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REGISTERED NUMBER: 12621041 (England and Wales)










Report of the Director and

Financial Statements

for the Period 31 December 2021 to 28 June 2023

for

iNKFISH Investments Ltd

iNKFISH Investments Ltd (Registered number: 12621041)






Contents of the Financial Statements
for the Period 31 December 2021 to 28 June 2023




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 4


iNKFISH Investments Ltd

Company Information
for the Period 31 December 2021 to 28 June 2023







DIRECTOR: L Stedman-Bryce





REGISTERED OFFICE: Suite 4 10/12 The Grove,
Ilkley,
England
LS29 9EG





REGISTERED NUMBER: 12621041 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Suite 4, 10/12 The Grove,
Ilkley
West Yorkshire
LS29 9EG

iNKFISH Investments Ltd (Registered number: 12621041)

Report of the Director
for the Period 31 December 2021 to 28 June 2023

The director presents his report with the financial statements of the company for the period 31 December 2021 to 28 June 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of management consultancy activities other than financial management.

REVIEW OF BUSINESS
iNKFISH Investments Ltd operates as the main delivery arm of the iNKFISH group, responsible for developing and executing housing and care initiatives. The company has been focused on delivering two specialist supported housing projects in Southeast England, providing care for up to 20 adults. The project was completed in August 2024, with upfront costs funded by iNKFISH Capital Ltd.

Additionally, iNKFISH Investments Ltd has been engaged in a pilot project designed to increase residential children's care capacity, working in partnership with various stakeholders. The company has submitted proposals totalling £16 million to a range of partners, which are currently under review.

Despite experiencing financial losses over the last four years due to the significant upfront investments, the directors are optimistic that these projects will generate strong revenue in the coming years.

DIRECTOR
L Stedman-Bryce held office during the whole of the period from 31 December 2021 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L Stedman-Bryce - Director


9 October 2024

iNKFISH Investments Ltd (Registered number: 12621041)

Balance Sheet
28 June 2023

2023 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,024 1,365

CURRENT ASSETS
Debtors 5 12,767 604
Cash at bank and in hand 848 2,724
13,615 3,328
CREDITORS
Amounts falling due within one year 6 (133,445 ) (32,679 )
NET CURRENT LIABILITIES (119,830 ) (29,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(118,806

)

(27,986

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 (118,906 ) (28,086 )
SHAREHOLDERS' FUNDS (118,806 ) (27,986 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 October 2024 and were signed by:





L Stedman-Bryce - Director


iNKFISH Investments Ltd (Registered number: 12621041)

Notes to the Financial Statements
for the Period 31 December 2021 to 28 June 2023

1. STATUTORY INFORMATION

iNKFISH Investments 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.
Fixtures and fittings - 25% on reducing balance

TAXATION
Taxation for the period 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 period 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 1 (2021 - 4 ) .

iNKFISH Investments Ltd (Registered number: 12621041)

Notes to the Financial Statements - continued
for the Period 31 December 2021 to 28 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 31 December 2021
and 28 June 2023 1,559
DEPRECIATION
At 31 December 2021 194
Charge for period 341
At 28 June 2023 535
NET BOOK VALUE
At 28 June 2023 1,024
At 30 December 2021 1,365

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Other debtors 9,323 604
Directors' current accounts 3,444 -
12,767 604

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade creditors 16,816 3,658
Corporation tax 200 -
Social security and other tax 557 3,082
Other creditors 114,957 24,692
Directors' current accounts - 432
Accrued expenses 915 815
133,445 32,679

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2021
value: £    £   
100 Ordinary £1 100 100

iNKFISH Investments Ltd (Registered number: 12621041)

Notes to the Financial Statements - continued
for the Period 31 December 2021 to 28 June 2023

8. RESERVES
Retained
earnings
£   

At 31 December 2021 (28,086 )
Deficit for the period (90,820 )
At 28 June 2023 (118,906 )