Company Registration No. SC212652 (Scotland)
International Partners in Knowledge Limited
Unaudited accounts
for the year ended 30 April 2025
International Partners in Knowledge Limited
Unaudited accounts
Contents
International Partners in Knowledge Limited
Company Information
for the year ended 30 April 2025
Director
T C Newall-Watson
Company Number
SC212652 (Scotland)
Registered Office
Oaktree Cottage
Firth Road
Auchendinny
By Roslin
EH25 9QJ
Accountants
Judith M Pritchard, Chartered Accountant
Accountancy & Taxation Services
9 McLauchlan Rise
Aberdour
Fife
KY3 0SS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
International Partners in Knowledge Limited
for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
International Partners in Knowledge Limited for the year ended
30 April 2025 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Judith M Pritchard, Chartered Accountant
Chartered Accountants
Accountancy & Taxation Services
9 McLauchlan Rise
Aberdour
Fife
KY3 0SS
17 December 2025
International Partners in Knowledge Limited
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
1,333
891
Creditors: amounts falling due within one year
(45,835)
(49,927)
Net current assets
9,698
5,099
Total assets less current liabilities
9,698
39,145
Creditors: amounts falling due after more than one year
(154,090)
(196,787)
Net liabilities
(144,392)
(157,642)
Called up share capital
4
4
Profit and loss account
(144,396)
(157,646)
Shareholders' funds
(144,392)
(157,642)
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 December 2025 and were signed on its behalf by
T C Newall-Watson
Director
Company Registration No. SC212652
International Partners in Knowledge Limited
Notes to the Accounts
for the year ended 30 April 2025
International Partners in Knowledge Limited is a private company, limited by shares, registered in Scotland, registration number SC212652. The registered office is Oaktree Cottage, Firth Road, Auchendinny, By Roslin, EH25 9QJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the total value, exclusive of Value Added Tax, of rental income receivable during the year.
The company continues to show a net liability position. It can, however, continue current trading without relying on any financial support. The director confirms his intention to support the company as and when required and has no plans to withdraw his director's loan account until financial circumstances allow.
Allotted, called up and fully paid:
408 Ordinary shares of £0.011 each
4.48
4.48
5
Transactions with related parties
Other debtors includes a loan to IPIK Bt, a Hungarian company in which the company has a 99% shareholding (1% of the share capital is owned by the director, T C Newall-Watson). This loan has no fixed terms of repayment and is interest free.
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).