IBRAHIM AND ADAM LIMITED

	Registered number
	05887435

	IBRAHIM AND ADAM LIMITED
	Unaudited Accounts
	for the year ended
	31 December 2025

IBRAHIM AND ADAM LIMITED Balance Sheet as at 31 December 2025
	Notes		2025 £		2024 £
Fixed assets
Intangible assets	3		5,750		11,500
Tangible assets	4		69,958		49,218
			75,708		60,718

Current assets
Stocks		5,000		5,000
Debtors	5	7,519		6,000
Cash at bank and in hand		43,268		43,698
		55,787		54,698

Creditors: amounts falling due within one year	6	(11,035)		(18,924)

Net current assets / (liabilities)			44,752		35,774

Total assets less current liabilities			120,460		96,492

Creditors: amounts falling due after more than one year	7		(5,525)		(0)

Provisions for liabilities			(13,292)		(9,351)

Accruals and deferred income			(9,838)		(12,290)

Total net assets (liabilities)			91,805		74,851

Capital and reserves
Called up share capital	8		1,000		1,000
Profit and loss account			90,805		73,851
Shareholders' funds			91,805		74,851

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr T Butt

Director

Approved by the board on 18 September 2026

Company Number: 05887435 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

90 Main Street, Menston
Ilkley
West Yorkshire
LS29 6HY

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
	Changes in accounting standards, policies and estimates The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.

	Going concern basis
	The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Fixtures, fittings, tools & equipment

15% Reducing Balance

	Intangible fixed assets
	Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.

	Stocks
	Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Stocks

Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

	Leases and hire purchase contracts
	Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are are included in creditors net of finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.

Leases and hire purchase contracts

Assets obtained under hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful economic lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are are included in creditors net of finance charges allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the lease term.

	Financial instruments
	Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

Employees
	2025	2024
Average number of employees during the period	5	5

Intangible fixed assets
	Goodwill	Total
Cost	£	£
At 1 January 2025	115,000	115,000
At 31 December 2025	115,000	115,000
Amortisation
At 1 January 2025	103,500	103,500
Provided during the period	5,750	5,750
At 31 December 2025	109,250	109,250
Net book value
At 31 December 2025	5,750	5,750
At 31 December 2024	11,500	11,500

Tangible fixed assets
	Fixtures, fittings, tools & equipment	Total
Cost or valuation	£	£
At 1 January 2025	135,960	135,960
Additions	33,085	33,085
At 31 December 2025	169,045	169,045
Depreciation
At 1 January 2025	86,742	86,742
Charge for the period	12,345	12,345
At 31 December 2025	99,087	99,087
Net book value
At 31 December 2025	69,958	69,958
At 31 December 2024	49,218	49,218

Debtors
	2025	2024
	£	£
Other debtors	7,519	6,000
	7,519	6,000

Creditors: amounts falling due within one year
	2025	2024
	£	£
Taxation & social security	5,572	17,960
Other creditors	5,463	964
	11,035	18,924

Creditors: amounts falling due after one year
	2025	2024
	£	£
Other	5,525	0
	5,525	0

Share capital
	2025	2024
	£	£
Allotted, called up and fully paid:
100 (2024: 100) A Ordinary shares of £1.00 each	100	100

Allotted, called up and fully paid:
100 (2024: 100) B Ordinary shares of £1.00 each	100	100

Allotted, called up and fully paid:
100 (2024: 100) C Ordinary shares of £1.00 each	100	100

Allotted, called up and fully paid:
700 (2024: 700) Ordinary shares of £1.00 each	700	700

	1,000	1,000