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
INNO INSTRUMENT UK LTD
Company Information
for the year ended 31 December 2023
Company Number
13224446 (England and Wales)
Registered Office
Unit G10c Frome Business Park
Manor Road
Frome
BA11 4FN
UNITED KINGDOM
INNO INSTRUMENT UK LTD
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
113,642
Creditors: amounts falling due within one year
(949,288)
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
INNO INSTRUMENT UK LTD
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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:
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
At 31 December 2023
10,005
1,595
3,685
15,285
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
At 31 December 2023
7,504
1,223
1,962
10,689
INNO INSTRUMENT UK LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
2,484
Amounts falling due after more than one year
Accrued income and prepayments
10,730
6
Creditors: amounts falling due within one year
2023
7
Average number of employees
During the year the average number of employees was 4.