IRIS Accounts Production v23.3.0.418 06607674 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false false true false Ordinary Shares 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066076742022-06-30066076742023-06-30066076742022-07-012023-06-30066076742021-06-30066076742021-07-012022-06-30066076742022-06-3006607674ns10:Originalns15:EnglandWales2022-07-012023-06-3006607674ns14:PoundSterlingns10:Original2022-07-012023-06-3006607674ns10:Originalns10:Director12022-07-012023-06-3006607674ns10:Original2022-07-012023-06-3006607674ns10:Original2023-06-3006607674ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3006607674ns10:Originalns10:SmallEntities2022-07-012023-06-3006607674ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3006607674ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3006607674ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3006607674ns10:Originalns10:FullAccounts2022-07-012023-06-3006607674ns10:Original12022-07-012023-06-3006607674ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3006607674ns10:Originalns10:OrdinaryShareClass22022-07-012023-06-3006607674ns10:Originalns10:Director22022-07-012023-06-3006607674ns10:Originalns10:RegisteredOffice2022-07-012023-06-3006607674ns10:Original2022-06-3006607674ns10:Originalns5:CurrentFinancialInstruments2023-06-3006607674ns10:Originalns5:CurrentFinancialInstruments2022-06-3006607674ns5:ShareCapitalns10:Original2023-06-3006607674ns5:ShareCapitalns10:Original2022-06-3006607674ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3006607674ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3006607674ns10:Originalns5:ComputerSoftware2022-07-012023-06-3006607674ns10:Originalns5:ComputerEquipment2022-07-012023-06-3006607674ns10:Original2021-07-012022-06-3006607674ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3006607674ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-06-3006607674ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3006607674ns10:Originalns5:ComputerEquipment2022-06-3006607674ns10:Originalns5:ComputerEquipment2023-06-3006607674ns10:Originalns5:ComputerEquipment2022-06-3006607674ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3006607674ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3006607674ns10:Originalns10:OrdinaryShareClass12023-06-3006607674ns10:Originalns10:OrdinaryShareClass22023-06-30
REGISTERED NUMBER: 06607674 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

I-PARTNERS INSURANCE MANAGEMENT LIMITED

I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


I-PARTNERS INSURANCE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mr D I Hall
Mr J R Houlder





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 06607674 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 75 100
75 100

CURRENT ASSETS
Debtors 6 79,249 13,707
Cash at bank 15,394 32,564
94,643 46,271
CREDITORS
Amounts falling due within one year 7 18,023 30,312
NET CURRENT ASSETS 76,620 15,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,695

16,059

CAPITAL AND RESERVES
Called up share capital 8 8 8
Retained earnings 76,687 16,051
SHAREHOLDERS' FUNDS 76,695 16,059

I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





Mr D I Hall - Director


I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

I-Partners Insurance Management 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.

TURNOVER
Turnover represents the value of work performed during the year with respect to services.

SOFTWARE DEVELOPMENT COSTS
Software development costs incurred have been capitalised and have been amortised over their useful economic life of 3 years on a straight line basis.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 1 July 2022
and 30 June 2023 13,926
Amortisation
At 1 July 2022
and 30 June 2023 13,926
Net book value
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1 July 2022
and 30 June 2023 1,778
Depreciation
At 1 July 2022 1,678
Charge for year 25
At 30 June 2023 1,703
Net book value
At 30 June 2023 75
At 30 June 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,547 13,005
Other debtors 67,702 702
79,249 13,707

I-PARTNERS INSURANCE MANAGEMENT LIMITED (REGISTERED NUMBER: 06607674)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 15,840 27,924
Other creditors 2,183 2,388
18,023 30,312

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
6 Ordinary Shares £1 6 6
2 Ordinary B Shares £1 2 2
8 8