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Company Registration No. 11003736 (England and Wales)
INNDEX LIMITED Unaudited accounts for the year ended 31 October 2023
INNDEX LIMITED Unaudited accounts Contents
Page
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INNDEX LIMITED Company Information for the year ended 31 October 2023
Directors
Aaron Vousden George Smithies
Company Number
11003736 (England and Wales)
Registered Office
HAFOD WEN LLANDDONA BEAUMARIS LL58 8UU UNITED KINGDOM
Accountants
Vicente Kewley Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of INNDEX LIMITED for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of INNDEX LIMITED for the year ended 31 October 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of INNDEX LIMITED, as a body, in accordance with the terms of our engagement letter dated 11 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of INNDEX LIMITED and state those matters that we have agreed to state to the Board of Directors of INNDEX LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than INNDEX LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that INNDEX LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of INNDEX LIMITED. You consider that INNDEX LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of INNDEX LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Vicente Kewley Accountancy Limited Chartered Accountants 71-75 Shelton Street London WC2H 9JQ 23 May 2024
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INNDEX LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
646,525 
488,513 
Current assets
Debtors
676,513 
340,006 
Cash at bank and in hand
601,170 
19,906 
1,277,683 
359,912 
Creditors: amounts falling due within one year
(245,701)
(124,448)
Net current assets
1,031,982 
235,464 
Total assets less current liabilities
1,678,507 
723,977 
Creditors: amounts falling due after more than one year
(86,686)
(120,530)
Net assets
1,591,821 
603,447 
Capital and reserves
Called up share capital
500,101 
101 
Profit and loss account
1,091,720 
603,346 
Shareholders' funds
1,591,821 
603,447 
For the year ending 31 October 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 23 May 2024 and were signed on its behalf by
George Smithies Director Company Registration No. 11003736
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INNDEX LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
INNDEX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11003736. The registered office is HAFOD WEN, LLANDDONA, BEAUMARIS, LL58 8UU, 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.
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:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
382,391 
273,249 
655,640 
Additions
203,898 
208,442 
412,340 
At 31 October 2023
586,289 
481,691 
1,067,980 
Depreciation
At 1 November 2022
14,229 
152,898 
167,127 
Charge for the year
122,229 
132,099 
254,328 
At 31 October 2023
136,458 
284,997 
421,455 
Net book value
At 31 October 2023
449,831 
196,694 
646,525 
At 31 October 2022
368,162 
120,351 
488,513 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
- 
155,361 
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INNDEX LIMITED Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
676,513 
298,966 
Other debtors
- 
41,040 
676,513 
340,006 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
23,474 
34,267 
VAT
78,358 
22,136 
Trade creditors
143,697 
57,617 
Taxes and social security
187,680 
15,182 
Other creditors
15,160 
(4,754)
Loans from directors
(202,668)
- 
245,701 
124,448 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
86,686 
120,530 
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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