IAME Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08179388 (England and Wales)

IAME LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2024 TO 28 FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr A Mornet

Mrs N Cortes Sarkis

Registered office:

69 High Street

London

N14 6LD

Registered number:

08179388 (England and Wales)

Accountants:

Rock Tax & Accounting Ltd

69 High Street

Southgate

London

N14 6LD

Fixed assets

Intangible assets

4

-

Tangible assets

5

10,327

11,096

Investments

6

829

431

11,156

11,527

Current assets

Debtors

7

1,068,917

591,719

Investments

8

745,414

200,000

Cash at bank

3,420,465

4,172,675

5,234,796

4,964,394

Creditors

Amounts falling due within one year

9

486,103

358,038

Net current assets

4,748,693

4,606,356

Total assets less current liabilities

4,759,849

4,617,883

Provisions for liabilities

10

3,873

2,774

Capital and reserves

Called up share capital

2

Retained earnings

4,755,974

4,615,107

Shareholders' funds

4,755,976

4,615,109

4,759,849

4,617,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

Mr A Mornet - Director

1.	Statutory information

Iame Ltd is a private company, Limited by shares, registered in England and Wales, registration number The 08179388. The registered office is 69 High Street, London, England, N14 6LD.

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Development costs are being amortised evenly over their estimated useful life of four years.

Development costs - 25% on cost

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company has entered into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors, creditors and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an impairment loss is recognised in the profit and loss.

Taxation

Taxation for the period 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

Transactions in currencies, other than the functional currency of the company, are recorded at the rate of exchange on the date the transaction occured. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Current asset investments

This includes a cash portfolio held by the company and the amounts have been recognised at amortised cost.

An ESG commitment

1. The nature of IAM Experts UK activities does not result in environmental waste and does not operate in a sector where environmental remediation risks arise. Accordingly, no environmental provisions are required or recognised in these financial statements.

2. Management has assessed the Company's operations and confirms that no legal or constructive obligations exist that would give rise to a provision under FRS 102. No probable outflow of economic resources has been identified and no reliable estimate of any such obligation is applicable.

3. The Company maintains an internal ESG commitment aligned with ethical business practices, good governance, and social responsibility. These principles inform its operational approach and stakeholder interactions.

4. Provisions are recognised when the Company has a present legal or constructive obligation, it is probable that an outflow of economic benefits will be required, and a reliable estimate can be made. Where no present obligation exists, no provision is recognised.

3.	Employees and directors

The average number of employees during the period was 15 (2024 - 13 ) .

4.	Intangible fixed assets

Development

costs

£

Cost

At 1 September 2024

and 28 February 2026

6,800

Amortisation

At 1 September 2024

and 28 February 2026

6,800

Net book value

At 28 February 2026

-

At 31 August 2024

-

5.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

Cost

At 1 September 2024

629

35,291

35,920

Additions

-

10,512

At 28 February 2026

629

45,803

46,432

Depreciation

At 1 September 2024

472

24,352

24,824

Charge for period

157

11,124

11,281

At 28 February 2026

629

35,476

36,105

Net book value

At 28 February 2026

-

10,327

At 31 August 2024

157

10,939

11,096

6.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 September 2024

431

Additions

429

Disposals

(31

)

At 28 February 2026

829

Net book value

At 28 February 2026

829

At 31 August 2024

431

7.

Debtors: amounts falling due within one year

28.2.26

31.8.24

£

Trade debtors

714,837

325,033

Amounts owed by group undertakings

153,418

21,311

Other debtors

-

4,000

Tax

107,801

-

VAT

-

20,901

Prepayments

92,861

118,078

Accrued income

-

102,396

1,068,917

591,719

8.	Current asset investments

28.2.26

31.8.24

£

Other investments

745,414

200,000

9.

Creditors: amounts falling due within one year

28.2.26

31.8.24

£

Trade creditors

259,976

178,781

Amounts owed to group undertakings

429

-

Tax

-

85,964

Pensions payable

2,279

1,923

VAT

83,946

-

Other creditors

7,087

26,677

Directors' current accounts

6,276

5,824

Accrued expenses

126,110

58,869

486,103

358,038

10.	Provisions for liabilities

28.2.26

31.8.24

£

Deferred tax

3,873

2,774

Deferred tax

£

Balance at 1 September 2024

2,774

Provided during period

1,099

Balance at 28 February 2026

3,873

11.	Pension commitments

The company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £2,279. (2024 - £1,923) were due to the fund. They are included in other creditors.