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REGISTERED NUMBER: 01056948 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 September 2024

for

Ingram Installations Limited

Ingram Installations Limited (Registered number: 01056948)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Ingram Installations Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: K W Ingram
P K Ingram





SECRETARY: P K Ingram





REGISTERED OFFICE: Unit 13 Newby Road
Hazel Grove
Stockport
Cheshire
SK7 5DA





REGISTERED NUMBER: 01056948 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Ingram Installations Limited (Registered number: 01056948)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 253,930 123,039

CURRENT ASSETS
Stocks 98,369 121,167
Debtors 5 848,962 1,088,026
Cash at bank and in hand 12,933 24,344
960,264 1,233,537
CREDITORS
Amounts falling due within one year 6 384,817 751,428
NET CURRENT ASSETS 575,447 482,109
TOTAL ASSETS LESS CURRENT
LIABILITIES

829,377

605,148

CREDITORS
Amounts falling due after more than one
year

7

(103,731

)

(66,989

)

PROVISIONS FOR LIABILITIES (57,005 ) (24,282 )
NET ASSETS 668,641 513,877

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 60 60
Retained earnings 668,481 513,717
SHAREHOLDERS' FUNDS 668,641 513,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:




K W Ingram - Director


Ingram Installations Limited (Registered number: 01056948)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Ingram Installations 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 the cost less estimated residual value of 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 etc - 25% on reducing balance, 15% on reducing balance and in line with the terms of the lease

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 Statement of Income and Retained Earnings, 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.

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.

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.

Ingram Installations Limited (Registered number: 01056948)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 314,902
Additions 190,043
Disposals (10,000 )
At 30 September 2024 494,945
DEPRECIATION
At 1 October 2023 191,863
Charge for year 53,527
Eliminated on disposal (4,375 )
At 30 September 2024 241,015
NET BOOK VALUE
At 30 September 2024 253,930
At 30 September 2023 123,039

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2023 142,817
Additions 150,419
At 30 September 2024 293,236
DEPRECIATION
At 1 October 2023 48,002
Charge for year 40,856
At 30 September 2024 88,858
NET BOOK VALUE
At 30 September 2024 204,378
At 30 September 2023 94,815

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 581,143 957,214
Amounts owed by associates 149,779 92,621
Other debtors 118,040 38,191
848,962 1,088,026

Ingram Installations Limited (Registered number: 01056948)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 10,000
Hire purchase contracts 48,626 25,245
Trade creditors 289,426 621,722
Taxation and social security 39,677 87,377
Other creditors 7,088 7,084
384,817 751,428

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans - 8,954
Hire purchase contracts 103,731 58,035
103,731 66,989

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 152,357 83,280

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the K W Ingram owed the company £5,077 (2023: £4,441) which was repaid within 9 months and 1 day of the year end.

10. RELATED PARTY DISCLOSURES

IPower Generation Limited is related due to common shareholders and directors.

During the year the company made sales to, and purchases from, Ipower Generation Limited of £161,088 (2023: £223,817)

At the balance sheet date the amount owed to the company by IPower Generation Limited was £149,779 (2023: £92,621).

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.