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REGISTERED NUMBER: 11521310 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

INAVATA LIMITED

INAVATA LIMITED (REGISTERED NUMBER: 11521310)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INAVATA LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTOR: ME Dijkstra





REGISTERED OFFICE: Curriers Close
Canley
Coventry
West Midlands
CV4 8AW





REGISTERED NUMBER: 11521310 (England and Wales)





AUDITORS: Dafferns LLP
Chartered Accountants
Statutory Auditor
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

INAVATA LIMITED (REGISTERED NUMBER: 11521310)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 1,984 856
Debtors 5 2,739 426
Cash at bank 177,667 183,502
182,390 184,784
CREDITORS
Amounts falling due within one year 6 152,569 166,151
NET CURRENT ASSETS 29,821 18,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,821

18,633

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 29,820 18,632
SHAREHOLDERS' FUNDS 29,821 18,633

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2024 and were signed by:





ME Dijkstra - Director


INAVATA LIMITED (REGISTERED NUMBER: 11521310)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Inavata 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, typically on dispatch of the goods.

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

Financial instruments
Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

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.

INAVATA LIMITED (REGISTERED NUMBER: 11521310)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

3. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,739 426

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,395 5,570
Amounts owed to group undertakings 105,723 132,339
Tax 3,641 1,938
VAT 31,560 22,949
Accrued expenses 4,250 3,355
152,569 166,151

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lucy Hatton FCCA (Senior Statutory Auditor)
for and on behalf of Dafferns LLP

9. ULTIMATE PARENT COMPANY

The company is a wholly-owned subsidiary of Gallagher Europe B.V. a company incorporated in the Netherlands, which is also its ultimate parent company.

Copies of the consolidated financial statements are available from Gallagher Europe B.V. Bornholmstraat 62 A, 9723 AZ Groningen, the Netherlands.

INAVATA LIMITED (REGISTERED NUMBER: 11521310)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.