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REGISTERED NUMBER: 06062610 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 January 2024

for

Inetex Limited

Inetex Limited (Registered number: 06062610)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Inetex Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: AJ Dixon





SECRETARY: B Dixon





REGISTERED OFFICE: The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL





REGISTERED NUMBER: 06062610 (England and Wales)





ACCOUNTANTS: Jacksons Accountants (Ascot) Limited
The Old Bakehouse
Course Road
Ascot
Berkshire
SL5 7HL

Inetex Limited (Registered number: 06062610)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 11,683 11,073
11,683 11,073

CURRENT ASSETS
Stocks 400 400
Debtors 6 214,718 146,703
Cash at bank 467,474 303,753
682,592 450,856
CREDITORS
Amounts falling due within one year 7 118,881 60,248
NET CURRENT ASSETS 563,711 390,608
TOTAL ASSETS LESS CURRENT
LIABILITIES

575,394

401,681

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 575,294 401,581
SHAREHOLDERS' FUNDS 575,394 401,681

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 30 October 2024 and were signed by:




AJ Dixon - Director


Inetex Limited (Registered number: 06062610)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Inetex Limited 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 represents net invoiced sales of goods and services, as adjusted for accrued income.

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 - 33% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 23,423 19,566 42,989
DEPRECIATION
At 1 February 2023
and 31 January 2024 23,423 19,566 42,989
NET BOOK VALUE
At 31 January 2024 - - -
At 31 January 2023 - - -

Inetex Limited (Registered number: 06062610)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023 11,073
Additions 610
At 31 January 2024 11,683
NET BOOK VALUE
At 31 January 2024 11,683
At 31 January 2023 11,073

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 203,817 127,946
Other debtors 149 8,964
Prepayments and accrued income 10,752 9,793
214,718 146,703

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 17,127 27,220
Corporation tax 73,923 20,004
Social security and other taxes 25,972 11,564
Other creditors 659 330
Accruals and deferred income 1,200 1,130
118,881 60,248