1 October 2023 false No description of principal activity Taxfiler 2024.6 10273225business:PrivateLimitedCompanyLtd2023-10-012024-09-30 102732252023-09-30 102732252023-10-012024-09-30 10273225business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 10273225business:FilletedAccounts2023-10-012024-09-30 102732252024-09-30 10273225business:Director12023-10-012024-09-30 10273225business:RegisteredOffice2023-10-012024-09-30 102732252023-09-30 10273225core:WithinOneYear2024-09-30 10273225core:WithinOneYear2023-09-30 10273225core:AfterOneYear2024-09-30 10273225core:AfterOneYear2023-09-30 10273225core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10273225core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10273225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10273225core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10273225core:PreviouslyStatedAmount2024-09-30 10273225core:PreviouslyStatedAmount2023-09-30 10273225business:SmallEntities2023-10-012024-09-30 10273225countries:EnglandWales2023-10-012024-09-30 10273225core:LandBuildings2023-10-012024-09-30 10273225core:MotorVehicles2023-10-012024-09-30 10273225core:FurnitureFittings2023-10-012024-09-30 10273225core:ComputerEquipment2023-10-012024-09-30 10273225core:LandBuildings2023-09-30 10273225core:MotorVehicles2023-09-30 10273225core:FurnitureFittings2023-09-30 10273225core:ComputerEquipment2023-09-30 10273225core:LandBuildings2024-09-30 10273225core:MotorVehicles2024-09-30 10273225core:FurnitureFittings2024-09-30 10273225core:ComputerEquipment2024-09-30 102732252022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10273225 (England and Wales)
ITRUST PARTNERING LIMITED Unaudited accounts for the year ended 30 September 2024
ITRUST PARTNERING LIMITED Unaudited accounts Contents
Page
- 2 -
ITRUST PARTNERING LIMITED Company Information for the year ended 30 September 2024
Director
D HULME
Company Number
10273225 (England and Wales)
Registered Office
Technology House Mount Pleasant Hildenborough Tonbridge TN11 9JG
Accountants
G Schulz & Company Ltd Chartered Management Accountants G W Schulz FCMA CGMA 3 Lane Close Horsham, West Sussex RH12 3UF
- 3 -
ITRUST PARTNERING LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
541,721 
575,297 
Investments
21,646 
21,646 
563,367 
596,943 
Current assets
Debtors
912,935 
867,383 
Cash at bank and in hand
447,292 
351,981 
1,360,227 
1,219,364 
Creditors: amounts falling due within one year
(972,785)
(761,188)
Net current assets
387,442 
458,176 
Total assets less current liabilities
950,809 
1,055,119 
Creditors: amounts falling due after more than one year
(340,215)
(360,460)
Net assets
610,594 
694,659 
Capital and reserves
Called up share capital
100 
120 
Profit and loss account
610,494 
694,539 
Shareholders' funds
610,594 
694,659 
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2025 and were signed on its behalf by
D HULME Director Company Registration No. 10273225
- 4 -
ITRUST PARTNERING LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
ITRUST PARTNERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10273225. The registered office is Technology House, Mount Pleasant, Hildenborough, Tonbridge, TN11 9JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
33% on cost
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 5 -
ITRUST PARTNERING LIMITED Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
539,488 
88,686 
1,112 
18,682 
647,968 
Additions
- 
- 
- 
2,608 
2,608 
At 30 September 2024
539,488 
88,686 
1,112 
21,290 
650,576 
Depreciation
At 1 October 2023
21,580 
35,441 
556 
15,094 
72,671 
Charge for the year
10,790 
22,171 
278 
2,945 
36,184 
At 30 September 2024
32,370 
57,612 
834 
18,039 
108,855 
Net book value
At 30 September 2024
507,118 
31,074 
278 
3,251 
541,721 
At 30 September 2023
517,908 
53,245 
556 
3,588 
575,297 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 October 2023
21,646 
Valuation at 30 September 2024
21,646 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,468 
15,329 
Trade debtors
805,694 
777,591 
Amounts due from group undertakings etc.
74,867 
57,712 
Accrued income and prepayments
23,906 
16,751 
912,935 
867,383 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,578 
8,578 
Obligations under finance leases and hire purchase contracts
18,909 
7,106 
Trade creditors
735,021 
657,936 
Taxes and social security
34,398 
56,075 
Other creditors
158,328 
11,049 
Loans from directors
43 
175 
Deferred income
17,508 
20,269 
972,785 
761,188 
- 6 -
ITRUST PARTNERING LIMITED Notes to the Accounts for the year ended 30 September 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
310,317 
311,117 
Obligations under finance leases and hire purchase contracts
29,898 
49,343 
340,215 
360,460 
9
Average number of employees
During the year the average number of employees was 12 (2023: 14).
- 7 -