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Company Registration No. 13224446 (England and Wales)
INNO INSTRUMENT UK LTD Unaudited accounts for the year ended 31 December 2023
INNO INSTRUMENT UK LTD Unaudited accounts Contents
Page
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INNO INSTRUMENT UK LTD Company Information for the year ended 31 December 2023
Director
Hyuck Han
Company Number
13224446 (England and Wales)
Registered Office
Unit G10c Frome Business Park Manor Road Frome BA11 4FN UNITED KINGDOM
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INNO INSTRUMENT UK LTD Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
10,689 
Current assets
Inventories
619,448 
Debtors
263,886 
Cash at bank and in hand
113,642 
996,976 
Creditors: amounts falling due within one year
(949,288)
Net current assets
47,688 
Net assets
58,377 
Capital and reserves
Called up share capital
200,000 
Profit and loss account
(141,623)
Shareholders' funds
58,377 
For the year ending 31 December 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 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 15 February 2024 and were signed on its behalf by
Hyuck Han Director Company Registration No. 13224446
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INNO INSTRUMENT UK LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
INNO INSTRUMENT UK LTD is a private company, limited by shares, registered in England and Wales, registration number 13224446. The registered office is Unit G10c Frome Business Park, Manor Road, Frome, BA11 4FN, 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 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:
Plant & machinery
5 years
Fixtures & fittings
5 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
10,005 
1,595 
1,939 
13,539 
Additions
- 
- 
1,746 
1,746 
At 31 December 2023
10,005 
1,595 
3,685 
15,285 
Depreciation
At 1 January 2023
500 
53 
596 
1,149 
Charge for the year
2,001 
319 
1,127 
3,447 
At 31 December 2023
2,501 
372 
1,723 
4,596 
Net book value
At 31 December 2023
7,504 
1,223 
1,962 
10,689 
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INNO INSTRUMENT UK LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
250,672 
Accrued income and prepayments
2,484 
253,156 
Amounts falling due after more than one year
Accrued income and prepayments
10,730 
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
3,572 
Trade creditors
944,128 
Accruals
1,588 
949,288 
7
Average number of employees
During the year the average number of employees was 4.
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