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REGISTERED NUMBER: 09991312 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

INTEGRAL CONSULTANCY 365 LTD

INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTEGRAL CONSULTANCY 365 LTD

Company Information
for the Year Ended 29th February 2024







DIRECTORS: Mr P Briggs
Mrs L S Briggs





REGISTERED OFFICE: 130 Preston New Road
Blackpool
FY4 4HE





REGISTERED NUMBER: 09991312 (England and Wales)





ACCOUNTANTS: Abrams Ashton - Chorley Limited
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Balance Sheet
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,365 2,194

CURRENT ASSETS
Debtors 5 3,335 2,424
Cash at bank 6,028 4,819
9,363 7,243
CREDITORS
Amounts falling due within one year 6 7,601 5,811
NET CURRENT ASSETS 1,762 1,432
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,127

3,626

CREDITORS
Amounts falling due after more than one
year

7

(232

)

(643

)

PROVISIONS FOR LIABILITIES (259 ) (417 )
NET ASSETS 2,636 2,566

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 2,626 2,556
SHAREHOLDERS' FUNDS 2,636 2,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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.

INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Balance Sheet - continued
29th February 2024


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 23rd November 2024 and were signed on its behalf by:





Mr P Briggs - Director


INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

Integral Consultancy 365 Ltd 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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents amounts received for services rendered, stated net of discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Computer equipment - 33.3% on cost

Impairment of Assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st March 2023
and 29th February 2024 1,221 3,634 4,855
DEPRECIATION
At 1st March 2023 305 2,356 2,661
Charge for year 305 524 829
At 29th February 2024 610 2,880 3,490
NET BOOK VALUE
At 29th February 2024 611 754 1,365
At 28th February 2023 916 1,278 2,194

INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Computer
equipment
£   
COST
At 1st March 2023
and 29th February 2024 1,225
DEPRECIATION
At 1st March 2023 236
Charge for year 236
At 29th February 2024 472
NET BOOK VALUE
At 29th February 2024 753
At 28th February 2023 989

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 3,335 2,424

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts (see note 8) 411 411
Trade creditors 864 278
Tax 2,168 1,558
Social security and other taxes 284 284
Credit card 1,397 915
Directors' current accounts 704 655
Accrued expenses 1,773 1,710
7,601 5,811

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts (see note 8) 232 643

INTEGRAL CONSULTANCY 365 LTD (REGISTERED NUMBER: 09991312)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
29.2.24 28.2.23
£    £   
Net obligations repayable:
Within one year 411 411
Between one and five years 232 643
643 1,054

Non-cancellable operating leases
29.2.24 28.2.23
£    £   
Within one year 8,157 8,157
Between one and five years 8,800 16,943
16,957 25,100

9. RELATED PARTY DISCLOSURES

At the accounts date the company owed £704 to the directors (2023: £655). No interest has been charged to the company in respect of this loan and it is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr P Briggs by virtue of holding 70% of the ordinary share capital.