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REGISTERED NUMBER: 08266768 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

INVITIAL LTD

INVITIAL LTD (REGISTERED NUMBER: 08266768)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVITIAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr D Mcinerney
Mrs G M Mcinerney
Mr A Hunt
Mrs D M Hunt





REGISTERED OFFICE: Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH





BUSINESS ADDRESS: 124 City Road
London
EC1V 2NX





REGISTERED NUMBER: 08266768 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

INVITIAL LTD (REGISTERED NUMBER: 08266768)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,195 37,197

CURRENT ASSETS
Debtors 5 30,803 19,365
Cash at bank 19,505 107,173
50,308 126,538
CREDITORS
Amounts falling due within one year 6 50,075 94,744
NET CURRENT ASSETS 233 31,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,428

68,991

PROVISIONS FOR LIABILITIES 1,134 842
NET ASSETS 37,294 68,149

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,194 68,049
SHAREHOLDERS' FUNDS 37,294 68,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

INVITIAL LTD (REGISTERED NUMBER: 08266768)

BALANCE SHEET - continued
31 OCTOBER 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 24 July 2024 and were signed on its behalf by:




Mr D Mcinerney - Director



Mr A Hunt - Director


INVITIAL LTD (REGISTERED NUMBER: 08266768)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Invitial 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

INVITIAL LTD (REGISTERED NUMBER: 08266768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 November 2022 32,769 2,048 33,333 68,150
Additions - - 5,137 5,137
Disposals - - (15,716 ) (15,716 )
At 31 October 2023 32,769 2,048 22,754 57,571
DEPRECIATION
At 1 November 2022 - 1,478 29,475 30,953
Charge for year - 114 3,614 3,728
Eliminated on disposal - - (15,305 ) (15,305 )
At 31 October 2023 - 1,592 17,784 19,376
NET BOOK VALUE
At 31 October 2023 32,769 456 4,970 38,195
At 31 October 2022 32,769 570 3,858 37,197

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 30,628 19,200
Prepayments and accrued income 175 165
30,803 19,365

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 78 500
Tax 18,356 29,526
Social security and other taxes 3,952 1,037
VAT 5,361 1,375
Other creditors 627 255
Directors' current accounts 19,464 3,949
Deferred income 1 56,251
Accrued expenses 2,236 1,851
50,075 94,744

7. ULTIMATE CONTROLLING PARTY

The company is under the control of all four directors.