1 March 2023 false No description of principal activity Taxfiler 2024.6 11853059business:PrivateLimitedCompanyLtd2023-03-012024-02-29 118530592023-02-28 118530592023-03-012024-02-29 11853059business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 11853059business:FilletedAccounts2023-03-012024-02-29 118530592024-02-29 11853059business:Director12023-03-012024-02-29 11853059business:Director22023-03-012024-02-29 11853059business:RegisteredOffice2023-03-012024-02-29 118530592023-02-28 11853059core:WithinOneYear2024-02-29 11853059core:WithinOneYear2023-02-28 11853059core:AfterOneYear2024-02-29 11853059core:AfterOneYear2023-02-28 11853059core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 11853059core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11853059core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 11853059core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11853059core:PreviouslyStatedAmount2024-02-29 11853059core:PreviouslyStatedAmount2023-02-28 11853059business:SmallEntities2023-03-012024-02-29 11853059countries:EnglandWales2023-03-012024-02-29 11853059core:FurnitureFittings2023-03-012024-02-29 11853059core:PlantMachinery2023-02-28 11853059core:ComputerEquipment2023-02-28 11853059core:PlantMachinery2023-03-012024-02-29 11853059core:ComputerEquipment2023-03-012024-02-29 11853059core:PlantMachinery2024-02-29 11853059core:ComputerEquipment2024-02-29 118530592022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11853059 (England and Wales)
Incredible Group Limited Unaudited accounts for the year ended 29 February 2024
Incredible Group Limited Unaudited accounts Contents
Page
- 2 -
Incredible Group Limited Company Information for the year ended 29 February 2024
Directors
Daniel Riley Gary Carlson
Company Number
11853059 (England and Wales)
Registered Office
Unit 32 Bradley Lane, Standish Wigan WN6 0XQ UNITED KINGDOM
Accountants
Clear Accountancy Services (Yorkshire) Ltd 10 New Street Ossett West Yorkshire WF5 8BH
- 3 -
Incredible Group Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,057 
32,946 
Current assets
Inventories
56,079 
63,566 
Debtors
419 
- 
Cash at bank and in hand
2,434 
946 
58,932 
64,512 
Creditors: amounts falling due within one year
(1,046)
(1,046)
Net current assets
57,886 
63,466 
Total assets less current liabilities
95,943 
96,412 
Creditors: amounts falling due after more than one year
(89,382)
(83,842)
Net assets
6,561 
12,570 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,461 
12,470 
Shareholders' funds
6,561 
12,570 
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2024 and were signed on its behalf by
Daniel Riley Director Company Registration No. 11853059
- 4 -
Incredible Group Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Incredible Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11853059. The registered office is Unit 32 Bradley Lane, Standish, Wigan, WN6 0XQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
43,026 
3,627 
46,653 
Additions
11,827 
- 
11,827 
At 29 February 2024
54,853 
3,627 
58,480 
Depreciation
At 1 March 2023
12,313 
1,394 
13,707 
Charge for the year
6,381 
335 
6,716 
At 29 February 2024
18,694 
1,729 
20,423 
Net book value
At 29 February 2024
36,159 
1,898 
38,057 
At 28 February 2023
30,713 
2,233 
32,946 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
419 
- 
- 5 -
Incredible Group Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
720 
720 
Taxes and social security
326 
326 
1,046 
1,046 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
89,382 
83,842 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -