Registered No. OC420759 (England and Wales)
ICTM SERVICES LLP
Unaudited accounts
for the year ended 31 March 2025
ICTM SERVICES LLP
LLP Information
for the year ended 31 March 2025
Designated members
Mr Tariq Bizanjo
Mrs Bernadette Kelly Bizanjo
Registered Number
OC420759 (England and Wales)
Registered Office
THE HIVE
BELL LANE
STEVENAGE
SG1 3HW
ENGLAND
ICTM SERVICES LLP
Statement of financial position
as at 31 March 2025
Tangible assets
4,971
7,862
Cash at bank and in hand
1,513
1,148
Creditors: amounts falling due within one year
4,781
10,145
Net current assets
20,382
23,080
Total assets less current liabilities
25,353
30,942
Creditors: amounts falling due after more than one year
(25,353)
(30,942)
Net assets attributable to members
-
-
Loans and other debts due to members
106,757
45,736
Other reserves
(106,757)
(45,736)
Loans and other debts due to members
106,757
45,736
Members' other interests
(106,757)
(45,736)
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 18 December 2025.
Mr Tariq Bizanjo
Designated member
Limited Liability Partnership Registration No. OC420759
ICTM SERVICES LLP
Notes to the Accounts
for the year ended 31 March 2025
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
50% on straight line basis
Motor vehicles
20% on straight line basis
Fixtures & fittings
50% on straight line basis
Computer equipment
50% on straight line basis
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company has opted for a BBLS scheme with no fees or interest to pay for the first 12 months. After 12 months, the interest is capped at 2.5% per year and the loan will be repaid over a period of 5 years.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
ICTM SERVICES LLP is a limited liability partnership, incorporated in England and Wales, registration number OC420759. Its registered office is THE HIVE, BELL LANE, STEVENAGE, SG1 3HW, ENGLAND.
ICTM SERVICES LLP
Notes to the Accounts
for the year ended 31 March 2025
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
8,946
6,250
2,528
3,344
21,068
Additions
488
-
814
830
2,132
At 31 March 2025
9,434
6,250
3,342
4,174
23,200
At 1 April 2024
6,615
3,229
1,223
2,139
13,206
Charge for the year
1,425
1,250
1,197
1,151
5,023
At 31 March 2025
8,040
4,479
2,420
3,290
18,229
At 31 March 2025
1,394
1,771
922
884
4,971
At 31 March 2024
2,331
3,021
1,305
1,205
7,862
4
Creditors: amounts falling due within one year
2025
2024
Trade creditors
20,525
5,021
Taxes and social security costs
15,392
4,426
Other creditors
(40,698)
(19,592)
5
Creditors: amounts falling due after more than one year
2025
2024
6
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
106,757
45,736
Amounts falling due within one year
106,757
45,736
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).