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08943490falsethat of providing consultancy2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director12025-01-012025-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-01-012025-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22025-01-012025-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-01-012025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FRS1022025-01-012025-12-31http://www.companieshouse.gov.uk/2025-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-01-012025-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 08943490






International Precious Metals Limited


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025
























Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025





DIRECTORS
J Vakis


REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08943490



ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		42,878		54,811

CURRENT ASSETS
Stock		354,224		443,396
Debtors	4	391,845		-
Cash at bank and in hand		786		25,448
		746,855		468,844
CREDITORS: Amounts falling due within one year	5	1,914,625		1,449,350
NET CURRENT LIABILITIES			(1,167,770)		(980,506)
TOTAL ASSETS LESS CURRENT LIABILITIES			(1,124,892)		(925,695)


CREDITORS: Amounts falling due after more than one year	6		21,723		27,997

NET LIABILITIES			(1,146,615)		(953,692)

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			(1,146,715)		(953,792)
SHAREHOLDERS' FUNDS			(1,146,615)		(953,692)

For the year ending 31 December 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 3 November 2026 and signed on their behalf by



.............................
J Vakis
Director


1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant And Machinery		reducing balance25%


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1b. Going Concern
At the balance sheet date, the company had net liabilities of £1,146,615. However, included in creditors was £1,880,174 owed to the directors and other creditors. With the continued support of the directors and other creditors, the directors believe the company to be a going concern.


1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks 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 of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1e. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.


1f. Turnover
Turnover is derived from sales of precious metals and consultancy services supplied by the company, net of value added tax and trade discounts and is recognised when sales are rendered.


1g. Statutory Information
International Precious Metals Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 08943490 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, TW7 4PU.


1h. Financial Instruments
The company only enters into basic financial instruments 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.


2. TANGIBLE FIXED ASSETS

	Plant and
	Machinery	Total
	£	£
Cost
At 1 January 2025	82,814	82,814
Additions	3,333	3,333
Disposals	(1,919)	(1,919)
At 31 December 2025	84,228	84,228
Depreciation
At 1 January 2025	28,003	28,003
Disposals	(1,424)	(1,424)
For the year	14,771	14,771
At 31 December 2025	41,350	41,350
Net Book Amounts
At 31 December 2025	42,878	42,878
At 31 December 2024	54,811	54,811


3. STOCK	2025	2024
	£	£
Stock comprises:

Stock	354,224	443,396
	354,224	443,396


4. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Other debtors	391,845	-
	391,845	-


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
Taxation and social security	-	7,405
Salaries and wages control	16,929	13,541
Directors current account	437,733	357,566
Bank Loan	7,084	7,084
Trade creditors	9,118	240
Other creditors	1,442,441	1,061,378
Accruals	1,320	2,136
	1,914,625	1,449,350


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (unsecured) >1yr	21,723	27,997
	21,723	27,997


7. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	4	4


9. CONTROLLING PARTY
The company is under control of J. Vakis, by virtue of his shareholding in the company.


8. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
51 Ordinary A shares of £1.00 each	51	51
49 Ordinary B shares of £1.00 each	49	49
	100	100