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REGISTERED NUMBER: 06941444 (England and Wales)
























IP TECHNOLOGY (HAMPSHIRE) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






IP TECHNOLOGY (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 06941444)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IP TECHNOLOGY (HAMPSHIRE) LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: A Caine
Mrs G Caine





REGISTERED OFFICE: 87 North Road
Poole
Dorset
BH14 0LT





REGISTERED NUMBER: 06941444 (England and Wales)





ACCOUNTANTS: The Accounting Bureau Ltd
87 North Road
Poole
Dorset
BH14 0LT

IP TECHNOLOGY (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 06941444)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 25,809 48,900
Tangible assets 5 37,090 29,603
62,899 78,503

CURRENT ASSETS
Debtors 6 30,322 62,986
Cash at bank and in hand 165,319 94,017
195,641 157,003
CREDITORS
Amounts falling due within one year 7 112,014 109,846
NET CURRENT ASSETS 83,627 47,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

146,526

125,660

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 146,426 125,560
SHAREHOLDERS' FUNDS 146,526 125,660

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

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

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 14 July 2025 and were signed on its behalf by:




Mrs G Caine - Director


IP TECHNOLOGY (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 06941444)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

IP Technology (Hampshire) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 6 ) .

IP TECHNOLOGY (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 06941444)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 163,000
AMORTISATION
At 1 April 2024 114,100
Charge for year 23,091
At 31 March 2025 137,191
NET BOOK VALUE
At 31 March 2025 25,809
At 31 March 2024 48,900

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 22,152 26,144 53,214 101,510
Additions - - 30,039 30,039
Disposals - - (23,215 ) (23,215 )
At 31 March 2025 22,152 26,144 60,038 108,334
DEPRECIATION
At 1 April 2024 21,898 24,602 25,407 71,907
Charge for year 64 386 7,628 8,078
Eliminated on disposal - - (8,741 ) (8,741 )
At 31 March 2025 21,962 24,988 24,294 71,244
NET BOOK VALUE
At 31 March 2025 190 1,156 35,744 37,090
At 31 March 2024 254 1,542 27,807 29,603

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 27,132 59,796
Other debtors 3,190 3,190
30,322 62,986

IP TECHNOLOGY (HAMPSHIRE) LIMITED (REGISTERED NUMBER: 06941444)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 29,511 29,236
Taxation and social security 77,003 76,110
Other creditors 5,500 4,500
112,014 109,846