IRIS Accounts Production v23.3.1.45 09033858 Board of Directors Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 Ordinary 01 1.00000 6211 462 76031 63989 59878 57316 22364 6211 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090338582022-05-31090338582023-05-31090338582022-06-012023-05-31090338582021-05-31090338582021-06-012022-05-31090338582022-05-3109033858ns10:Originalns15:EnglandWales2022-06-012023-05-3109033858ns14:PoundSterlingns10:Original2022-06-012023-05-3109033858ns10:Originalns10:Director12022-06-012023-05-3109033858ns10:Original2022-06-012023-05-3109033858ns10:Originalns10:Director22022-06-012023-05-3109033858ns10:Originalns10:Director32022-06-012023-05-3109033858ns10:Original2023-05-3109033858ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3109033858ns10:Originalns10:SmallEntities2022-06-012023-05-3109033858ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3109033858ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3109033858ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3109033858ns10:Originalns10:FullAccounts2022-06-012023-05-3109033858ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3109033858ns10:Originalns10:OrdinaryShareClass22022-06-012023-05-3109033858ns10:Original41ns10:Director12022-05-3109033858ns10:Original41ns10:Director12021-05-3109033858ns10:Original41ns10:Director12022-06-012023-05-3109033858ns10:Original41ns10:Director12021-06-012022-05-3109033858ns10:Original41ns10:Director12023-05-3109033858ns10:Original41ns10:Director12022-05-3109033858ns10:Originalns10:RegisteredOffice2022-06-012023-05-3109033858ns10:Original2022-05-3109033858ns10:Originalns5:CurrentFinancialInstruments2023-05-3109033858ns10:Originalns5:CurrentFinancialInstruments2022-05-3109033858ns10:Originalns5:Non-currentFinancialInstruments2023-05-3109033858ns10:Originalns5:Non-currentFinancialInstruments2022-05-3109033858ns5:ShareCapitalns10:Original2023-05-3109033858ns5:ShareCapitalns10:Original2022-05-3109033858ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3109033858ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3109033858ns10:Originalns5:MotorVehicles2022-06-012023-05-3109033858ns10:Original2021-06-012022-05-3109033858ns10:Originalns5:MotorVehicles2022-05-3109033858ns10:Originalns5:MotorVehicles2023-05-3109033858ns10:Originalns5:MotorVehicles2022-05-3109033858ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3109033858ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3109033858ns10:Originalns10:OrdinaryShareClass12023-05-3109033858ns10:Originalns10:OrdinaryShareClass22023-05-3109033858ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3109033858ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-012023-05-3109033858ns10:Originalns10:Director332022-05-3109033858ns10:Originalns10:Director332021-05-3109033858ns10:Originalns10:Director332022-06-012023-05-3109033858ns10:Originalns10:Director332021-06-012022-05-3109033858ns10:Originalns10:Director332023-05-3109033858ns10:Originalns10:Director332022-05-31
REGISTERED NUMBER: 09033858 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

INCENSED (UK) LTD

INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


INCENSED (UK) LTD

Company Information
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: Mr S Mansigani
Mrs P Mansigani
Mr A R Mansigani





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 09033858 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Balance Sheet
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 105,347 121,015

CURRENT ASSETS
Stocks 5 17,930 16,890
Debtors 6 33,070 9,452
Cash at bank and in hand 19,162 47,071
70,162 73,413
CREDITORS
Amounts falling due within one year 7 (100,560 ) (81,908 )
NET CURRENT LIABILITIES (30,398 ) (8,495 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,949

112,520

CREDITORS
Amounts falling due after more than one
year

8

(52,224

)

(86,799

)

PROVISIONS FOR LIABILITIES (18,863 ) (21,587 )
NET ASSETS 3,862 4,134

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 3,762 4,034
SHAREHOLDERS' FUNDS 3,862 4,134

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.

INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Balance Sheet - 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 21 February 2024 and were signed on its behalf by:




Mr S Mansigani - Director Mrs P Mansigani - Director




Mr A R Mansigani - Director


INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Incensed (UK) Ltd 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.
Motor vehicles - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 June 2022
and 31 May 2023 157,805
DEPRECIATION
At 1 June 2022 36,790
Charge for year 15,668
At 31 May 2023 52,458
NET BOOK VALUE
At 31 May 2023 105,347
At 31 May 2022 121,015

5. STOCKS
31.5.23 31.5.22
£    £   
Stocks 17,930 16,890

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 7,462 -
Rent deposit 2,700 2,700
Directors' current accounts 22,364 6,211
Tax 544 541
33,070 9,452

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 9,583 9,583
Hire purchase contracts 26,681 26,681
Trade creditors 6,281 4,430
Taxation and social security 45,217 34,969
Other creditors 12,798 6,245
100,560 81,908

INCENSED (UK) LTD (REGISTERED NUMBER: 09033858)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 21,985 31,518
Hire purchase contracts 30,239 55,281
52,224 86,799

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
200 Ordinary £1 49 49
200 Ordinary 01 £1 51 51
100 100

10. RESERVES
Retained
earnings
£   

At 1 June 2022 4,034
Profit for the year 85,058
Dividends (85,330 )
At 31 May 2023 3,762

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
Mr A R Mansigani and Mr S Mansigani
Balance outstanding at start of year 6,211 (462 )
Amounts advanced 76,031 63,989
Amounts repaid (59,878 ) (57,316 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,364 6,211

The overdrawn director's current balance was repaid through an interim dividend on 30th September 2023.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £85,330 (2022 - £119,926) were paid to the directors .