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Company Registration No. 04897402 (England and Wales)
IPEX Consulting Limited Unaudited accounts for the year ended 31 August 2025
IPEX Consulting Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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IPEX Consulting Limited Company Information for the year ended 31 August 2025
Directors
Thomas Hopkins Christopher Hoskin Elizabeth Clare Kissane Robert Clayton
Company Number
04897402 (England and Wales)
Registered Office
Liberty House 222 Regent Street London W1B 5TR
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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IPEX Consulting Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,539
6,362
Current assets
Debtors
5
655,537
705,492
Cash at bank and in hand
964,878
1,092,660
1,620,415
1,798,152
Creditors: amounts falling due within one year
6
(583,439)
(600,637)
Net current assets
1,036,976
1,197,515
Total assets less current liabilities
1,043,515
1,203,877
Creditors: amounts falling due after more than one year
7
-
(44,531)
Provisions for liabilities
Deferred tax
(1,636)
(1,592)
Net assets
1,041,879
1,157,754
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,041,779
1,157,654
Shareholders' funds
1,041,879
1,157,754
For the year ending 31 August 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 of Directors and authorised for issue on 20 January 2026 and were signed on its behalf by
Elizabeth Clare Kissane Director Company Registration No. 04897402
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IPEX Consulting Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
IPEX Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 04897402. The registered office is Liberty House, 222 Regent Street, London, W1B 5TR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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:
Fixtures & fittings
25% straight line basis
Computer equipment
33% straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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IPEX Consulting Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
709
18,153
18,862
Additions
-
3,328
3,328
Disposals
-
(1,786)
(1,786)
At 31 August 2025
709
19,695
20,404
Depreciation
At 1 September 2024
236
12,264
12,500
Charge for the year
258
2,893
3,151
On disposals
-
(1,786)
(1,786)
At 31 August 2025
494
13,371
13,865
Net book value
At 31 August 2025
215
6,324
6,539
At 31 August 2024
473
5,889
6,362
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
427,065
439,611
Accrued income and prepayments
74,774
179,017
Other debtors
153,698
86,864
655,537
705,492
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
44,531
59,375
Trade creditors
55,904
32,885
Taxes and social security
282,765
250,502
Other creditors
4,511
4,638
Accruals
195,728
253,237
583,439
600,637
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
44,531
8
Average number of employees
During the year the average number of employees was 13 (2024: 11).
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