REGISTERED NUMBER: 04924322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INGHAM HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L C Taylor

P J Taylor

Mrs N M Taylor

J W Taylor

Mrs C R Taylor

SECRETARY:

Mrs C R Taylor

REGISTERED OFFICE:

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

REGISTERED NUMBER:

04924322 (England and Wales)

ACCOUNTANTS:

Aequitas Limited

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

369,670

378,308

369,670

378,308

CURRENT ASSETS

Stocks

500

500

Debtors

6

1,497,035

1,412,935

Cash at bank

3,952

4,864

1,501,487

1,418,299

CREDITORS

Amounts falling due within one year

7

850,901

813,311

NET CURRENT ASSETS

650,586

604,988

TOTAL ASSETS LESS CURRENT LIABILITIES

1,020,256

983,296

CREDITORS

Amounts falling due after more than one year

8

-

11,667

NET ASSETS

1,020,256

971,629

CAPITAL AND RESERVES

Called up share capital

80

80

Retained earnings

1,020,176

971,549

1,020,256

971,629

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 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 21 October 2025 and were signed on its behalf by:

P J Taylor - Director

1.	STATUTORY INFORMATION

Ingham House 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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.

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.

Improvements to property

-

2% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2024 - 56 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

and 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

511,925

262,376

60,969

8,768

844,038

Additions

-

14,925

-

-

14,925

At 31 March 2025

511,925

277,301

60,969

8,768

858,963

DEPRECIATION

At 1 April 2024

181,697

228,759

46,506

8,768

465,730

Charge for year

10,239

9,708

3,616

-

23,563

At 31 March 2025

191,936

238,467

50,122

8,768

489,293

NET BOOK VALUE

At 31 March 2025

319,989

38,834

10,847

-

369,670

At 31 March 2024

330,228

33,617

14,463

-

378,308

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

56,416

47,250

103,666

DEPRECIATION

At 1 April 2024

43,028

35,464

78,492

Charge for year

-

3,616

3,616

At 31 March 2025

43,028

39,080

82,108

NET BOOK VALUE

At 31 March 2025

13,388

8,170

21,558

At 31 March 2024

13,388

11,786

25,174

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Trade debtors

307,940

229,802

Amounts owed by participating interests

1,189,095

1,173,785

Other debtors

-

9,348

1,497,035

1,412,935

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans and overdrafts

190,029

204,489

Hire purchase contracts

-

27,231

Amounts owed to participating interests

512,522

469,055

Taxation and social security

147,579

112,536

Other creditors

771

-

850,901

813,311

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

as restated

£

£

Bank loans

-

11,667

9.	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:

31.3.25

31.3.24

as restated

£

£

P J Taylor

Balance outstanding at start of year

9,348

-

Amounts advanced

-

9,348

Amounts repaid

(9,348

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

9,348