The Ilex Wood Natural Skin Care Limited iXBRL

The Ilex Wood Natural Skin Care Limited

Director's Report and Unaudited Consolidated Financial Statements

for the financial year ended 31 December 2025

The Ilex Wood Natural Skin Care Limited

DIRECTOR AND OTHER INFORMATION


Director	Holly Coulton-Wood


Company Registration Number	15506370


Registered Office and Business Address	71-75 Shelton Street
	London
	WC2H 9JQ
	United Kingdom


Accountants	ZincBooks
	27 Nettle Gap Close
	Wootton Fields
	Northampton
	NN4 6AH
	GB

The Ilex Wood Natural Skin Care Limited

DIRECTOR'S REPORT

for the financial year ended 31 December 2025

The director presents their report and the unaudited financial statements for the financial year ended 31 December 2025.

Principal Activity

The principal activity of the group is that of the manufacture and sale of natural skin care products.

Director

The director who served during the financial year is as follows:

Holly Coulton-Wood

There were no changes in shareholdings between 31 December 2025 and the date of signing the financial statements.

Political Contributions

The group did not make any disclosable political donations in the current financial year.

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Holly Coulton-Wood

Director

21 September 2026

The Ilex Wood Natural Skin Care Limited

ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of The Ilex Wood Natural Skin Care Limited

for the financial year ended 31 December 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 December 2025 as set out on pages to which comprise the Group Profit and Loss Account, the Group Balance Sheet, the Company Balance Sheet, the Group Statement of Changes in Equity, the Company Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of The Ilex Wood Natural Skin Care Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by and have complied with the relevant ethical guidance laid down by relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet for the year ended 31 December 2025 your duty to ensure that The Ilex Wood Natural Skin Care 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 The Ilex Wood Natural Skin Care Limited. You consider that The Ilex Wood Natural Skin Care Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of The Ilex Wood Natural Skin Care Limited. For this reason, we have not verified the adequacy, 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.

__________________________________

ZINCBOOKS

27 Nettle Gap Close

Wootton Fields

Northampton

NN4 6AH

21 September 2026

The Ilex Wood Natural Skin Care Limited

CONSOLIDATED PROFIT AND LOSS ACCOUNT

for the financial year ended 31 December 2025

	2025	2024
Notes	£	£

Turnover		1,264,389	1,101,012

Cost of sales		(622,036)	(614,276)
		─────────	─────────
Gross profit		642,353	486,736

Distribution costs		(4,195)	(6,005)
Administrative expenses		(594,179)	(429,394)
Other operating income		412	556
		─────────	─────────
Group operating profit		44,391	51,893

Interest payable and similar expenses	3	(17,504)	(33,236)
		─────────	─────────
Profit before taxation		26,887	18,657

Tax on profit	5	(5,626)	(1,465)
		─────────	─────────
Profit for the financial year		21,261	17,192
		─────────	─────────
Total comprehensive income		21,261	17,192
		═════════	═════════

The Ilex Wood Natural Skin Care Limited

Company Registration Number: 15506370

CONSOLIDATED BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

62,402

70,160

Investments

64,028

64,028

─────────

Fixed Assets

126,430

134,188

─────────

Current Assets

Stocks

255,728

100,196

Debtors

56,369

55,726

Cash and cash equivalents

1,940

4,519

─────────

314,037

160,441

─────────

Creditors: amounts falling due within one year

(201,917)

(66,337)

─────────

Net Current Assets

112,120

94,104

─────────

Total Assets less Current Liabilities

238,550

228,292

Creditors:

amounts falling due after more than one year

(128,795)

(139,798)

─────────

Net Assets

109,755

88,494

═════════

Capital and Reserves

Called up share capital

Retained earnings

109,752

88,491

─────────

Equity attributable to owners of the company

109,755

88,494

═════════

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 21 September 2026



________________________________
Holly Coulton-Wood
Director

The Ilex Wood Natural Skin Care Limited

Company Number: 15506370

COMPANY BALANCE SHEET

as at 31 December 2025

	2025	2024
Notes	£	£

Fixed Assets

Investments	8	1	1
		─────────	─────────

Current Assets

Debtors

─────────

Creditors: Amounts falling due within one year

(1)

(1)

─────────

Net Current Assets

─────────

Total Assets less Current Liabilities

═════════

Capital and Reserves

Called up share capital

─────────

Shareholders' Funds

═════════

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.

The director acknowledges their responsibility for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 21 September 2026



________________________________
Holly Coulton-Wood
Director

The Ilex Wood Natural Skin Care Limited

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

as at 31 December 2025

Called up

Retained

Total

share

earnings

capital

At 1 January 2024

71,299

71,300

─────────

Profit for the financial year

17,192

─────────

Net proceeds of equity

Ordinary share issue	2	-	2
	─────────	─────────	─────────
At 31 December 2024	3	88,491	88,494
	─────────	─────────	─────────
Profit for the financial year	-	21,261	21,261
	─────────	─────────	─────────
At 31 December 2025	3	109,752	109,755
	═════════	═════════	═════════

The Ilex Wood Natural Skin Care Limited

COMPANY STATEMENT OF CHANGES IN EQUITY

as at 31 December 2025

Called up

Total

share

capital

At 1 January 2024

─────────

Net proceeds of equity

Ordinary share issue	2	2
	─────────	─────────
At 31 December 2024	2	2
	─────────	─────────
At 31 December 2025	2	2
	═════════	═════════

The Ilex Wood Natural Skin Care Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

The Ilex Wood Natural Skin Care Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 15506370. The registered office of the company is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom which is also the principal place of business of the company. The principal activity of the group is that of the manufacture and sale of natural skin care products. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the group's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Cash flow statement

The company has availed of the exemption in FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

15% Straight line

Fixtures, fittings and equipment

15% Straight line

Motor vehicles

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing

Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Basis of consolidation

The consolidated financial statements include the financial statements of the holding company and all its subsidiary companies made up to 31 December 2025.

