Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr A Petas 26/02/2021 Mrs D Petas 26/02/2021 Mr P Petas 13/08/2020 06 November 2023 The principal activity of the company is construction of domestic buildings. 12811164 2023-03-31 12811164 bus:Director1 2023-03-31 12811164 bus:Director2 2023-03-31 12811164 bus:Director3 2023-03-31 12811164 2022-03-31 12811164 core:CurrentFinancialInstruments 2023-03-31 12811164 core:CurrentFinancialInstruments 2022-03-31 12811164 core:ShareCapital 2023-03-31 12811164 core:ShareCapital 2022-03-31 12811164 core:RetainedEarningsAccumulatedLosses 2023-03-31 12811164 core:RetainedEarningsAccumulatedLosses 2022-03-31 12811164 core:Vehicles 2022-03-31 12811164 core:Vehicles 2023-03-31 12811164 bus:OrdinaryShareClass1 2023-03-31 12811164 bus:OrdinaryShareClass2 2023-03-31 12811164 bus:OrdinaryShareClass3 2023-03-31 12811164 2022-04-01 2023-03-31 12811164 bus:FullAccounts 2022-04-01 2023-03-31 12811164 bus:SmallEntities 2022-04-01 2023-03-31 12811164 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 12811164 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12811164 bus:Director1 2022-04-01 2023-03-31 12811164 bus:Director2 2022-04-01 2023-03-31 12811164 bus:Director3 2022-04-01 2023-03-31 12811164 core:Vehicles core:TopRangeValue 2022-04-01 2023-03-31 12811164 2021-04-01 2022-03-31 12811164 core:Vehicles 2022-04-01 2023-03-31 12811164 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 12811164 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 12811164 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 12811164 bus:OrdinaryShareClass2 2021-04-01 2022-03-31 12811164 bus:OrdinaryShareClass3 2022-04-01 2023-03-31 12811164 bus:OrdinaryShareClass3 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 12811164 (England and Wales)

INTEGRUM CONSTRUCTION LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

INTEGRUM CONSTRUCTION LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

INTEGRUM CONSTRUCTION LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
INTEGRUM CONSTRUCTION LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTORS Mr A Petas
Mrs D Petas
Mr P Petas
REGISTERED OFFICE 36 Redbrook Close
Paignton
TQ4 7NU
United Kingdom
COMPANY NUMBER 12811164 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
INTEGRUM CONSTRUCTION LIMITED

BALANCE SHEET

As at 31 March 2023
INTEGRUM CONSTRUCTION LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 30,500 30,863
30,500 30,863
Current assets
Stocks 0 7,083
Debtors 4 116,992 39,768
Cash at bank and in hand 70,196 38,202
187,188 85,053
Creditors: amounts falling due within one year 5 ( 183,809) ( 159,076)
Net current assets/(liabilities) 3,379 (74,023)
Total assets less current liabilities 33,879 (43,160)
Provision for liabilities ( 5,229) 10,700
Net assets/(liabilities) 28,650 ( 32,460)
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 28,550 ( 32,560 )
Total shareholders' funds/(deficit) 28,650 ( 32,460)

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Integrum Construction Limited (registered number: 12811164) were approved and authorised for issue by the Board of Directors on 06 November 2023. They were signed on its behalf by:

Mr P Petas
Director
INTEGRUM CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
INTEGRUM CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Integrum Construction Limited (the Company) 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 the Company's registered office is 36 Redbrook Close, Paignton, TQ4 7NU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax. The company recognises revenue based on its value of the services provided to the date.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line/reducing balance basis over its expected useful life, as follows:

Vehicles 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

The cost of finished goods and work in progress comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to it's selling price less costs to complete and sell; the impairment loss is recognised immediately in profit and loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Vehicles Total
£ £
Cost
At 01 April 2022 38,612 38,612
Additions 9,200 9,200
At 31 March 2023 47,812 47,812
Accumulated depreciation
At 01 April 2022 7,749 7,749
Charge for the financial year 9,563 9,563
At 31 March 2023 17,312 17,312
Net book value
At 31 March 2023 30,500 30,500
At 31 March 2022 30,863 30,863

4. Debtors

2023 2022
£ £
Trade debtors 47,008 17,778
Other debtors 69,984 21,990
116,992 39,768

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 33,521 10,148
Amounts owed to directors 111,479 116,627
Accruals and deferred income 16,541 4,000
Taxation and social security 22,268 25,343
Other creditors 0 2,958
183,809 159,076

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
60 Ordinary A shares of £ 1.00 each 60 60
20 Ordinary B shares of £ 1.00 each 20 20
20 Ordinary C shares of £ 1.00 each 20 20
100 100