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
INEX LONDON LTD
Company Information
for the year ended 31 December 2020
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 2020
Intangible assets
6,094
7,688
Tangible assets
1,813,544
1,676,449
Inventories
418,437
497,646
Cash at bank and in hand
835,822
388,946
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
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
INEX LONDON LTD
Notes to the Accounts
for the year ended 31 December 2020
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 2020
10,627
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
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
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
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
9
Average number of employees
During the year the average number of employees was 8 (2019: 8).