Ink Holdings Ltd 14501207 false 2022-11-23 2023-11-30 2023-11-30 The principal activity of the company is Activities of other holding companies not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true true 14501207 2022-11-23 2023-11-30 14501207 2023-11-30 14501207 core:CurrentFinancialInstruments 2023-11-30 14501207 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 14501207 bus:SmallEntities 2022-11-23 2023-11-30 14501207 bus:AuditExemptWithAccountantsReport 2022-11-23 2023-11-30 14501207 bus:FilletedAccounts 2022-11-23 2023-11-30 14501207 bus:SmallCompaniesRegimeForAccounts 2022-11-23 2023-11-30 14501207 bus:RegisteredOffice 2022-11-23 2023-11-30 14501207 bus:Director1 2022-11-23 2023-11-30 14501207 bus:PrivateLimitedCompanyLtd 2022-11-23 2023-11-30 14501207 countries:England 2022-11-23 2023-11-30 iso4217:GBP xbrli:pure

Registration number: 14501207

Ink Holdings Ltd

Unaudited Filleted Abridged Financial Statements

for the Period from 23 November 2022 to 30 November 2023

 

Ink Holdings Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

Ink Holdings Ltd

Company Information

Director

Mr Adeet Maswood

Registered office

International House
45-55 Commercial Street
London
London
E1 6BD

Accountants

Onyx Accountants Limited
Chartered Management Accountants
Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
B7 4NU

 

Ink Holdings Ltd

(Registration number: 14501207)
Abridged Balance Sheet as at 30 November 2023

Note

2023
£

Fixed assets

 

Intangible assets

4

1,020

Current assets

 

Debtors

5

433,432

Cash at bank and in hand

 

209,450

 

642,882

Creditors: Amounts falling due within one year

(647,971)

Net current liabilities

 

(5,089)

Total assets less current liabilities

 

(4,069)

Accruals and deferred income

 

(360)

Net liabilities

 

(4,429)

Capital and reserves

 

Called up share capital

100

Retained earnings

(4,529)

Shareholders' deficit

 

(4,429)

For the financial period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 August 2024
 

 

Ink Holdings Ltd

(Registration number: 14501207)
Abridged Balance Sheet as at 30 November 2023

.........................................
Mr Adeet Maswood
Director

 

Ink Holdings Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 23 November 2022 to 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
International House
45-55 Commercial Street
London
London
E1 6BD
United Kingdom

These financial statements were authorised for issue by the director on 23 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Ink Holdings Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 23 November 2022 to 30 November 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Intangible assets

Total
£

Cost or valuation

Additions acquired separately

1,020

At 30 November 2023

1,020

Amortisation

Carrying amount

At 30 November 2023

1,020

5

Debtors

Debtors includes £Nil due after more than one year.