IRIS Accounts Production v24.3.0.553 03660482 Board of Directors 1.3.23 28.2.24 28.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036604822023-02-28036604822024-02-28036604822023-03-012024-02-28036604822022-02-28036604822022-03-012023-02-28036604822023-02-2803660482ns15:EnglandWales2023-03-012024-02-2803660482ns14:PoundSterling2023-03-012024-02-2803660482ns10:Director12023-03-012024-02-2803660482ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2803660482ns10:SmallEntities2023-03-012024-02-2803660482ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2803660482ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2803660482ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2803660482ns10:FullAccounts2023-03-012024-02-280366048212023-03-012024-02-2803660482ns10:Director22023-03-012024-02-2803660482ns10:RegisteredOffice2023-03-012024-02-2803660482ns5:CurrentFinancialInstruments2024-02-2803660482ns5:CurrentFinancialInstruments2023-02-2803660482ns5:Non-currentFinancialInstruments2024-02-2803660482ns5:Non-currentFinancialInstruments2023-02-2803660482ns5:ShareCapital2024-02-2803660482ns5:ShareCapital2023-02-2803660482ns5:SharePremium2024-02-2803660482ns5:SharePremium2023-02-2803660482ns5:RetainedEarningsAccumulatedLosses2024-02-2803660482ns5:RetainedEarningsAccumulatedLosses2023-02-2803660482ns5:NetGoodwill2023-02-2803660482ns5:NetGoodwill2024-02-2803660482ns5:NetGoodwill2023-02-2803660482ns5:LandBuildings2023-02-2803660482ns5:FurnitureFittings2023-02-2803660482ns5:ComputerEquipment2023-02-2803660482ns5:LandBuildings2023-03-012024-02-2803660482ns5:FurnitureFittings2023-03-012024-02-2803660482ns5:ComputerEquipment2023-03-012024-02-2803660482ns5:LandBuildings2024-02-2803660482ns5:FurnitureFittings2024-02-2803660482ns5:ComputerEquipment2024-02-2803660482ns5:LandBuildings2023-02-2803660482ns5:FurnitureFittings2023-02-2803660482ns5:ComputerEquipment2023-02-2803660482ns5:CostValuation2023-02-2803660482ns5:DisposalsRepaymentsInvestments2024-02-2803660482ns5:CostValuation2024-02-2803660482ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2803660482ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2803660482ns10:Director222023-02-2803660482ns10:Director222022-02-2803660482ns10:Director222023-03-012024-02-2803660482ns10:Director222022-03-012023-02-2803660482ns10:Director222024-02-2803660482ns10:Director222023-02-28
REGISTERED NUMBER: 03660482 (England and Wales)









Unaudited Financial Statements

for the Year Ended 28 February 2024

for

Invade International Limited

Invade International Limited (Registered number: 03660482)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Invade International Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: M Baker
D A Marrocco





REGISTERED OFFICE: Unit 6, Badminton Court
Station Road
Bristol
BS37 5HZ





REGISTERED NUMBER: 03660482 (England and Wales)





ACCOUNTANTS: P W John & Co
Parkview
23 Wadham Street
Weston-super-Mare
Somerset
BS23 1JZ

Invade International Limited (Registered number: 03660482)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 454,126 454,737
Investments 6 - 3,000
454,126 457,737

CURRENT ASSETS
Debtors 7 273,046 143,571
Cash at bank 106,994 138,079
380,040 281,650
CREDITORS
Amounts falling due within one year 8 (451,670 ) (374,163 )
NET CURRENT LIABILITIES (71,630 ) (92,513 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,496

365,224

CREDITORS
Amounts falling due after more than one
year

9

(200,000

)

(200,000

)
NET ASSETS 182,496 165,224

CAPITAL AND RESERVES
Called up share capital 125,000 125,000
Share premium 233,540 233,540
Retained earnings (176,044 ) (193,316 )
182,496 165,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Invade International Limited (Registered number: 03660482)

Balance Sheet - continued
28 February 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 27 November 2024 and were signed on its behalf by:





M Baker - Director


Invade International Limited (Registered number: 03660482)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Invade International 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 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.

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.

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 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 28 February 2024 65,000
AMORTISATION
At 1 March 2023
and 28 February 2024 65,000
NET BOOK VALUE
At 28 February 2024 -
At 28 February 2023 -

Invade International Limited (Registered number: 03660482)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 450,000 64,117 102,555 616,672
Additions - 267 497 764
At 28 February 2024 450,000 64,384 103,052 617,436
DEPRECIATION
At 1 March 2023 - 61,100 100,835 161,935
Charge for year - 821 554 1,375
At 28 February 2024 - 61,921 101,389 163,310
NET BOOK VALUE
At 28 February 2024 450,000 2,463 1,663 454,126
At 28 February 2023 450,000 3,017 1,720 454,737

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2023 3,000
Disposals (3,000 )
At 28 February 2024 -
NET BOOK VALUE
At 28 February 2024 -
At 28 February 2023 3,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 197,184 111,067
Other debtors 75,862 32,504
273,046 143,571

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade creditors 58,222 29,855
Taxation and social security 35,229 25,120
Other creditors 358,219 319,188
451,670 374,163

Invade International Limited (Registered number: 03660482)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£    £   
Preference shares 200,000 200,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2024 and 28 February 2023:

28.2.24 28.2.23
£    £   
D A Marrocco
Balance outstanding at start of year - -
Amounts advanced 22,238 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,238 -