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Company Registration No. 12872472 (England and Wales)
Invise Limited Unaudited accounts for the year ended 30 September 2023
Invise Limited Unaudited accounts Contents
Page
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Invise Limited Company Information for the year ended 30 September 2023
Directors
James Richard Baker Sally Anne Baker
Company Number
12872472 (England and Wales)
Registered Office
Sadler Bridge Studios Bold Lane Derby DE1 3NT
Accountants
RLTP Accountants Suite 8, Riverside Business Centre Foundry Lane Milford, Belper Derbyshire DE56 0RN
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Invise Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,818 
8,634 
Current assets
Debtors
22,431 
22,580 
Cash at bank and in hand
7,336 
29,001 
29,767 
51,581 
Creditors: amounts falling due within one year
(14,920)
(4,914)
Net current assets
14,847 
46,667 
Total assets less current liabilities
67,665 
55,301 
Creditors: amounts falling due after more than one year
(45,235)
- 
Net assets
22,430 
55,301 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,330 
55,201 
Shareholders' funds
22,430 
55,301 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by
James Richard Baker Director Company Registration No. 12872472
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Invise Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Invise Limited is a private company, limited by shares, registered in England and Wales, registration number 12872472. The registered office is Sadler Bridge Studios, Bold Lane, Derby, DE1 3NT.
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 remained unchanged from the previous year, and also 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
25% RB
Computer equipment
33% RB
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
4,793 
- 
5,543 
10,336 
Additions
2,750 
56,579 
3,267 
62,596 
At 30 September 2023
7,543 
56,579 
8,810 
72,932 
Depreciation
At 1 October 2022
452 
- 
1,250 
1,702 
Charge for the year
1,772 
14,145 
2,495 
18,412 
At 30 September 2023
2,224 
14,145 
3,745 
20,114 
Net book value
At 30 September 2023
5,319 
42,434 
5,065 
52,818 
At 30 September 2022
4,341 
- 
4,293 
8,634 
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Invise Limited Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,822 
21,971 
Accrued income and prepayments
383 
383 
22,205 
22,354 
Amounts falling due after more than one year
Other debtors
226 
226 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
7,699 
8,678 
Trade creditors
480 
- 
Taxes and social security
4,633 
14,229 
Other creditors
735 
796 
Loans from directors
173 
(19,989)
Accruals
1,200 
1,200 
14,920 
4,914 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
45,235 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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