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Company Registration No. 11403542 (England and Wales)
Inardua Consulting Limited Unaudited accounts for the year ended 31 March 2023
Inardua Consulting Limited Unaudited accounts Contents
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Inardua Consulting Limited Company Information for the year ended 31 March 2023
Directors
Joshua Malcolm Rowan Malcolm
Company Number
11403542 (England and Wales)
Registered Office
Unit 1D Spillmans Court Stroud Glos GL5 3RU England
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Inardua Consulting Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,544 
3,675 
Current assets
Debtors
32,495 
90,840 
Cash at bank and in hand
655,989 
57,394 
688,484 
148,234 
Creditors: amounts falling due within one year
(521,734)
(98,935)
Net current assets
166,750 
49,299 
Total assets less current liabilities
177,294 
52,974 
Creditors: amounts falling due after more than one year
(20,667)
(28,683)
Net assets
156,627 
24,291 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
156,626 
24,290 
Shareholders' funds
156,627 
24,291 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Joshua Malcolm Director Company Registration No. 11403542
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Inardua Consulting Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Inardua Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 11403542. The registered office is Unit 1D, Spillmans Court, Stroud, Glos, GL5 3RU, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of services is recognised as those services are provided to customers. Income invoiced in advance is included as part of other creditors.
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:
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
Foreign exchange
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Inardua Consulting Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
1,403 
4,912 
6,315 
Additions
2,275 
8,614 
10,889 
At 31 March 2023
3,678 
13,526 
17,204 
Depreciation
At 1 April 2022
1,280 
1,360 
2,640 
Charge for the year
881 
3,139 
4,020 
At 31 March 2023
2,161 
4,499 
6,660 
Net book value
At 31 March 2023
1,517 
9,027 
10,544 
At 31 March 2022
123 
3,552 
3,675 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
714 
89,502 
Accrued income and prepayments
4,360 
458 
Other debtors
27,421 
880 
32,495 
90,840 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,000 
7,988 
VAT
62,169 
23,161 
Trade creditors
17,736 
2,591 
Taxes and social security
109,475 
25,099 
Other creditors
264,079 
499 
Loans from directors
60,275 
28,673 
Accruals
- 
10,924 
521,734 
98,935 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,667 
28,683 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1 
1 
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Inardua Consulting Limited Notes to the Accounts for the year ended 31 March 2023
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
5,280 
Later than one year and not later than five years
9,360 
- 
9,360 
5,280 
10
Transactions with related parties
During the year the directors received the following:- J Malcolm Remuneration £9,500 (£9,500 2022) Pension payments £Nil (£Nil 2022) Benefits in kind £330 (£Nil 2022) Dividends £161,000 (£70,000 2022) R Malcolm Remuneration £50,000 (£39,514 2022) Pension payments £4,581 (£2,581 2022) Benefits in kind £330 (£Nil 2022) Dividends £69,000 (£30,000 2022)
11
Average number of employees
During the year the average number of employees was 13 (2022: 4).
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