REGISTERED NUMBER: 02312834 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

INTEGRAL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Finlay

T J Finlay

Miss C L Finlay

SECRETARY:

Mrs M Finlay

REGISTERED OFFICE:

36a Station Road

New Milton

Hampshire

BH25 6JX

REGISTERED NUMBER:

02312834 (England and Wales)

ACCOUNTANTS:

David Shores & Co Ltd

36a Station Road

New Milton

Hampshire

BH25 6JX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

163,006

101,657

Investment property

6

403,200

403,200

566,206

504,857

CURRENT ASSETS

Stocks

30,135

30,135

Debtors

7

907,260

911,470

Cash at bank and in hand

145,562

232,490

1,082,957

1,174,095

CREDITORS

Amounts falling due within one year

8

86,581

79,261

NET CURRENT ASSETS

996,376

1,094,834

TOTAL ASSETS LESS CURRENT LIABILITIES

1,562,582

1,599,691

PROVISIONS FOR LIABILITIES

1,009

886

NET ASSETS

1,561,573

1,598,805

CAPITAL AND RESERVES

Called up share capital

750

750

Investment property revaluation reserve

11

109,370

109,370

Capital redemption reserve

250

250

Retained earnings

1,451,203

1,488,435

SHAREHOLDERS' FUNDS

1,561,573

1,598,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:

Miss C L Finlay - Director

1.	STATUTORY INFORMATION

Integral Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net sales of goods and services during the year, net of value added tax, where applicable.

Goodwill

Goodwill, being amounts paid in connection with the acquisition of businesses in 2004 and 2006, has been written off.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The investment property fair value of £403,200 (2021 - £403,200) was determined by the directors by reference to current market prices for comparable property, adjusted for any differences in nature, location and condition.

Stocks and work in progress

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Work in progress cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Government grants accounting policy

Revenue grants are recognised on an accrual's basis over the periods in which the company recognises the related costs.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets 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 income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Employment benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Provisions

Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

80,318

AMORTISATION

At 1 January 2024

and 31 December 2024

80,318

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

100,000

80,207

180,207

Additions

-

82,476

82,476

Disposals

-

(16,267

)

(16,267

)

At 31 December 2024

100,000

146,416

246,416

DEPRECIATION

At 1 January 2024

42,000

36,550

78,550

Charge for year

2,000

19,127

21,127

Eliminated on disposal

-

(16,267

)

(16,267

)

At 31 December 2024

44,000

39,410

83,410

NET BOOK VALUE

At 31 December 2024

56,000

107,006

163,006

At 31 December 2023

58,000

43,657

101,657

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

403,200

NET BOOK VALUE

At 31 December 2024

403,200

At 31 December 2023

403,200

The directors are of the opinion that the current market value of the properties is their value as shown above.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2013

6,971

Valuation in 2014

37,200

Valuation in 2016

52,699

Valuation in 2017

12,500

Cost

293,830

403,200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,074

2,842

Other debtors

905,186

908,628

907,260

911,470

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 9)

28,370

-

Taxation and social security

-

8

Other creditors

58,211

79,253

86,581

79,261

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2024

2023

£

£

Net obligations repayable:

Within one year

28,370

-

Non-cancellable

operating leases

2024

2023

£

£

Within one year

-

6,487

10.	SECURED DEBTS

Past loan facilities were secured by a legal charge over the commercial freehold at 74 and 76 Brookley Road, Brockenhurst. The bank loans have been repaid and the legal charge satisfied. .

11.

RESERVES

Investment

property

revaluation

reserve

£

At 1 January 2024

and 31 December 2024

109,370