Assess Ireland Limited iXBRL

Company Registration Number: NI675021

Assess Ireland Limited

Director's Report and Unaudited Financial Statements

for the financial year ended 31 December 2025

Assess Ireland Limited

DIRECTOR AND OTHER INFORMATION


Director	Conor Deasy


Company Secretary	Padraig O'Sullivan


Company Registration Number	NI675021


Registered Office and Business Address	C/O Tughans Llp, The Ewart, 3 Bedford Square,
	Belfast
	Antrim
	BT2 7EP


Accountants	CSG Professional Services UK Ltd.
	Chartered Accountants
	3 Day Place
	Tralee
	Co.Kerry


Bankers	Bank of Ireland UK
	7 Townhall Street
	Enniskillen
	BT74 7BD
	United Kingdom

Assess Ireland 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 company principal activity is that of engineer assessors for assessment of damaged claims on behalf of insurance commpanies and the general public.

Results and Dividends

The profit/(loss) for the financial year after providing for taxation amounted to £7,080 (2024 - £(1,506)).

Director

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

Conor Deasy

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

Political Contributions

The company 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" Section 1A (Small Entities). 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

___________________________

Conor Deasy

Director

18 May 2026

Assess Ireland Limited

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of Assess Ireland 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 Profit and Loss Account, the Balance Sheet, the 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 Assess Ireland 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 Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland 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 Assess Ireland 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 Assess Ireland Limited. You consider that Assess Ireland 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 Assess Ireland 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.

__________________________________

CSG PROFESSIONAL SERVICES UK LTD.

Chartered Accountants

3 Day Place

Tralee

Co.Kerry

18 May 2026

Assess Ireland Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 December 2025

	2025	2024
Notes	£	£

Turnover	69,217	67,681
	─────────	─────────
Gross profit	69,217	67,681

Administrative expenses	(61,126)	(69,187)
	─────────	─────────
Operating profit/(loss)	8,091	(1,506)

Interest payable and similar expenses	(488)	-
	─────────	─────────
Profit/(loss) before taxation	7,603	(1,506)

Tax on profit/(loss)	(523)	-
	─────────	─────────
Profit/(loss) for the financial year	7,080	(1,506)
	─────────	─────────
Total comprehensive income	7,080	(1,506)
	═════════	═════════

Assess Ireland Limited

Company Registration Number: NI675021

BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Current Assets

Debtors

5,717

4,236

Cash and cash equivalents

7,002

3,332

─────────

12,719

7,568

─────────

Creditors: amounts falling due within one year

(11,485)

(13,414)

─────────

Net Current Assets/(Liabilities)

1,234

(5,846)

─────────

Total Assets less Current Liabilities

1,234

(5,846)

═════════

Capital and Reserves

Called up share capital

Retained earnings

1,233

(5,847)

─────────

Equity attributable to owners of the company

1,234

(5,846)

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

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 18 May 2026



________________________________
Conor Deasy
Director

Assess Ireland Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 December 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2024	1	(4,341)	(4,340)
	─────────	─────────	─────────
Loss for the financial year	-	(1,506)	(1,506)
	─────────	─────────	─────────
At 31 December 2024	1	(5,847)	(5,846)
	─────────	─────────	─────────
Profit for the financial year	-	7,080	7,080
	─────────	─────────	─────────
At 31 December 2025	1	1,233	1,234
	═════════	═════════	═════════

Assess Ireland Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Assess Ireland Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI675021. The registered office of the company is C/O Tughans Llp, The Ewart, 3 Bedford Square,, Belfast, Antrim, BT2 7EP which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. 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 company'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 provisions of FRS 102 Section 1A (Small Entities) and 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.

Turnover

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

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.

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.

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.

Ordinary share capital

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

Employees

The average monthly number of employees, including director, during the financial year was 2, (2024 - 2).


4.	Debtors	2025	2024
		£	£

	Trade debtors	-	13
	Taxation (Note 6)	3,441	1,979
	Prepayments and accrued income	2,276	2,244
		─────────	─────────
		5,717	4,236
		═════════	═════════

	All debtors are due within one year. Debtors are shown net of impairment for bad debts of €Nil (2024: €Nil). Bad debts expensed to the profit and loss in the year was €Nil (2024: €Nil)

Creditors

2025

2024

Amounts falling due within one year

Trade creditors

1,829

2,556

Amounts owed to group undertakings

6,575

6,575

Taxation (Note 6)

1,223

612

Accruals

1,858

3,671

─────────

11,485

13,414

═════════

The repayment terms of trade creditors vary between on demand and ninety days. No interest is payable on trade creditors.

Amounts due to group company is unsecured, interest free and repayable on demand.

Tax and social insurance are subject to the terms of the relevant legislation. Interest accrues on late payment. No interest was due at the financial year end date.

The terms of the accruals are based on the underlying contracts


6.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	3,441	1,979
		═════════	═════════
	Creditors:
	Corporation tax	523	-
	PAYE / NI	700	612
		─────────	─────────
		1,223	612
		═════════	═════════

Capital commitments

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

Related party transactions

The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.

Parent company

The company regards Motor Assess Ireland Limited as its parent company. The ultimate controlling party is Gackad Limited The group is exempt from producing group accounts.

10.

Post-Balance Sheet Events

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