Company No: 07659499 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	4	311,299		233,577
		311,299		233,577
Current assets
Debtors	5	563,072		384,558
Cash at bank and in hand		862,060		541,252
		1,425,132		925,810
Creditors: amounts falling due within one year	6	( 734,115)		( 388,428)
Net current assets		691,017		537,382
Total assets less current liabilities		1,002,316		770,959
Creditors: amounts falling due after more than one year	7	( 92,492)		( 110,731)
Provision for liabilities	8, 9	( 77,246)		( 58,394)
Net assets		832,578		601,834
Capital and reserves
Called-up share capital	10	100		100
Profit and loss account		832,478		601,734
Total shareholders' funds		832,578		601,834

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Intelligent Waste Management Limited (registered number: 07659499) were approved and authorised for issue by the Board of Directors on 27 August 2026. They were signed on its behalf by:

Sam Adrian Mountain Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Intelligent Waste Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1st Floor, Forest View, Crockford Lane, Chineham Business Park, Chineham, Basingstoke, Hampshire, RG24 8QZ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Plant and machinery	25 % reducing balance
	5 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Computer equipment	25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	36		34

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 June 2025	9,333		15,825		389,095		9,644		35,342		459,239
Additions	5,228		90,932		72,441		0		1,991		170,592
Disposals	0		( 5,136)		( 42,795)		0		( 2,746)		( 50,677)
At 31 May 2026	14,561		101,621		418,741		9,644		34,587		579,154
Accumulated depreciation
At 01 June 2025	1,167		11,079		183,943		4,995		24,478		225,662
Charge for the financial year	1,766		9,674		57,302		1,162		2,936		72,840
Disposals	0		( 2,400)		( 25,613)		0		( 2,634)		( 30,647)
At 31 May 2026	2,933		18,353		215,632		6,157		24,780		267,855
Net book value
At 31 May 2026	11,628		83,268		203,109		3,487		9,807		311,299
At 31 May 2025	8,166		4,746		205,152		4,649		10,864		233,577

5. Debtors

	2026		2025
	£		£
Trade debtors	527,460		355,865
Other debtors	35,612		28,693
	563,072		384,558

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	188,233		109,239
Taxation and social security	267,846		167,650
Obligations under finance leases and hire purchase contracts	102,896		83,873
Other creditors	175,140		27,666
	734,115		388,428

The amounts owed under finance leases and hire purchase contracts are secured on the related assets.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Obligations under finance leases and hire purchase contracts	92,492		110,731

The amounts owed under finance leases and hire purchase contracts are secured on the related assets.

8. Provision for liabilities

	2026		2025
	£		£
Deferred tax	77,246		58,394

9. Deferred tax

	2026		2025
	£		£
At the beginning of financial year	( 58,394)		( 57,167)
Charged to the Profit and Loss Account	( 18,852)		( 1,227)
At the end of financial year	( 77,246)		( 58,394)

10. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 ordinary shares of £ 1.00 each	100		100

11. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Mr S A Mountain	0		0
Balance outstanding at start of year	0		0
Amounts advanced	61,891		0
Amounts repaid	(61,891)		0
Balance outstanding at end of year	0		0
	0		0
Mr S A Prentice	0		0
Balance outstanding at start of year	0		0
Amounts advanced	70,616		0
Amounts repaid	(70,616)		0
Balance outstanding at end of year	0		0

The loans were unsecured with interest charged on overdrawn balances at HMRC approved rates and they were repaid prior to the year end.