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REGISTERED NUMBER: 08973715 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

INNER LEADER LIMITED

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INNER LEADER LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Mr T Cooper-Robins
Mrs S E Cooper-Robins





REGISTERED OFFICE: 87 Warwick Street
Leamington Spa
Warwickshire
CV32 4RJ





REGISTERED NUMBER: 08973715 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 180,000 41,197
Tangible assets 5 65,875 31,976
245,875 73,173

CURRENT ASSETS
Debtors 6 28,215 97,699
Cash at bank 161,773 176,351
189,988 274,050
CREDITORS
Amounts falling due within one year 7 87,089 96,689
NET CURRENT ASSETS 102,899 177,361
TOTAL ASSETS LESS CURRENT
LIABILITIES

348,774

250,534

CREDITORS
Amounts falling due after more than one
year

8

(19,523

)

-

PROVISIONS FOR LIABILITIES (16,469 ) -
NET ASSETS 312,782 250,534

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 29,990 -
Retained earnings 282,692 250,434
SHAREHOLDERS' FUNDS 312,782 250,534

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

BALANCE SHEET - continued
31 March 2024


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 21 October 2024 and were signed on its behalf by:




Mr T Cooper-Robins - Director



Mrs S E Cooper-Robins - Director


INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Inner Leader 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets include investments in Crypto-currencies, these are revalued to their fair value each year.

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
Motor vehicles - 10% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued

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 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Crypto-curr
£   
COST OR VALUATION
At 1 April 2023 70,000
Additions 80,010
Revaluations 29,990
At 31 March 2024 180,000
AMORTISATION
At 1 April 2023 28,803
Reversal of impairments (28,803 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 180,000
At 31 March 2023 41,197

Cost or valuation at 31 March 2024 is represented by:

Crypto-curr
£   
Valuation in 2024 29,990
Cost 150,010
180,000

If Crypto currencies had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 150,010 -

Crypto currencies were valued on an open market basis on 31 March 2024 by the director .

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 17,352 20,055 13,191 50,598
Additions 1,727 40,207 2,634 44,568
At 31 March 2024 19,079 60,262 15,825 95,166
DEPRECIATION
At 1 April 2023 6,364 3,810 8,448 18,622
Charge for year 3,179 5,646 1,844 10,669
At 31 March 2024 9,543 9,456 10,292 29,291
NET BOOK VALUE
At 31 March 2024 9,536 50,806 5,533 65,875
At 31 March 2023 10,988 16,245 4,743 31,976

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,620 97,699
Other debtors 9,595 -
28,215 97,699

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,477 -
Trade creditors 2,238 22,456
Taxation and social security 54,482 72,733
Other creditors 24,892 1,500
87,089 96,689

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,523 -

INNER LEADER LIMITED (REGISTERED NUMBER: 08973715)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


9. RESERVES
Revaluation
reserve
£   
Crypto revaluation 29,990

At 31 March 2024 29,990

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.