Intec For Business Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03031768

INTEC FOR BUSINESS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

INTEC FOR BUSINESS LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

INTEC FOR BUSINESS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		29,085	29,777

Current assets

Stocks		129,725	132,475
Debtors	6	419,461	363,244
Cash at bank and in hand		–	100,390
		---------	---------
		549,186	596,109

Creditors: amounts falling due within one year	7	410,550		457,310
		---------		---------
Net current assets			138,636	138,799
			---------	---------
Total assets less current liabilities			167,721	168,576

Creditors: amounts falling due after more than one year	8		–	1,769

Provisions

Taxation including deferred tax	2,689	2,791
	---------	---------
Net assets	165,032	164,016
	---------	---------

Capital and reserves

Called up share capital	902	900
Profit and loss account	164,130	163,116
	---------	---------
Shareholders funds	165,032	164,016
	---------	---------

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 comprehensive income has not been delivered.

For the year ending 31 March 2026 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 year 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 .

INTEC FOR BUSINESS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 10 August 2026 , and are signed on behalf of the board by:

Mr S. J. Gregory	Mr M. A. Grimley
Director	Director

Mr T. J. Gregory	Mr L. D. Gregory
Director	Director

Company registration number: 03031768

INTEC FOR BUSINESS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Kirkby Drive, Sale, England, M33 3ET.

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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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:

	Fixtures, fittings and equipment	-	10% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2025: 12 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2025	280,311	280,311
Additions	2,539	2,539
	---------	---------
At 31 March 2026	282,850	282,850
	---------	---------
Depreciation
At 1 April 2025	250,534	250,534
Charge for the year	3,231	3,231
	---------	---------
At 31 March 2026	253,765	253,765
	---------	---------
Carrying amount
At 31 March 2026	29,085	29,085
	---------	---------
At 31 March 2025	29,777	29,777
	---------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	414,433	363,244
Other debtors	5,028	–
	---------	---------
	419,461	363,244
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,688	10,479
Trade creditors	157,890	263,479
Social security and other taxes	131,158	157,704
Other creditors	115,814	25,648
	---------	---------
	410,550	457,310
	---------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	1,769
	----	-------

9. Directors' advances, credits and guarantees

At 31 March 2026 the company owed £85,468 (2025: £468) to S. J. Gregory. No interest has been charged to the company in respect of the loan which is repayable on demand and is classified under creditors falling due within one year.

10. Related party transactions

The company was under the control of S J Gregory throughout the current and previous year. S J Gregory is the managing director and majority shareholder.