IRIS Accounts Production v24.1.0.576 12288794 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 E Ordianry 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122887942023-01-31122887942024-01-31122887942023-02-012024-01-31122887942022-01-31122887942022-02-012023-01-31122887942023-01-3112288794ns15:EnglandWales2023-02-012024-01-3112288794ns14:PoundSterling2023-02-012024-01-3112288794ns10:Director12023-02-012024-01-3112288794ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3112288794ns10:SmallEntities2023-02-012024-01-3112288794ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3112288794ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3112288794ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3112288794ns10:FullAccounts2023-02-012024-01-3112288794ns10:OrdinaryShareClass12023-02-012024-01-3112288794ns10:OrdinaryShareClass22023-02-012024-01-3112288794ns10:OrdinaryShareClass32023-02-012024-01-3112288794ns10:OrdinaryShareClass42023-02-012024-01-3112288794ns10:OrdinaryShareClass52023-02-012024-01-3112288794ns10:Director22023-02-012024-01-3112288794ns10:Director32023-02-012024-01-3112288794ns10:RegisteredOffice2023-02-012024-01-3112288794ns5:CurrentFinancialInstruments2024-01-3112288794ns5:CurrentFinancialInstruments2023-01-3112288794ns5:ShareCapital2024-01-3112288794ns5:ShareCapital2023-01-3112288794ns5:RetainedEarningsAccumulatedLosses2024-01-3112288794ns5:RetainedEarningsAccumulatedLosses2023-01-3112288794ns5:PlantMachinery2023-02-012024-01-3112288794ns5:ComputerEquipment2023-02-012024-01-3112288794ns5:PlantMachinery2023-01-3112288794ns5:ComputerEquipment2023-01-3112288794ns5:PlantMachinery2024-01-3112288794ns5:ComputerEquipment2024-01-3112288794ns5:PlantMachinery2023-01-3112288794ns5:ComputerEquipment2023-01-3112288794ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3112288794ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3112288794ns10:OrdinaryShareClass12024-01-3112288794ns10:OrdinaryShareClass22024-01-3112288794ns10:OrdinaryShareClass32024-01-3112288794ns10:OrdinaryShareClass42024-01-3112288794ns10:OrdinaryShareClass52024-01-31
REGISTERED NUMBER: 12288794 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

INCIDENTAL LTD

INCIDENTAL LTD (REGISTERED NUMBER: 12288794)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INCIDENTAL LTD

COMPANY INFORMATION
For The Year Ended 31st January 2024







DIRECTORS: C J O'Connor
S J Pearey
N C M Suggett





REGISTERED OFFICE: Studio 4
Sinclair Court Darrell Street
Brunswick Village
Newcastle Upon Tyne
NE13 7DS





REGISTERED NUMBER: 12288794 (England and Wales)





ACCOUNTANTS: Stafford Accountancy
The Yard Suite 2.2
Gill Bridge Avenue
Sunderland
Tyne and Wear
SR1 3AW

INCIDENTAL LTD (REGISTERED NUMBER: 12288794)

BALANCE SHEET
31st January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,451 59,026

CURRENT ASSETS
Stocks 257,343 253,629
Debtors 5 24,360 19,661
Cash at bank 63,848 62,507
345,551 335,797
CREDITORS
Amounts falling due within one year 6 161,700 216,177
NET CURRENT ASSETS 183,851 119,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,302

178,646

PROVISIONS FOR LIABILITIES 27,363 14,757
NET ASSETS 265,939 163,889

CAPITAL AND RESERVES
Called up share capital 7 6 6
Retained earnings 265,933 163,883
SHAREHOLDERS' FUNDS 265,939 163,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 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.

INCIDENTAL LTD (REGISTERED NUMBER: 12288794)

BALANCE SHEET - continued
31st January 2024


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 5th August 2024 and were signed on its behalf by:





C J O'Connor - Director


INCIDENTAL LTD (REGISTERED NUMBER: 12288794)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31st January 2024

1. STATUTORY INFORMATION

Incidental 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
The turnover shown in the profit and loss account represents income receivable from the trading of
dental materials dispatched during the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Computer equipment - 25% on cost

Government grants
Grants are recognised within the financial statements in the period where there is reasonable
assurance that the grant conditions will be met and that all conditions attaching to the grant will be
complied with.

When the grant relates to an expenses, it is recognised as income over the years necessary to match the grant on a systematic basis to the costs that it intends to compensate.

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.


INCIDENTAL LTD (REGISTERED NUMBER: 12288794)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st January 2024

2. ACCOUNTING POLICIES - continued
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.

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st February 2023 53,423 6,156 59,579
Additions 58,682 21,926 80,608
At 31st January 2024 112,105 28,082 140,187
DEPRECIATION
At 1st February 2023 - 553 553
Charge for year 25,347 4,836 30,183
At 31st January 2024 25,347 5,389 30,736
NET BOOK VALUE
At 31st January 2024 86,758 22,693 109,451
At 31st January 2023 53,423 5,603 59,026

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,799 17,389
Other debtors 1,293 600
Prepayments 2,268 1,672
24,360 19,661

INCIDENTAL LTD (REGISTERED NUMBER: 12288794)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,800 26,571
Amounts owed to associates 78,193 145,497
Tax 42,729 29,581
Social security and other taxes (1,204 ) (898 )
VAT 27,166 9,057
Other creditors 329 351
Directors' current accounts 3,120 4,218
Accrued expenses 2,567 1,800
161,700 216,177

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
1 C Ordinary £1 1 1
1 D Ordinary £1 1 1
1 E Ordianry £1 1 1
1 F Ordinary £1 1 1
6 6

8. OTHER FINANCIAL COMMITMENTS

Other financial commitments as at 31 January 2024 amounted to £nil (2023: £2,850).