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REGISTERED NUMBER: 09322707 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Intqual-Pro Limited

Intqual-Pro Limited (Registered number: 09322707)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Intqual-Pro Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: B Searle
R Kaciniel
M Burton





REGISTERED OFFICE: 2 Appley Court
Haynes
Bedford
Bedfordshire
MK45 3QQ





REGISTERED NUMBER: 09322707 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

Intqual-Pro Limited (Registered number: 09322707)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,775 8,770
Investments 5 140,000 140,000
152,775 148,770

CURRENT ASSETS
Stocks 72,159 127,059
Debtors 6 31,976 30,520
Cash at bank 54,081 55,463
158,216 213,042
CREDITORS
Amounts falling due within one year 7 35,635 103,166
NET CURRENT ASSETS 122,581 109,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,356

258,646

CREDITORS
Amounts falling due after more than
one year

8

(31,667

)

(41,126

)

PROVISIONS FOR LIABILITIES 9 - (1,667 )
NET ASSETS 243,689 215,853

Intqual-Pro Limited (Registered number: 09322707)

Balance Sheet - continued
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 243,589 215,753
SHAREHOLDERS' FUNDS 243,689 215,853

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 March 2024 and were signed on its behalf by:





B Searle - Director


Intqual-Pro Limited (Registered number: 09322707)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Intqual-Pro 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


Intqual-Pro Limited (Registered number: 09322707)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022 14,561 26,956 41,517
Additions 7,650 - 7,650
At 30 November 2023 22,211 26,956 49,167
DEPRECIATION
At 1 December 2022 8,564 24,183 32,747
Charge for year 2,730 915 3,645
At 30 November 2023 11,294 25,098 36,392
NET BOOK VALUE
At 30 November 2023 10,917 1,858 12,775
At 30 November 2022 5,997 2,773 8,770

Intqual-Pro Limited (Registered number: 09322707)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2022
and 30 November 2023 140,000
NET BOOK VALUE
At 30 November 2023 140,000
At 30 November 2022 140,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 31,976 30,520

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 6,295 5,947
Tax (15,801 ) 23,256
Social security and other taxes 9,135 13,157
VAT 13,526 22,371
Other creditors 12,170 26,677
Directors' current accounts 437 6,305
Accrued expenses 9,873 5,453
35,635 103,166

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 31,667 41,126

9. PROVISIONS FOR LIABILITIES
30.11.22
£   
Deferred tax 1,667

Intqual-Pro Limited (Registered number: 09322707)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 1,667
Credit to Income Statement during year (9,308 )
Balance at 30 November 2023 (7,641 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 December 2022 215,753
Profit for the year 113,336
Dividends (85,500 )
At 30 November 2023 243,589

12. ULTIMATE CONTROLLING PARTY

The controlling party is B Searle.

13. DIVIDEND INCOME

Intqual-Pro Ltd retains the majority shareholding in Intelligentia Training Limited from which it receives dividends.

Intelligentia Training Limited is an independently controlled and financed company providing complimentary services in apprenticeship delivery.