International Project Partner Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11800561 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 FEBRUARY 2024 TO 31 DECEMBER 2024

FOR

INTERNATIONAL PROJECT PARTNER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Stoffel Pelissie

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

11800561 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

329

575

Investments

5

1,453,948

8

1,454,277

583

CURRENT ASSETS

Debtors

6

1,377,751

2,151,494

Cash at bank

97,209

1,350

1,474,960

2,152,844

CREDITORS

Amounts falling due within one year

7

(2,841,188

)

(2,134,716

)

NET CURRENT (LIABILITIES)/ASSETS

(1,366,228

)

18,128

TOTAL ASSETS LESS CURRENT LIABILITIES

88,049

18,711

CAPITAL AND RESERVES

Called up share capital

1

Fair value reserve

70,320

-

Retained earnings

17,728

18,710

88,049

18,711

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30 September 2025 and were signed by:

P Stoffel Pelissie - Director

1.	STATUTORY INFORMATION

International Project Partner 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 Euro (€).

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 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.

Computer equipment - 20% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiaries are initially measured at cost and subsequently measured at cost less any

accumulated impairment losses.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

Investments

Investments held as fixed assets are recognised initially at transaction price and subsequently measured at fair value at each reporting date with changes in fair value recognised in the income and expenditure account.

3.

EMPLOYEES

The average number of employees during the period was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

€

COST

At 1 February 2024

and 31 December 2024

1,343

DEPRECIATION

At 1 February 2024

768

Charge for period

246

At 31 December 2024

1,014

NET BOOK VALUE

At 31 December 2024

329

At 31 January 2024

575

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

€

COST OR VALUATION

At 1 February 2024

1

7

8

Additions

-

1,707,471

Disposals

-

(323,851

)

(323,851

)

Revaluations

-

70,320

At 31 December 2024

1

1,453,947

1,453,948

NET BOOK VALUE

At 31 December 2024

1

1,453,947

1,453,948

At 31 January 2024

1

7

8

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

€

Valuation in 2024

-

70,320

Cost

1

1,383,627

1,383,628

1

1,453,947

1,453,948

The other investments are measured at fair value at the balance sheet date based on their quoted market price.

6.

DEBTORS

2024

€

Amounts falling due within one year:

Amounts owed by group undertakings

-

204,076

Other debtors

16,100

10,102

Prepayments and accrued income

359,685

1,147,185

375,785

1,361,363

Amounts falling due after more than one year:

Other loans

1,001,966

790,131

Aggregate amounts

1,377,751

2,151,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

€

Trade creditors

10,878

45,202

Amounts owed to group undertakings

801,273

-

Tax

9,469

8,942

Other creditors

777,205

1,184,484

Directors' current accounts

2,069

1,694

Accruals and deferred income

1,240,294

894,394

2,841,188

2,134,716