Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312022-07-01falseRecruitment Agency21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10804888 2022-07-01 2023-12-31 10804888 2021-07-01 2022-06-30 10804888 2023-12-31 10804888 2022-06-30 10804888 c:Director1 2022-07-01 2023-12-31 10804888 d:OfficeEquipment 2022-07-01 2023-12-31 10804888 d:OfficeEquipment 2023-12-31 10804888 d:OfficeEquipment 2022-06-30 10804888 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-12-31 10804888 d:ComputerEquipment 2022-07-01 2023-12-31 10804888 d:ComputerEquipment 2023-12-31 10804888 d:ComputerEquipment 2022-06-30 10804888 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-12-31 10804888 d:OwnedOrFreeholdAssets 2022-07-01 2023-12-31 10804888 d:CurrentFinancialInstruments 2023-12-31 10804888 d:CurrentFinancialInstruments 2022-06-30 10804888 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10804888 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10804888 d:ShareCapital 2023-12-31 10804888 d:ShareCapital 2022-06-30 10804888 d:RetainedEarningsAccumulatedLosses 2023-12-31 10804888 d:RetainedEarningsAccumulatedLosses 2022-06-30 10804888 c:OrdinaryShareClass1 2022-07-01 2023-12-31 10804888 c:OrdinaryShareClass1 2023-12-31 10804888 c:OrdinaryShareClass1 2022-06-30 10804888 c:FRS102 2022-07-01 2023-12-31 10804888 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-12-31 10804888 c:FullAccounts 2022-07-01 2023-12-31 10804888 c:PrivateLimitedCompanyLtd 2022-07-01 2023-12-31 10804888 d:WithinOneYear 2023-12-31 10804888 d:WithinOneYear 2022-06-30 10804888 2 2022-07-01 2023-12-31 10804888 e:PoundSterling 2022-07-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10804888














INVENIO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
INVENIO LIMITED
 

CONTENTS



Page
Statement of financial position
 
1 - 2
Notes to the financial statements
 
3 - 7


 
INVENIO LIMITED
REGISTERED NUMBER:10804888

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

31 December
30 June
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,040
689

Current assets
  

Debtors: amounts falling due within one year
 5 
7,338
2,304

Cash at bank and in hand
  
15,786
-

Current liabilities
  
23,124
2,304

Creditors: amounts falling due within one year
 6 
(23,416)
(2,001)

Net current (liabilities)/assets
  
 
 
(292)
 
 
303

  

Net assets
  
3,748
992


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
3,747
991

  
3,748
992


Page 1

 
INVENIO LIMITED
REGISTERED NUMBER:10804888
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2024.




P Clarke
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
INVENIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Invenio Limited is a limited liability company registered in England and Wales. Its registered office address is at 1 Webbs Court, Buckhurst Avenue, Sevenoaks, Kent, TN13 1LZ.
The principal activity of the Company during the period was that of recruitment agency.
The financial statements are presented in £ sterling, which is the functional currency of the Company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and excluding Value Added Tax.
Revenue is recognised when the service is provided. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
INVENIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
INVENIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 
Cash and cash equivalents comprise cash balances and call deposits.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2022 - 1).

Page 5

 
INVENIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Tangible fixed assets







Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 July 2022
1,028
-
1,028


Additions
2,790
1,166
3,956



At 31 December 2023

3,818
1,166
4,984



Depreciation


At 1 July 2022
339
-
339


Charge for the period on owned assets
509
96
605



At 31 December 2023

848
96
944



Net book value



At 31 December 2023
2,970
1,070
4,040



At 30 June 2022
689
-
689


5.


Debtors

31 December
30 June
2023
2022
£
£


Other debtors
350
-

Prepayments and accrued income
6,988
2,304

7,338
2,304


Page 6

 
INVENIO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

31 December
30 June
2023
2022
£
£

Trade creditors
698
-

Other taxation and social security
13,773
-

Other creditors
292
1,401

Accruals and deferred income
8,653
600

23,416
2,001



7.


Share capital

31 December
30 June
2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

31 December
30 June
2023
2022
£
£


Not later than 1 year
3,200
-

3,200
-

 
Page 7