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REGISTERED NUMBER: 02312834 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

INTEGRAL INVESTMENTS LIMITED

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTEGRAL INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2022







DIRECTORS: Mrs M Finlay
T J Finlay
Miss C L Finlay





SECRETARY: Mrs M Finlay





REGISTERED OFFICE: 36a Station Road
New Milton
Hampshire
BH25 6JX





REGISTERED NUMBER: 02312834 (England and Wales)





ACCOUNTANTS: David Shores & Co Ltd
36a Station Road
New Milton
Hampshire
BH25 6JX

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

BALANCE SHEET
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 62,592 65,596
Investment property 6 403,200 403,200
465,792 468,796

CURRENT ASSETS
Stocks 31,679 394,558
Debtors 7 18,099 28,700
Cash at bank and in hand 1,170,442 1,290,028
1,220,220 1,713,286
CREDITORS
Amounts falling due within one year 8 76,960 13,630
NET CURRENT ASSETS 1,143,260 1,699,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,609,052

2,168,452

CAPITAL AND RESERVES
Called up share capital 750 1,000
Investment property revaluation reserve 11 109,370 109,370
Capital redemption reserve 250 -
Retained earnings 1,498,682 2,058,082
SHAREHOLDERS' FUNDS 1,609,052 2,168,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

BALANCE SHEET - continued
31 December 2022


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 25 September 2023 and were signed on its behalf by:





Miss C L Finlay - Director


INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Integral Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of goods and services during the year, net of value added tax, where applicable.

Goodwill
Goodwill, being amounts paid in connection with the acquisition of businesses in 2004 and 2006, has been written off.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The investment property fair value of £403,200 (2021 - £403,200) was determined by the directors by reference to current market prices for comparable property, adjusted for any differences in nature, location and condition.

Stocks and work in progress
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Pension costs and other post-retirement benefits
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.

Government grants accounting policy
Revenue grants are recognised on an accrual's basis over the periods in which the company recognises the related costs.

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets 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 found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.


Employment benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2021 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2022
and 31 December 2022 80,318
AMORTISATION
At 1 January 2022
and 31 December 2022 80,318
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2022
and 31 December 2022 100,000 34,065 134,065
DEPRECIATION
At 1 January 2022 38,000 30,469 68,469
Charge for year 2,000 1,004 3,004
At 31 December 2022 40,000 31,473 71,473
NET BOOK VALUE
At 31 December 2022 60,000 2,592 62,592
At 31 December 2021 62,000 3,596 65,596

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 31 December 2022 403,200
NET BOOK VALUE
At 31 December 2022 403,200
At 31 December 2021 403,200

The directors are of the opinion that the current market value of the properties is their value as shown above.

Fair value at 31 December 2022 is represented by:
£   
Valuation in 2013 6,971
Valuation in 2014 37,200
Valuation in 2016 52,699
Valuation in 2017 12,500
Cost 293,830
403,200

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 2,302 2,812
Other debtors 15,797 25,888
18,099 28,700

INTEGRAL INVESTMENTS LIMITED (REGISTERED NUMBER: 02312834)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 6,709 3,745
Other creditors 70,251 9,885
76,960 13,630

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 24,952 24,952
Between one and five years 10,780 35,733
35,732 60,685

10. SECURED DEBTS

Past loan facilities were secured by the following:

A first legal charge over the commercial freehold at 74 & 76 Brookley Road, Brockenhurst dated 10 September 2004.

The bank loans have been repaid but the charge was still in place at the year end.



11. RESERVES
Investment
property
revaluation
reserve
£   
At 1 January 2022
and 31 December 2022 109,370

12. POST BALANCE SHEET EVENTS

The full implications of the Covid-19 outbreak on the Company's assets and trading are as yet unknown and the directors do not therefore feel that there is any requirement to make adjustments to these financial statements.