Ordinary share capital

The ordinary share capital of the company is presented as equity.


3.	Interest payable and similar expenses	2025	2024
		£	£

	On bank loans and overdrafts	17,504	33,236
		═════════	═════════

Employees

The average monthly number of employees, including director, during the financial year was 8, (2024 - 8).

2025

2024

Number

Number

Staff

═════════

Tax on profit

2025

2024

(a) Analysis of charge in the financial year

Current tax:

Corporation tax at 19.00% (2024 - 19.00%) (Note 5 (b))

5,626

1,465

═════════

(b) Factors affecting tax charge for the financial year

The tax assessed for the financial year differs from the standard rate of corporation tax in United Kingdom 19.00% (2024 - 19.00%). The differences are explained below:

2025

2024

Profit taxable at 19.00%

26,887

18,657

═════════

Profit before tax

multiplied by the standard rate of corporation tax

in United Kingdom at 19.00% (2024 - 19.00%)

5,109

3,545

Effects of:

Expenses not deductible for tax purposes

517

Utilisation of tax losses

(2,080)

─────────

Total tax charge for the financial year (Note 5 (a))

5,626

1,465

═════════

Profit attributable to members of the parent company

In accordance with section 408 of the Companies Act 2006 a separate Profit and Loss Account for the company has not been presented in these financial statements. The profit dealt with in the financial statements of the parent company was £0 (2024, £0).


7.	Tangible assets
	Group
		Plant and	Fixtures,	Motor	Total
		machinery	fittings and	vehicles
			equipment
		£	£	£	£
	Cost
	At 1 January 2025	24,916	11,461	43,569	79,946
	Additions	(142)	-	-	(142)
		─────────	─────────	─────────	─────────
	At 31 December 2025	24,774	11,461	43,569	79,804
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 January 2025	6,337	2,894	555	9,786
	Charge for the financial year	4,760	2,856	-	7,616
		─────────	─────────	─────────	─────────
	At 31 December 2025	11,097	5,750	555	17,402
		─────────	─────────	─────────	─────────
	Net book value
	At 31 December 2025	13,677	5,711	43,014	62,402
		═════════	═════════	═════════	═════════
	At 31 December 2024	18,579	8,567	43,014	70,160
		═════════	═════════	═════════	═════════


8.	Investments
	Group
		Participating	Other	Total
		interests/	investments
		joint ventures

	Investments	£	£	£
	Cost

	At 31 December 2025	1	64,027	64,028
		─────────	─────────	─────────
	Net book value
	At 31 December 2025	1	64,027	64,028
		═════════	═════════	═════════
	At 31 December 2024	1	64,027	64,028
		═════════	═════════	═════════


Company
	Group and	Total
	participating
	interests/
	joint ventures
Investments	£	£
Cost

At 31 December 2025	1	1
	─────────	─────────
Net book value
At 31 December 2025	1	1
	═════════	═════════
At 31 December 2024	1	1
	═════════	═════════

Stocks

2025

2024

Group

Finished goods and goods for resale

255,728

100,196

═════════

The replacement cost of stock did not differ significantly from the figures shown.


10.	Debtors	2025	2024
		£	£

	Group
	Trade debtors	42,356	35,574
	Taxation (Note 13)	608	2,175
	Called up share capital not paid	2	2
	Prepayments and accrued income	13,403	17,975
		─────────	─────────
		56,369	55,726
		═════════	═════════


	2025	2024
	£	£
Company
Called up share capital not paid	2	2
	═════════	═════════


11.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Group
	Trade creditors	(3,587)	1,858
	Taxation (Note 13)	6,294	4,934
	Director's current account	38,655	37,930
	Other creditors	160,051	21,583
	Pension accrual	504	32
		─────────	─────────
		201,917	66,337
		═════════	═════════


	2025	2024
Amounts falling due within one year	£	£

Company
Other creditors	1	1
	═════════	═════════


12.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Group
	Bank loan	61,701	60,799
	Finance leases and hire purchase contracts	67,094	78,999
		─────────	─────────
		128,795	139,798
		═════════	═════════

	Loans
	Repayable between one and two years	15,245	15,245
	Repayable between two and five years	46,456	45,554
		─────────	─────────
		61,701	60,799
		═════════	═════════


	Net obligations under finance leases
	and hire purchase contracts
	Repayable between one and five years	67,094	78,999
		═════════	═════════


13.	Taxation	2025	2024
		£	£
	Group

	Debtors:
	VAT	608	-
	PAYE / NI	-	2,175
		─────────	─────────
		608	2,175
		═════════	═════════
	Creditors:
	VAT	-	4,934
	Corporation tax	5,626	-
	PAYE / NI	668	-
		─────────	─────────
		6,294	4,934
		═════════	═════════

14.

Financial commitments

Group

Total future minimum lease payments under non-cancellable operating leases are as follows:

2025

2024

Due:

Within one year

3,324

3,324

Between one and five years

6,648

9,272

─────────

9,972

12,596

═════════

15.

Capital commitments

Group

The group had no material capital commitments at the financial year-ended 31 December 2025.

Company

The company had no material capital commitments at the financial year-ended 31 December 2025.

16.

Director's advances, credits and guarantees

No loans were made to the director during the year

17.

Post-Balance Sheet Events

There have been no significant events affecting the group since the financial year-end.