Company Registration No. 12552492 (England and Wales)
Inc (Embankment) Ltd
Unaudited accounts
for the year ended 30 June 2023
Inc (Embankment) Ltd
Unaudited accounts
Contents
Inc (Embankment) Ltd
Company Information
for the year ended 30 June 2023
Company Number
12552492 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
United Kingdom
Accountants
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
Inc (Embankment) Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
89,871
89,871
Tangible assets
913,498
921,295
Cash at bank and in hand
92,111
34,170
Creditors: amounts falling due within one year
(1,570,286)
(976,326)
Net current assets/(liabilities)
794,998
(75,943)
Total assets less current liabilities
1,798,367
935,223
Creditors: amounts falling due after more than one year
(847,558)
(561,464)
Net assets
950,809
373,759
Called up share capital
1
1
Profit and loss account
950,808
373,758
Shareholders' funds
950,809
373,759
For the year ending 30 June 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 14 March 2024 and were signed on its behalf by
Jack Mason
Director
Company Registration No. 12552492
Inc (Embankment) Ltd
Notes to the Accounts
for the year ended 30 June 2023
Inc (Embankment) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12552492. The registered office is 128 City Road, , London, EC1V 2NX, 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 remained unchanged from the previous year, and also 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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Inc (Embankment) Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
53,537
992,076
38,302
1,083,915
Additions
-
65,585
-
65,585
At 30 June 2023
53,537
1,057,661
38,302
1,149,500
At 1 July 2022
9,809
136,798
16,013
162,620
Charge for the year
4,905
59,165
9,312
73,382
At 30 June 2023
14,714
195,963
25,325
236,002
At 30 June 2023
38,823
861,698
12,977
913,498
At 30 June 2022
43,728
855,278
22,289
921,295
Amounts falling due within one year
Trade debtors
16,159
82,484
Amounts due from group undertakings etc.
1,734,644
458,630
Accrued income and prepayments
239,907
325,099
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
251
-
Trade creditors
921,639
749,093
Taxes and social security
(63,457)
(63,457)
Other creditors
207,280
194,130
Deferred income
(40,333)
8,010
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
590,091
538,997
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).