11 false false false false false false false false false false true false false false false false false No description of principal activity 2024-09-30 Sage Accounts Production Advanced 2025 - FRS102_2025 61,291 61,291 61,291 34,709 7,964 42,673 29,545 3,282 32,827 9,846 5,164 20,700 20,700 20,700 xbrli:pure xbrli:shares iso4217:GBP 07400106 2024-09-30 2025-09-28 07400106 2025-09-28 07400106 2024-09-29 07400106 2023-09-30 2024-09-29 07400106 2024-09-29 07400106 2023-09-29 07400106 bus:Director1 2024-09-30 2025-09-28 07400106 core:WithinOneYear 2025-09-28 07400106 core:WithinOneYear 2024-09-29 07400106 core:ShareCapital 2025-09-28 07400106 core:ShareCapital 2024-09-29 07400106 core:RetainedEarningsAccumulatedLosses 2025-09-28 07400106 core:RetainedEarningsAccumulatedLosses 2024-09-29 07400106 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-09-28 07400106 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-29 07400106 core:CostValuation core:Non-currentFinancialInstruments 2025-09-28 07400106 core:Non-currentFinancialInstruments 2025-09-28 07400106 core:Non-currentFinancialInstruments 2024-09-29 07400106 bus:SmallEntities 2024-09-30 2025-09-28 07400106 bus:AuditExemptWithAccountantsReport 2024-09-30 2025-09-28 07400106 bus:SmallCompaniesRegimeForAccounts 2024-09-30 2025-09-28 07400106 bus:PrivateLimitedCompanyLtd 2024-09-30 2025-09-28 07400106 bus:FullAccounts 2024-09-30 2025-09-28 07400106 core:OfficeEquipment 2024-09-30 2025-09-28 07400106 core:OfficeEquipment 2024-09-29 07400106 core:OfficeEquipment 2025-09-28 07400106 core:AllAssociates 2024-09-30 2025-09-28
COMPANY REGISTRATION NUMBER: 07400106

IPC Management Limited

Filleted Unaudited Financial Statements

28 September 2025

IPC Management Limited

Statement of Financial Position

28 September 2025

| 28 Sep 25 | 29 Sep 24
Note | £ | £ | £

Fixed assets

Intangible assets | 5 |  | 61,291 | 61,291
Tangible assets | 6 |  | 9,846 | 5,164
Investments | 7 |  | 20,700 | 20,700
|  | -------- | --------
|  | 91,837 | 87,155

Current assets

Debtors | 8 | 113,263 |  | 114,158
Cash at bank and in hand | 700 |  | 20,634
| --------- |  | ---------
| 113,963 |  | 134,792

Creditors: amounts falling due within one year | 9 | 178,488 |  | 170,423
| --------- |  | ---------
Net current liabilities |  | 64,525 | 35,631
|  | -------- | --------
Total assets less current liabilities |  | 27,312 | 51,524
|  | -------- | --------
Net assets |  | 27,312 | 51,524
|  | -------- | --------

Capital and reserves

Called up share capital |  | 1,013 | 1,013
Profit and loss account |  | 26,299 | 50,511
|  | -------- | --------
Shareholders funds |  | 27,312 | 51,524
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 28 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

IPC Management Limited

Statement of Financial Position (continued)

28 September 2025
These financial statements were approved by the board of directors and authorised for issue on 12 August 2026 , and are signed on behalf of the board by:

Ms K Foulis
Director

Company registration number: 07400106

IPC Management Limited

Notes to the Financial Statements

Period from 30 September 2024 to 28 September 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Gordon House Station Road, Mill Hill, NW72JU, London.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 25% reducing balance

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 11 (2024: 22 ).
5. Intangible assets

| Development costs
| £
Cost |
At 30 September 2024 and 28 September 2025 | 61,291
| --------
Amortisation |
At 30 September 2024 and 28 September 2025 | –
| --------
Carrying amount |
At 28 September 2025 | 61,291
| --------
At 29 September 2024 | 61,291
| --------

6. Tangible assets

| Equipment | Total
| £ | £
Cost |  |
At 30 September 2024 | 34,709 | 34,709
Additions | 7,964 | 7,964
| -------- | --------
At 28 September 2025 | 42,673 | 42,673
| -------- | --------
Depreciation |  |
At 30 September 2024 | 29,545 | 29,545
Charge for the period | 3,282 | 3,282
| -------- | --------
At 28 September 2025 | 32,827 | 32,827
| -------- | --------
Carrying amount |  |
At 28 September 2025 | 9,846 | 9,846
| -------- | --------
At 29 September 2024 | 5,164 | 5,164
| -------- | --------

7. Investments

| Other investments other than loans
| £
Cost |
At 30 September 2024 and 28 September 2025 | 20,700
| --------
Impairment |
At 30 September 2024 and 28 September 2025 | –
| --------

Carrying amount |
At 28 September 2025 | 20,700
| --------
At 29 September 2024 | 20,700
| --------

8. Debtors

| 28 Sep 25 | 29 Sep 24
| £ | £
Trade debtors | 37,338 | 38,423
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 14,693 | 14,382
Other debtors | 61,232 | 61,353
| --------- | ---------
| 113,263 | 114,158
| --------- | ---------

9. Creditors: amounts falling due within one year

| 28 Sep 25 | 29 Sep 24
| £ | £
Bank loans and overdrafts | 15,593 | –
Trade creditors | 21,041 | 15,555
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 28,434 | 29,692
Corporation tax | 2,138 | 16,226
Social security and other taxes | 31,307 | 33,866
Other creditors | 79,975 | 75,084
| --------- | ---------
| 178,488 | 170,423
| --------- | ---------

10. Directors' advances, credits and guarantees
No transactions were undertaken such as are required to be disclosed.
11. Related party transactions
There was no ultimate controlling party throughout the current and previous year. Ms Foulis and Ms May are directors and majority shareholders. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard FRS 102 (Section 1A)