PTP Accounts Production v22.3.3.48 09907517 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure099075172022-12-31099075172023-12-31099075172023-01-012023-12-31099075172021-12-31099075172022-01-012022-12-31099075172022-12-3109907517ns16:EnglandWales2023-01-012023-12-3109907517ns15:PoundSterling2023-01-012023-12-3109907517ns11:Director12023-01-012023-12-3109907517ns11:PrivateLimitedCompanyLtd2023-01-012023-12-3109907517ns11:SmallEntities2023-01-012023-12-3109907517ns11:AuditExempt-NoAccountantsReport2023-01-012023-12-3109907517ns11:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109907517ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109907517ns11:FullAccounts2023-01-012023-12-3109907517ns11:Director22023-01-012023-12-3109907517ns11:RegisteredOffice2023-01-012023-12-3109907517ns6:CurrentFinancialInstruments2023-12-3109907517ns6:CurrentFinancialInstruments2022-12-3109907517ns6:ShareCapital2023-12-3109907517ns6:ShareCapital2022-12-3109907517ns6:RetainedEarningsAccumulatedLosses2023-12-3109907517ns6:RetainedEarningsAccumulatedLosses2022-12-3109907517ns6:LandBuildings2023-01-012023-12-3109907517ns6:LandBuildings2022-12-3109907517ns6:LandBuildings2023-12-3109907517ns6:LandBuildings2022-12-31
REGISTERED NUMBER: 09907517 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Inkerman Developments Ltd

Inkerman Developments Ltd (Registered number: 09907517)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Inkerman Developments Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D Self
M Byles





REGISTERED OFFICE: 6 Temple Road
Southampton
Hampshire
SO19 9FE





REGISTERED NUMBER: 09907517 (England and Wales)





ACCOUNTANTS: PD Accountancy Services Ltd
1 Post Office House
184 Bridge Road
Sarisbury Green
Southampton
Hampshire
SO31 7ED

Inkerman Developments Ltd (Registered number: 09907517)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 128,535 128,535

CURRENT ASSETS
Cash at bank 8,844 3,005

CREDITORS
Amounts falling due within one year 5 123,420 122,938
NET CURRENT LIABILITIES (114,576 ) (119,933 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,959

8,602

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,859 8,502
13,959 8,602

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

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

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 6 September 2024 and were signed on its behalf by:





D Self - Director


Inkerman Developments Ltd (Registered number: 09907517)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Inkerman Developments 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.

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.
Land and buildings - in accordance with the property

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Inkerman Developments Ltd (Registered number: 09907517)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2023
and 31 December 2023 128,535
NET BOOK VALUE
At 31 December 2023 128,535
At 31 December 2022 128,535

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to associates 10,960 10,960
Tax 1,257 775
Other creditors 13 13
Directors' current accounts 110,686 110,686
Accrued expenses 504 504
123,420 122,938

6. RELATED PARTY DISCLOSURES

The rental income received during the year, and in the prior year, is from a company to which the directors own 100% of the issued share capital.

7. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors by virtue of their 50% holding each in the issued share capital of the company.