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REGISTERED NUMBER: 02892924 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

INTEGRATED OFFICE SYSTEMS LIMITED

INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 498,445 490,491

CURRENT ASSETS
Stocks 82,650 99,566
Debtors 1,878,623 1,719,310
Cash at bank and in hand 229,745 209,566
2,191,018 2,028,442
CREDITORS
Amounts falling due within one year 536,598 600,923
NET CURRENT ASSETS 1,654,420 1,427,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,152,865

1,918,010

CREDITORS
Amounts falling due after more than one
year

5

(416,725

)

(499,307

)

PROVISIONS FOR LIABILITIES (7,051 ) (2,055 )
NET ASSETS 1,729,089 1,416,648

CAPITAL AND RESERVES
Called up share capital 12,202 12,202
Capital redemption reserve 2,798 2,798
Retained earnings 1,714,089 1,401,648
SHAREHOLDERS' FUNDS 1,729,089 1,416,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 July 2025 and were signed on its behalf by:





Mr. P. S. MacDonald - Director


INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Integrated Office Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02892924

Registered office: 89 Willows Court
Teesside Industrial Estate
Stockton-on-Tees
TS17 9PP

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.
Fixtures and fittings - Over 3 to 10 years
Motor vehicles - 25% on reducing balance

The directors consider that the long term leasehold property is maintained in such a state of repair that its residual value is at least equal to its net book value. As a result, the corresponding depreciation would not be material and is therefore not charged in the profit and loss account. The directors perform annual impairment reviews to ensure that the carrying value is not higher than the recoverable amount.

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

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.


INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued
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. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

Government grants
Government grants are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 March 2024 534,455
Additions 25,561
At 28 February 2025 560,016
DEPRECIATION
At 1 March 2024 43,964
Charge for year 17,607
At 28 February 2025 61,571
NET BOOK VALUE
At 28 February 2025 498,445
At 29 February 2024 490,491

There are fixed and floating charges over the freehold property.

INTEGRATED OFFICE SYSTEMS LIMITED (REGISTERED NUMBER: 02892924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS - continued

Hire Purchase and Finance Lease Agreements
Included within the net book value of £490,491 is £47,529 (2023: £36,950) relating to assets held under hire purchase and finance lease agreements. The depreciation charged in the year in respect of assets held under hire purchase and finance lease agreements amounted to £14,594 (2023: £8,638).

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2024
£ £
Repayable by instalments
Bank loans 257,232 274,180

6. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£ £
Bank loans 467,423 539,270
Hire purchase contracts 27,203 41,173
494,626 580,443

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

20252024
££
Balance outstanding at start of year-1,115
Amounts advanced--
Amounts repaid-1,115
Balance outstanding at end of year--

All the above advances were interest free and were unsecured, with no fixed repayment terms.

8. RELATED PARTY DISCLOSURES

At 28 February 2025 £1,583,395 (2024: £1,383,395) was owed by companies owning a participating interest in Integrated Office Systems Limited.