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REGISTERED NUMBER: 14604185 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Integritas Partnership Limited

Integritas Partnership Limited (Registered number: 14604185)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Integritas Partnership Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: T de Lange
G W Lewis





REGISTERED OFFICE: Eldo House
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR





REGISTERED NUMBER: 14604185 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Integritas Partnership Limited (Registered number: 14604185)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 131,875 58,312

CURRENT ASSETS
Debtors 5 47,224 117,821
Cash at bank 28,221 32,623
75,445 150,444
CREDITORS
Amounts falling due within one year 6 52,691 88,168
NET CURRENT ASSETS 22,754 62,276
TOTAL ASSETS LESS CURRENT LIABILITIES 154,629 120,588

CREDITORS
Amounts falling due after more than one
year

7

(66,255

)

(42,459

)

PROVISIONS FOR LIABILITIES 9 (32,969 ) (14,578 )
NET ASSETS 55,405 63,551

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,305 63,451
SHAREHOLDERS' FUNDS 55,405 63,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Integritas Partnership Limited (Registered number: 14604185)

Balance Sheet - continued
31 January 2025


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 9 April 2025 and were signed on its behalf by:




T de Lange - Director



G W Lewis - Director


Integritas Partnership Limited (Registered number: 14604185)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Integritas Partnership 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

Integritas Partnership Limited (Registered number: 14604185)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

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.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from other related parties.

Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.

Integritas Partnership Limited (Registered number: 14604185)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 70,386
Additions 101,479
Disposals (3,417 )
At 31 January 2025 168,448
DEPRECIATION
At 1 February 2024 12,074
Charge for year 24,543
Eliminated on disposal (44 )
At 31 January 2025 36,573
NET BOOK VALUE
At 31 January 2025 131,875
At 31 January 2024 58,312

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

Plant and
machinery
etc
£   
COST
At 1 February 2024 36,890
Additions 58,500
At 31 January 2025 95,390
DEPRECIATION
At 1 February 2024 8,454
Charge for year 11,984
At 31 January 2025 20,438
NET BOOK VALUE
At 31 January 2025 74,952
At 31 January 2024 28,436

Integritas Partnership Limited (Registered number: 14604185)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

5. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 38,403 100,411
Other debtors 5,821 17,410
44,224 117,821

Amounts falling due after more than one year:
Other debtors 3,000 -

Aggregate amounts 47,224 117,821

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 3,000 3,000
Hire purchase contracts (see note 8) 16,582 3,702
Trade creditors 1,157 15,927
Taxation and social security 18,347 29,205
Other creditors 13,605 36,334
52,691 88,168

Other creditors includes amounts owed to the directors.

Hire purchase liabilities are secured against the asset to which they relate.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 8,500 11,500
Hire purchase contracts (see note 8) 57,755 30,959
66,255 42,459

Hire purchase liabilities are secured against the asset to which they relate.

Integritas Partnership Limited (Registered number: 14604185)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 16,582 3,702
Between one and five years 57,755 30,959
74,337 34,661

Non-cancellable operating leases
2025 2024
£    £   
Within one year 12,000 -
Between one and five years 21,000 -
33,000 -

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 32,969 14,578

Deferred
tax
£   
Balance at 1 February 2024 14,578
Charge to Income Statement during year 18,391
Balance at 31 January 2025 32,969