INQUBA GROUP HOLDING COMPANY LIMITED

Company Registration Number:
09902260 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

INQUBA GROUP HOLDING COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

INQUBA GROUP HOLDING COMPANY LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

Investment Holding Company



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Shaun Corris
Daniel G Moyer
Pritesh R Desai
Edward D T Gant


The director shown below has held office during the period of
1 April 2023 to 5 February 2024

Idan M Segal


The directors shown below have held office during the period of
5 February 2024 to 31 March 2024

Andile A Ngcaba
Pramod Venkatesh


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 November 2024

And signed on behalf of the board by:
Name: Shaun Corris
Status: Director

INQUBA GROUP HOLDING COMPANY LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 191,915 299,143
Cost of sales: ( 186,968 ) ( 244,769 )
Gross profit(or loss): 4,947 54,374
Administrative expenses: ( 54,905 ) ( 58,545 )
Operating profit(or loss): (49,958) (4,171)
Interest receivable and similar income: 59,290 81,338
Profit(or loss) before tax: 9,332 77,167
Tax: ( 46,490 )
Profit(or loss) for the financial year: (37,158) 77,167

INQUBA GROUP HOLDING COMPANY LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 858 858
Total fixed assets: 858 858
Current assets
Debtors: 4 3,506,673 3,750,300
Cash at bank and in hand: 239 52,471
Total current assets: 3,506,912 3,802,771
Creditors: amounts falling due within one year: 5 ( 1,301,643 ) ( 1,560,344 )
Net current assets (liabilities): 2,205,269 2,242,427
Total assets less current liabilities: 2,206,127 2,243,285
Total net assets (liabilities): 2,206,127 2,243,285
Capital and reserves
Called up share capital: 205 205
Share premium account: 2,117,847 2,117,847
Other reserves: 88,075 125,233
Total Shareholders' funds: 2,206,127 2,243,285

The notes form part of these financial statements

INQUBA GROUP HOLDING COMPANY LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 November 2024
and signed on behalf of the board by:

Name: Shaun Corris
Status: Director

The notes form part of these financial statements

INQUBA GROUP HOLDING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Other accounting policies

    1.1 Accounting Convention 1.2 Fixed Asset Investments 1.3 Financial Instruments Basic Financial Assets Other Financial Assets Impairment of Financial Assets Derecognition of Financial Assets Classification of Financial Liabilities Basic Financial Liabilities Other Financial Liabilities Derecognition of Financial Liabilities 1.4 Equity Instruments 1.5 Foreign Exchange 1.6 Going Concern

INQUBA GROUP HOLDING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

INQUBA GROUP HOLDING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Fixed assets investments note

Fixed asset investments Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognized immediately in profit or loss.

INQUBA GROUP HOLDING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Other debtors 3,506,673 3,750,300
Total 3,506,673 3,750,300

INQUBA GROUP HOLDING COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 69,881 19,672
Taxation and social security 46,490 0
Other creditors 1,185,272 1,540,672
Total 1,301,643 1,560,344