Company registration number 06719403 (England and Wales)
IGP SOLUTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
IGP SOLUTIONS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
IGP SOLUTIONS LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
108,376
147,257
Current assets
Stocks
147,960
65,007
Debtors
4
1,162,076
698,046
Cash at bank and in hand
21,838
56,589
1,331,874
819,642
Creditors: amounts falling due within one year
5
(347,701)
(211,532)
Net current assets
984,173
608,110
Total assets less current liabilities
1,092,549
755,367
Creditors: amounts falling due after more than one year
6
(42,895)
(58,955)
Provisions for liabilities
7
(22,362)
(30,931)
Net assets
1,027,292
665,481
Capital and reserves
Called up share capital
9
100
100
Profit and loss reserves
1,027,192
665,381
Total equity
1,027,292
665,481
IGP SOLUTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 July 2026 and are signed on its behalf by:
N P Andrews
Director
Company registration number 06719403 (England and Wales)
IGP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

IGP Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 16 Hillbottom Road, High Wycombe, Buckinghamshire, HP12 4HJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on cost
Fixtures & fittings
20% to 25% on cost
Computer equipment
33.33% on cost
Motor vehicles
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

IGP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors are recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Rentals payable under operating leases are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

IGP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
11
10
3
Tangible fixed assets
Plant and machinery
Fixtures & fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 November 2024
18,099
9,975
9,809
250,087
287,970
Additions
-
0
-
0
-
0
28,000
28,000
Disposals
(3,097)
(4,988)
-
0
(8,864)
(16,949)
At 31 October 2025
15,002
4,987
9,809
269,223
299,021
Depreciation and impairment
At 1 November 2024
17,679
6,925
8,482
107,627
140,713
Depreciation charged in the year
149
1,305
455
64,972
66,881
Eliminated in respect of disposals
(3,097)
(4,988)
-
0
(8,864)
(16,949)
At 31 October 2025
14,731
3,242
8,937
163,735
190,645
Carrying amount
At 31 October 2025
271
1,745
872
105,488
108,376
At 31 October 2024
420
3,050
1,327
142,460
147,257

The net carrying value of motor vehicles includes £82,323 (202 4: £120,585) in respect of assets held under hire purchase contracts. The depreciation charge for the year in respect of all hire purchase held during the year assets amounted to £5 6,222 (202 4: £51,556).

Net obligations under hire purchase contracts are secured on the assets acquired.

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
27,884
59,002
Other debtors
1,064,106
604,266
Prepayments and accrued income
70,086
34,778
1,162,076
698,046
IGP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
37,060
46,755
Trade creditors
30,338
39,373
Corporation tax
161,768
36,795
Other taxation and social security
91,186
76,622
Accruals and deferred income
27,349
11,987
347,701
211,532
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases
42,895
58,955

Included within obligations under finance leases due within one year and due after more than one year is £79,955 (2024: £1 05,710) in respect of hire purchase liabilities which are secured against the asset to which they relate.

7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
8
22,362
30,931
8
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
22,362
30,931
2025
Movements in the year:
£
Liability at 1 November 2024
30,931
Credit to profit or loss
(8,569)
Liability at 31 October 2025
22,362
IGP SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 7 -
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
10
Related party transactions

Included within other debtors is an amount of £482,653 (202 4: £165,187) owed by PSV Glass and Glazing Limited, a company associated with P Andrews. During the year the company made sales to PSV Glass and Glazing Limited of £1,242,143 (202 4: £830,955). The company was recharged expenses and management fees of £173,573 (20 2 4: £124,620) by the related company.

Included within other debtors is an amount totalling £435,275 (202 4: £328,978) due from the directors as at the balance sheet date. The maximum outstanding during the year was £435,275 (202 4: £328,978) and interest of £12,070 (202 4: £6,849) has been charged at the HMRC official rate.

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