

296,181

300,260

TOTAL ASSETS LESS CURRENT LIABILITIES

353,006

380,230

PROVISIONS FOR LIABILITIES

5,182

-

NET ASSETS

347,824

380,230

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

15,546

15,402

Retained earnings

332,178

364,728

347,824

380,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 July 2026 and were signed by:

Mr I Torr - Director

1.	STATUTORY INFORMATION

Ian Torr 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 as modified by the revaluation of certain assets.

Goodwill

Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - twenty years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments

Investments are included at fair value. Changes in fair value are recognised in the Fair value reserve account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

200,000

Disposals

(200,000

)

At 30 November 2025

-

AMORTISATION

At 1 December 2024

171,667

Eliminated on disposal

(171,667

)

At 30 November 2025

-

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

28,333

Goodwill arose on the purchase of the company's share in a solicitors partnership.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 December 2024

51,637

Disposals

(138

)

Revaluations

5,326

At 30 November 2025

56,825

NET BOOK VALUE

At 30 November 2025

56,825

At 30 November 2024

51,637

Cost or valuation at 30 November 2025 is represented by:

Other

investments

£

Valuation in 2017

19

Valuation in 2018

1,730

Valuation in 2019

3,037

Valuation in 2020

(174

)

Valuation in 2021

5,323

Valuation in 2022

(4,627

)

Valuation in 2023

3,283

Valuation in 2024

6,810

Valuation in 2025

5,326

Cost

36,098

56,825

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Due from partnership

-

27,416

Due from EE Cleaning Ltd

16,000

16,000

Directors' current accounts

43,900

10,793

59,900

54,209

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

302

425

Accruals and deferred income

1,140

1,200

1,442

1,625

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2025 £

2024 £

55

Ordinary A

£1

55

55

45

Ordinary B

£1

45

45

100

100

9.

RESERVES

Fair

value

reserve

£

At 1 December 2024

15,402

Unrealised surplus on revaluation of Fixed asset investments

5,326

Deferred tax

(5,182

)

At 30 November 2025

15,546

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

2025

2024

£

£

Mr I Torr

Balance outstanding at start of year

10,793

92,456

Amounts advanced

152,844

11,139

Amounts repaid

(119,735

)

(92,802

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,902

10,793

Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% to 5th April 2025, and 3.75% thereafter.

The full loan balance was repaid within nine months of the year end.