IP TEC LIMITED

Company Registration Number:
07648806 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

IP TEC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

IP TEC LIMITED

Balance sheet

As at 31 March 2025


Notes

2025

2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 49,055 13,241
Investments:   0 0
Total fixed assets: 49,055 13,241
Current assets
Stocks: 30,984 0
Debtors: 4 2,159,743 1,685,856
Cash at bank and in hand: 59,618 125,792
Investments:   0 0
Total current assets: 2,250,345 1,811,648
Creditors: amounts falling due within one year:   (280,700) (341,827)
Net current assets (liabilities): 1,969,645 1,469,821
Total assets less current liabilities: 2,018,700 1,483,062
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 2,018,700 1,483,062
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 2,018,696 1,483,058
Shareholders funds: 2,018,700 1,483,062

The notes form part of these financial statements

IP TEC LIMITED

Balance sheet statements

For the year ending 31 March 2025 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 May 2025
and signed on behalf of the board by:

Name: D Smith
Status: Director

The notes form part of these financial statements

IP TEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IP TEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 8 7

IP TEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 23,649
Additions 111,911
Disposals (59,750)
At 31 March 2025 75,810
Depreciation
At 01 April 2024 10,408
Charge for year 31,284
On disposals (14,937)
At 31 March 2025 26,755
Net book value
At 31 March 2025 49,055
At 31 March 2024 13,241

IP TEC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 0 0