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REGISTERED NUMBER: 06918046 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Invenia Group Limited

Invenia Group Limited (Registered number: 06918046)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Invenia Group Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: J Chippindale
P Rodwell





REGISTERED OFFICE: Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ





REGISTERED NUMBER: 06918046 (England and Wales)





ACCOUNTANTS: Johal & Company
Chartered Certified Accountants
& Registered Auditors
Spectrum House
2B Suttons Lane
Hornchurch
Essex
RM12 6RJ

Invenia Group Limited (Registered number: 06918046)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,268 69,044
Investments 5 400 400
99,668 69,444

CURRENT ASSETS
Debtors 6 854,448 691,016
Cash at bank 296,969 193,463
1,151,417 884,479
CREDITORS
Amounts falling due within one year 7 561,304 439,013
NET CURRENT ASSETS 590,113 445,466
TOTAL ASSETS LESS CURRENT
LIABILITIES

689,781

514,910

CREDITORS
Amounts falling due after more than one year 8 116,546 171,296
NET ASSETS 573,235 343,614

CAPITAL AND RESERVES
Called up share capital 334 305
Share premium 23,003 -
Retained earnings 549,898 343,309
SHAREHOLDERS' FUNDS 573,235 343,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Invenia Group Limited (Registered number: 06918046)

Statement of Financial Position - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:




J Chippindale - Director



P Rodwell - Director


Invenia Group Limited (Registered number: 06918046)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Invenia Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Improvements to property - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Invenia Group Limited (Registered number: 06918046)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

2. ACCOUNTING POLICIES - continued

Subsidiaries
Invenia Group Limited is a parent company of Crimoson Global Talent Limited (Co No. 11280668). The registered office address is Spectrum House, 2b Suttons Lane, Hornchurch, Essex, United Kingdom, RM12 6RJ.

Invenia Group Limited holds 400 shares in Crimson which makes up 100% of the total share capital.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 50 (2022 - 30 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Short to and Motor
leasehold property fittings vehicles Totals
£    £    £    £    £   
COST
At 1 June 2022 9,505 35,128 150,205 - 194,838
Additions - - 24,389 39,083 63,472
At 31 May 2023 9,505 35,128 174,594 39,083 258,310
DEPRECIATION
At 1 June 2022 8,079 24,245 93,470 - 125,794
Charge for year 476 2,720 20,281 9,771 33,248
At 31 May 2023 8,555 26,965 113,751 9,771 159,042
NET BOOK VALUE
At 31 May 2023 950 8,163 60,843 29,312 99,268
At 31 May 2022 1,426 10,883 56,735 - 69,044

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 June 2022
and 31 May 2023 400
NET BOOK VALUE
At 31 May 2023 400
At 31 May 2022 400

Invenia Group Limited (Registered number: 06918046)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

6. DEBTORS
31.5.23 31.5.22
£    £   
Amounts falling due within one year:
Trade debtors 400,119 403,134
Other debtors 409,420 287,882
809,539 691,016

Amounts falling due after more than one year:
Amounts owed by participating interests 44,909 -

Aggregate amounts 854,448 691,016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 93,122 46,027
Taxation and social security 321,046 187,662
Other creditors 147,136 205,324
561,304 439,013

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 116,546 171,296