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REGISTERED NUMBER: 10636035 (England and Wales)














INGREDIENT COMMUNICATIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022






INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


INGREDIENT COMMUNICATIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: R A Clarke
S Harman





REGISTERED OFFICE: 6 Marlborough Place
Brighton
East Sussex
BN1 1UB





REGISTERED NUMBER: 10636035 (England and Wales)





ACCOUNTANTS: Flint Accounting Ltd.
Chartered Accountants
6 Marlborough Place
Brighton
East Sussex
BN1 1UB

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
INGREDIENT COMMUNICATIONS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ingredient Communications Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ingredient Communications Limited, as a body, in accordance with the terms of our engagement letter dated 5 July 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Ingredient Communications Limited and state those matters that we have agreed to state to the Board of Directors of Ingredient Communications Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ingredient Communications Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ingredient Communications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ingredient Communications Limited. You consider that Ingredient Communications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ingredient Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Flint Accounting Ltd.
Chartered Accountants
6 Marlborough Place
Brighton
East Sussex
BN1 1UB


13 September 2022

INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,312 948

CURRENT ASSETS
Debtors 5 294,068 105,737
Cash at bank and in hand 354,135 494,953
648,203 600,690
CREDITORS
Amounts falling due within one year 6 395,083 392,282
NET CURRENT ASSETS 253,120 208,408
TOTAL ASSETS LESS CURRENT LIABILITIES 293,432 209,356

PROVISIONS FOR LIABILITIES 7 7,659 180
NET ASSETS 285,773 209,176

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 285,673 209,076
SHAREHOLDERS' FUNDS 285,773 209,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

BALANCE SHEET - continued
31 MARCH 2022


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:




R A Clarke - Director



S Harman - Director


INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Ingredient Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2021 - - 3,582 3,582
Additions 153 43,668 1,041 44,862
At 31 March 2022 153 43,668 4,623 48,444
DEPRECIATION
At 1 April 2021 - - 2,634 2,634
Charge for year 16 4,549 933 5,498
At 31 March 2022 16 4,549 3,567 8,132
NET BOOK VALUE
At 31 March 2022 137 39,119 1,056 40,312
At 31 March 2021 - - 948 948

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 239,983 77,582
Other debtors 54,085 28,155
294,068 105,737

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 31,500 22,674
Taxation and social security 57,517 61,053
Other creditors 306,066 308,555
395,083 392,282

INGREDIENT COMMUNICATIONS LIMITED (REGISTERED NUMBER: 10636035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 7,659 180

Deferred
tax
£   
Balance at 1 April 2021 180
Charge to Income Statement during year 7,479
Balance at 31 March 2022 7,659

8. RESERVES
Retained
earnings
£   

At 1 April 2021 209,076
Profit for the year 277,597
Dividends (201,000 )
At 31 March 2022 285,673

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £90,450 were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The controlling party is R A Clarke.