Registered number:
UNAUDITED
FOR THE YEAR ENDED 31 MARCH 2022
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IR 2018 LIMITED
COMPANY INFORMATION
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IR 2018 LIMITED
CONTENTS
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IR 2018 LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The director presents her report and the financial statements for the year ended 31 March 2022.
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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 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 she 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 for the Company's financial statements and then apply them consistently;
∙
make judgments and accounting estimates that are reasonable and prudent;
∙
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙
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 to enable her to ensure that the financial statements comply with the Companies Act 2006. She 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.
Notwithstanding the deficiency of assets of £41,070 (2021: £40,985), the financial statements have been prepared on the going concern basis because the company’s shareholder is committed to providing continued financial support.
The director who served during the year was:
In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
Page 1
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IR 2018 LIMITED
DIRECTOR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
This report was approved by the board and signed on its behalf.
Page 2
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IR 2018 LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF IR 2018 LIMITED
FOR THE YEAR ENDED 31 MARCH 2022
Windsor House
Station Court
Station Road
Cambridge
CB22 5NE
Page 3
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IR 2018 LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2022
Page 4
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IR 2018 LIMITED
REGISTERED NUMBER:
04265329
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2022
The financial statements were approved and authorised for issue by the board and were signed on its behalf by
:
The notes on pages 7 to 9 form part of these financial statements.
Page 5
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IR 2018 LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED
31 MARCH 2022
Page 6
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IR 2018 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
IR 2018 Limited is a private company limited by shares and incorporated in England and Wales.
Registered number: 04265329. Its registered head office is located at c/o BCS Windsor House, Station Court, Station Road, Great Shelford, Cambridgeshire, England, CB22 5NE.
2.
Accounting policies
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 following principal accounting policies have been applied:
Notwithstanding the deficiency of assets of £41,070 (2021: £40,985), the financial statements have been prepared on the going concern basis because the company’s shareholder is committed to providing continued financial support.
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.
Page 7
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IR 2018 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Page 8
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IR 2018 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
The immediate and ultimate parent undertaking of this company is Revolo Biotherapeutics Limited (previously known as Immune Regulation Limited).
Group accounts are available from c/o BCS Windsor House, Station Court, Station Road, Great Shelford, Cambridgeshire, England, CB22 5NE. There is no controlling party of the Group.
Page 9
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