ACCOUNTS - Final Accounts

Registered number: 08480300

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	G. F. W. IRVIN LIMITED


G. F. W. IRVIN LIMITED

COMPANY INFORMATION

Director	G F W Irvin


Registered number	08480300


Registered office	2nd Floor Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ

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G. F. W. IRVIN LIMITED REGISTERED NUMBER:08480300

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Investment property	5		300,000		300,000
			300,000		300,000
Current assets
Debtors: amounts falling due within one year	6	178,693		178,660
Cash at bank and in hand		36,292		22,638
		214,985		201,298
Creditors: amounts falling due within one year	7	(241,354)		(248,082)
Net current liabilities			(26,369)		(46,784)
Total assets less current liabilities			273,631		253,216
Creditors: amounts falling due after more than one year	8		-		(3,334)
Provisions for liabilities
Deferred tax		(11,432)		-
			(11,432)		-
Net assets			262,199		249,882

Capital and reserves
Called up share capital	100	100
Profit and loss account	262,099	249,782
	262,199	249,882

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G. F. W. IRVIN LIMITED REGISTERED NUMBER:08480300

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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

G F W Irvin

Director

Date: 29 October 2026

The notes on pages 4 to 7 form part of these financial statements.

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G. F. W. IRVIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

G. F. W. Irvin Limited 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 its registered office which is also the principal place of business is disclosed on the company information page.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.4

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

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G. F. W. IRVIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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G. F. W. IRVIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 February 2025	52,500
	At 31 January 2026	52,500
	Amortisation
	At 1 February 2025	52,500
	At 31 January 2026	52,500
	Net book value
	At 31 January 2026	-
	At 31 January 2025	-

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	300,000
	At 31 January 2026	300,000

The 2026 valuations were made by the director, on an open market value basis.

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G. F. W. IRVIN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Other debtors	175,000	175,000
Prepayments and accrued income	3,693	3,660
	178,693	178,660

7.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Bank loans	3,334	10,000
Corporation tax	7,917	7,693
Other creditors	226,743	226,743
Accruals and deferred income	3,360	3,646
	241,354	248,082

8.	Creditors: amounts falling due after more than one year
		2026	2025
		£	£

Bank loans	-	3,334
	-	3,334

9.	Transactions with directors

At the balance sheet date, included within other creditors is an amount due to the director totalling £87,923 (2025 - £87,923). No interest was charged on this loan during the year.

10.	Related party transactions
	At the balance sheet date, included within other creditors is an amount the Company owed totalling £138,820 (2025 - £138,820) to George Irvin (Amusements) Limited, a company in which the director holds shares. This balance represents a loan which is unsecured, interest-free, and repayable on demand.

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