2 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 06149237 2022-04-01 2023-03-31 06149237 2023-03-31 06149237 2021-04-01 2022-03-31 06149237 2022-03-31 06149237 bus:Director1 2022-04-01 2023-03-31 06149237 core:RestatedAmount 2022-03-31 06149237 bus:Director1 2022-03-31 06149237 bus:Director1 2023-03-31 06149237 bus:Director1 2021-03-31 06149237 bus:Director1 2022-03-31 06149237 bus:Director1 2021-04-01 2022-03-31 06149237 bus:Micro-entities 2022-04-01 2023-03-31 06149237 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06149237 bus:FullAccounts 2022-04-01 2023-03-31 06149237 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06149237 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 06149237
Innolution Ltd
Filleted Unaudited Financial Statements
31 March 2023
Innolution Ltd
Statement of Financial Position
31 March 2023
2023
2022
£
£
Fixed assets
181,984
182,762
---------
---------
Current assets
346,243
333,032
---------
---------
Net current assets
346,243
333,032
---------
---------
Total assets less current liabilities
528,227
515,794
Accruals and deferred income
1,220
1,920
---------
---------
527,007
513,874
---------
---------
Capital and reserves
527,007
513,874
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr H Cai
190,602
( 23,760)
166,842
---------
----
--------
---------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr H Cai
226,403
5,207
( 41,008)
190,602
---------
-------
--------
---------
For the year ending 31 March 2023 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 .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 5 November 2023 , and are signed on behalf of the board by:
Mr H Cai
Director
Company registration number: 06149237
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 29, 17 Faraday Road, London, England, W10 5NZ.