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Company Registration No. 09915499 (England and Wales)
INEX LONDON LTD Unaudited accounts for the year ended 31 December 2020
INEX LONDON LTD Unaudited accounts Contents
Page
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INEX LONDON LTD Company Information for the year ended 31 December 2020
Director
Ben Yilmaz
Company Number
09915499 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE United Kingdom
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INEX LONDON LTD Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,094 
7,688 
Tangible assets
1,813,544 
1,676,449 
Investments
39,660 
39,660 
1,859,298 
1,723,797 
Current assets
Inventories
418,437 
497,646 
Debtors
263,282 
125,970 
Cash at bank and in hand
835,822 
388,946 
1,517,541 
1,012,562 
Creditors: amounts falling due within one year
(180,556)
(103,602)
Net current assets
1,336,985 
908,960 
Net assets
3,196,283 
2,632,757 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,196,183 
2,632,657 
Shareholders' funds
3,196,283 
2,632,757 
For the year ending 31 December 2020 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 6 April 2021 and were signed on its behalf by
Ben Yilmaz Director Company Registration No. 09915499
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INEX LONDON LTD Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2020
10,627 
At 31 December 2020
10,627 
Amortisation
At 1 January 2020
2,939 
Charge for the year
1,594 
At 31 December 2020
4,533 
Net book value
At 31 December 2020
6,094 
At 31 December 2019
7,688 
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INEX LONDON LTD Notes to the Accounts for the year ended 31 December 2020
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 2020
991,121 
673,564 
272,326 
92,800 
122,535 
2,152,346 
Additions
265,322 
73,639 
55,851 
22,191 
17,152 
434,155 
At 31 December 2020
1,256,443 
747,203 
328,177 
114,991 
139,687 
2,586,501 
Depreciation
At 1 January 2020
107,403 
194,503 
89,884 
30,283 
53,824 
475,897 
Charge for the year
62,186 
112,032 
65,146 
22,818 
34,878 
297,060 
At 31 December 2020
169,589 
306,535 
155,030 
53,101 
88,702 
772,957 
Net book value
At 31 December 2020
1,086,854 
440,668 
173,147 
61,890 
50,985 
1,813,544 
At 31 December 2019
883,718 
479,061 
182,442 
62,517 
68,711 
1,676,449 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2020
39,660 
Valuation at 31 December 2020
39,660 
7
Debtors
2020 
2019 
£ 
£ 
Amounts falling due within one year
Trade debtors
263,282 
125,970 
8
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
48,372 
21,604 
Taxes and social security
132,184 
81,998 
180,556 
103,602 
9
Average number of employees
During the year the average number of employees was 8 (2019: 8).
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