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Registered number: 08677556

My Purchasing Partner Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Forbes Watson Limited
Accountants
The Old Bakery
Green Street
Lytham
Lancashire
FY8 5LG

My Purchasing Partner Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Stephen Quinn
Ray Treacy
REGISTERED OFFICE
Forbes Watson Limited
The Old Bakery
Lytham St. Annes
Lancashire
FY8 5LG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08677556
ACCOUNTANTS
Forbes Watson Limited
Accountants
The Old Bakery
Green Street
Lytham
Lancashire
FY8 5LG

My Purchasing Partner Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

My Purchasing Partner Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets4179,871249,364
CURRENT ASSETS
Debtors53,430,6771,709,572
Cash at bank and in hand1,899,4131,412,789
5,330,0903,122,361
CREDITORS: Amounts falling due within one year61,517,282899,119
NET CURRENT ASSETS3,812,8082,223,242
TOTAL ASSETS LESS CURRENT LIABILITIES3,992,6792,472,606
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account3,992,6772,472,604
SHAREHOLDERS' FUNDS3,992,6792,472,606
For the year ending 31/12/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/06/2024 and signed on their behalf by
.............................
Ray Treacy
Director

My Purchasing Partner Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 33%
Equipmentreducing balance 33%
Motor Carsreducing balance 33%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees1715

My Purchasing Partner Limited

3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
At 01/01/20239,4309,430
Disposals(9,430)(9,430)
At 31/12/2023--
Depreciation
At 01/01/20239,4309,430
Disposals(9,430)(9,430)
At 31/12/2023--
Net Book Amounts
At 31/12/2023--
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/01/202315,255106,477281,335403,067
Additions5,15212,331119,500136,983
Disposals(15,255)(93,969)(111,647)(220,871)
At 31/12/20235,15224,839289,188319,179
Depreciation
At 01/01/202313,27646,38794,040153,703
Disposals(13,276)(40,118)(36,844)(90,238)
For the year1,7006,67667,46775,843
At 31/12/20231,70012,945124,663139,308
Net Book Amounts
At 31/12/20233,45211,894164,525179,871
At 31/12/20221,97960,090187,295249,364
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,466,2671,081,223
Other debtors1,632,886612,432
Prepayments18,71815,341
Directors current account312,806576
3,430,6771,709,572

My Purchasing Partner Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax851,214450,070
VAT481,853346,382
PAYE control79,46471,256
Trade creditors37,71622,276
Pension schemes18,0628,135
Accruals48,9731,000
1,517,282899,119
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
190 Ordinary shares of £0.01 each1.901.90
22
8. PRIOR YEAR ADJUSTMENT
A prior year adjustment was made in respect of an investment of £750,000 in Treacy Consultancy Ltd which should have been written off in the year ended 31st December 2020. The impact on the balance sheet is a reduction in P&L reserves of £750,000.