Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-04-13The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalseNo description of principal activity1truefalse 14799180 2023-04-12 14799180 2023-04-13 2023-12-31 14799180 2022-04-13 2023-04-12 14799180 2023-12-31 14799180 c:Director1 2023-04-13 2023-12-31 14799180 d:CurrentFinancialInstruments 2023-12-31 14799180 d:Non-currentFinancialInstruments 2023-12-31 14799180 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14799180 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14799180 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 14799180 d:ShareCapital 2023-12-31 14799180 d:RetainedEarningsAccumulatedLosses 2023-12-31 14799180 c:OrdinaryShareClass1 2023-04-13 2023-12-31 14799180 c:OrdinaryShareClass1 2023-12-31 14799180 c:FRS102 2023-04-13 2023-12-31 14799180 c:AuditExempt-NoAccountantsReport 2023-04-13 2023-12-31 14799180 c:FullAccounts 2023-04-13 2023-12-31 14799180 c:PrivateLimitedCompanyLtd 2023-04-13 2023-12-31 14799180 e:PoundSterling 2023-04-13 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14799180









INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
REGISTERED NUMBER: 14799180

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
Note
£
£

  

Current assets
  

Stocks
 4 
2,837,706

Debtors: amounts falling due within one year
 5 
610,220

Cash at bank and in hand
 6 
134,918

  
3,582,844

Creditors: amounts falling due within one year
 7 
(1,446,708)

Net current assets
  
 
 
2,136,136

Total assets less current liabilities
  
2,136,136

Creditors: amounts falling due after more than one year
 8 
(2,454,378)

  

Net liabilities
  
(318,242)


Capital and reserves
  

Called up share capital 
 10 
1

Profit and loss account
  
(318,243)

Total equity
  
(318,242)


Page 1

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
REGISTERED NUMBER: 14799180
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M Walsh
Director

Date: 19 August 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Integritas Property Group (IPG) Number 9 Ltd is a private company limited by shares. The Company is incorporated in England and Wales and the registered office is 29-31 Seymour Terrace, Seymour Street, Liverpool, England, L3 5PE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

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

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 4

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Stocks

2023
£

Property stock
2,837,706



5.


Debtors

2023
£


Amounts owed by group undertakings
10,686

Other debtors
599,534

610,220



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
134,918



7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
9,018

Amounts owed to group undertakings
35,000

Other creditors
1,402,690

1,446,708


Page 5

 
INTEGRITAS PROPERTY GROUP (IPG) NUMBER 9 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due after more than one year

2023
£

Other loans
2,454,378


The following liabilities were secured:

2023
£



Other loans
2,454,378

Details of security provided:

The loan is secured by a fixed charge over the property and a floating charge over the property and undertakings of the company.


9.


Loans


Analysis of the maturity of loans is given below:


2023
£


Amounts falling due 1-2 years

Other loans
2,454,378



10.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


On incorporation, 1 ordinary share of £1.00 was issued at par to form the initial capital base of the company.


11.


Controlling party

The immediate parent undertaking is Integritas Property Group (IPG) Limited, a company incorporated in England and Wales and the registered office is 29-31 Seymour Terrace, Seymour Street, Liverpool L3 5PE.

 
Page 6