REGISTERED NUMBER: 08010289 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

IPC SERVICES (YORKSHIRE) LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mrs M N Johnson

Mrs M E Gibson

REGISTERED OFFICE:

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

REGISTERED NUMBER:

08010289 (England and Wales)

ACCOUNTANTS:

Majors Limited

57 Spyvee Street

Hull

E. Yorks

HU8 7JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

531

828

531

828

CURRENT ASSETS

Debtors

6

21,234

41,327

Cash at bank

165,837

136,311

187,071

177,638

CREDITORS

Amounts falling due within one year

7

38,258

55,732

NET CURRENT ASSETS

148,813

121,906

TOTAL ASSETS LESS CURRENT LIABILITIES

149,344

122,734

PROVISIONS FOR LIABILITIES

113

157

NET ASSETS

149,231

122,577

CAPITAL AND RESERVES

Called up share capital

302

302

Retained earnings

148,929

122,275

SHAREHOLDERS' FUNDS

149,231

122,577

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 10 June 2025 and were signed on its behalf by:

Mrs M N Johnson - Director

Mrs M E Gibson - Director

1.	STATUTORY INFORMATION

IPC Services (Yorkshire) 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 was the total amount receivable by the company for goods and services provided. The company de- registered from the Flat Rate Scheme for VAT on 1st July 2015 and from that date onwards turnover is the total amount receivable for goods and services provided, excluding VAT.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Website

The website is written off over its useful economic life at 33.3% on cost.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

683

AMORTISATION

At 1 April 2024

and 31 March 2025

683

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,770

DEPRECIATION

At 1 April 2024

5,942

Charge for year

297

At 31 March 2025

6,239

NET BOOK VALUE

At 31 March 2025

531

At 31 March 2024

828

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,941

31,062

Other debtors

-

1,002

Directors' current accounts

10,577

8,092

Prepayments and accrued income

716

1,171

21,234

41,327

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

15,163

18,342

Social security and other taxes

1,190

2,353

VAT

9,040

12,111

Other creditors

1,340

-

Directors' current accounts

9,150

20,471

Accrued expenses

2,375

2,455

38,258

55,732

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs M E Gibson

Balance outstanding at start of year

8,092

8,216

Amounts advanced

42,200

41,605

Amounts repaid

(39,715

)

(41,729

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,577

8,092