Silverfin false false 31/05/2024 01/06/2023 31/05/2024 Paul Simon Tansey 07/01/2021 11 December 2024 The principal activity of the Company during the financial period was that of a marketing company. 13120028 2024-05-31 13120028 bus:Director1 2024-05-31 13120028 core:CurrentFinancialInstruments 2024-05-31 13120028 core:CurrentFinancialInstruments 2023-05-31 13120028 2023-05-31 13120028 core:ShareCapital 2024-05-31 13120028 core:ShareCapital 2023-05-31 13120028 core:RetainedEarningsAccumulatedLosses 2024-05-31 13120028 core:RetainedEarningsAccumulatedLosses 2023-05-31 13120028 core:ImmediateParent core:CurrentFinancialInstruments 2024-05-31 13120028 core:ImmediateParent core:CurrentFinancialInstruments 2023-05-31 13120028 2023-06-01 2024-05-31 13120028 bus:FilletedAccounts 2023-06-01 2024-05-31 13120028 bus:SmallEntities 2023-06-01 2024-05-31 13120028 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13120028 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13120028 bus:Director1 2023-06-01 2024-05-31 13120028 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Company No: 13120028 (England and Wales)

INTERGAGE PARTNERSHIPS LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2024
Pages for filing with the registrar

INTERGAGE PARTNERSHIPS LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

INTERGAGE PARTNERSHIPS LIMITED

BALANCE SHEET

As at 31 May 2024
INTERGAGE PARTNERSHIPS LIMITED

BALANCE SHEET (continued)

As at 31 May 2024
2024 2023
£ £
Current assets
Debtors 3 9,565 5,202
Cash at bank and in hand 4,295 6,720
13,860 11,922
Creditors: amounts falling due within one year 4 ( 4,668) ( 4,876)
Net current assets 9,192 7,046
Total assets less current liabilities 9,192 7,046
Net assets 9,192 7,046
Capital and reserves
Called-up share capital 100 100
Profit and loss account 9,092 6,946
Total shareholders' funds 9,192 7,046

For the financial year ending 31 May 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Intergage Partnerships Limited (registered number: 13120028) were approved and authorised for issue by the Director on 11 December 2024. They were signed on its behalf by:

Paul Simon Tansey
Director
INTERGAGE PARTNERSHIPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
INTERGAGE PARTNERSHIPS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Intergage Partnerships Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 55 Cobham Road, Ferndown Industrial Estate, Wimborne, BH21 7RB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Debtors

2024 2023
£ £
Trade debtors 6,965 5,002
Amounts owed by Parent undertakings 80 80
Corporation tax 0 100
Other debtors 2,520 20
9,565 5,202

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 2,309 3,342
Taxation and social security 1,609 784
Other creditors 750 750
4,668 4,876

5. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Advanced to the director 2,520 20

Interest of £nil (2023: £nil) was charged on the director's loan

6. Ultimate controlling party

Parent Company:

Intergage (Holdings) Limited
55 Cobham Road, Ferndown Industrial Estate, Wimborne, England, BH21 7RB