Company Registration No. 09915499 (England and Wales)
INEX LONDON LTD
Unaudited accounts
for the year ended 31 December 2019
INEX LONDON LTD
Unaudited accounts
Contents
INEX LONDON LTD
Company Information
for the year ended 31 December 2019
Company Number
09915499 (England and Wales)
Registered Office
86-90 Paul Street
London
EC2A 4NE
United Kingdom
INEX LONDON LTD
Statement of financial position
as at 31 December 2019
Intangible assets
7,688
9,282
Tangible assets
1,676,449
1,485,469
Inventories
497,646
545,425
Cash at bank and in hand
388,946
460,047
Creditors: amounts falling due within one year
(103,602)
(445,732)
Net current assets
908,960
748,774
Net assets
2,632,757
2,283,185
Called up share capital
100
100
Profit and loss account
2,632,657
2,283,085
Shareholders' funds
2,632,757
2,283,185
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 March 2020 and were signed on its behalf by
Ben Yilmaz
Director
Company Registration No. 09915499
INEX LONDON LTD
Notes to the Accounts
for the year ended 31 December 2019
INEX LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 09915499. The registered office is 86-90 Paul Street, London, EC2A 4NE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 31 December 2019
10,627
INEX LONDON LTD
Notes to the Accounts
for the year ended 31 December 2019
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2019
770,931
562,548
216,526
64,093
96,353
1,710,451
Additions
220,190
111,016
55,800
28,707
26,182
441,895
At 31 December 2019
991,121
673,564
272,326
92,800
122,535
2,152,346
At 1 January 2019
58,276
94,235
36,718
11,935
23,818
224,982
Charge for the year
49,127
100,268
53,166
18,348
30,006
250,915
At 31 December 2019
107,403
194,503
89,884
30,283
53,824
475,897
At 31 December 2019
883,718
479,061
182,442
62,517
68,711
1,676,449
At 31 December 2018
712,655
468,313
179,808
52,158
72,535
1,485,469
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Investments
Subsidiary undertakings
Valuation at 1 January 2019
39,660
Valuation at 31 December 2019
39,660
Amounts falling due within one year
Trade debtors
125,970
189,034
8
Creditors: amounts falling due within one year
2019
2018
Trade creditors
21,604
124,058
Taxes and social security
81,998
321,674
9
Average number of employees
During the year the average number of employees was 8 (2018: 8).