Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity22truetruefalse 09827339 2023-04-01 2024-03-31 09827339 2022-04-01 2023-03-31 09827339 2024-03-31 09827339 2023-03-31 09827339 c:Director2 2023-04-01 2024-03-31 09827339 d:CurrentFinancialInstruments 2024-03-31 09827339 d:CurrentFinancialInstruments 2023-03-31 09827339 d:Non-currentFinancialInstruments 2024-03-31 09827339 d:Non-currentFinancialInstruments 2023-03-31 09827339 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09827339 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09827339 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09827339 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 09827339 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09827339 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 09827339 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 09827339 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 09827339 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-31 09827339 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 09827339 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09827339 c:OrdinaryShareClass1 2024-03-31 09827339 c:OrdinaryShareClass1 2023-03-31 09827339 c:OrdinaryShareClass2 2023-04-01 2024-03-31 09827339 c:OrdinaryShareClass2 2024-03-31 09827339 c:OrdinaryShareClass2 2023-03-31 09827339 c:FRS102 2023-04-01 2024-03-31 09827339 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09827339 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09827339 c:AbridgedAccounts 2023-04-01 2024-03-31 09827339 d:EntityControlledByKeyManagementPersonnel1 2023-04-01 2024-03-31 09827339 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09827339









INFLOW CAPITAL INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INFLOW CAPITAL INVESTMENTS LIMITED
FOR THE PERIOD ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inflow Capital Investments Limited for the period ended 31 March 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Inflow Capital Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Inflow Capital Investments Limited and state those matters that we have agreed to state to the Board of Directors of Inflow Capital Investments Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inflow Capital Investments Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Inflow Capital Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Inflow Capital Investments Limited. You consider that Inflow Capital Investments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Inflow Capital Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



N M James Limited
 
Chartered Accountants
  
17 Little How Croft
Abbots Langley
Hertfordshire
WD5 0BR
17 December 2024
Page 1

 
INFLOW CAPITAL INVESTMENTS LIMITED
REGISTERED NUMBER: 09827339

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£


Current assets
17,061,956
13,326,208

Creditors: amounts falling due within one year
(17,026,470)
(13,285,801)

Net current assets
 
 
35,486
 
 
40,407

Total assets less current liabilities
35,486
40,407

Creditors: amounts falling due after more than one year
(34,486)
(39,612)


Net assets
1,000
795



Capital and reserves
1,000
795


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 December 2024.




J Shah
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Inflow Capital Investments Limited is a company limited by shares and is incorporated in England, registration number 09827339. The company's registered office is at Monument House, 215 Marsh Road, Pinner England HA5 5NE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Management charges are recognised in line with the period in which the related recharged costs are recognised.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
17,061,856
13,325,106

17,061,856
13,325,106


Page 4

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
100
1,102

Less: bank overdrafts
(30)
-

70
1,102



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
30
-

Bank loans
6,071
6,175

Trade creditors
16,883,585
13,107,750

Amounts owed to group undertakings
136,784
171,876

17,026,470
13,285,801


The following liabilities were secured:

2024
2023
£
£



Bank loan
6,071
6,176

6,071
6,176

Details of security provided:

The bank loan was taken out under the Coronavirus Bounceback loan scheme. Security for this loan is provided by the government.

Page 5

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
34,486
39,612

34,486
39,612


The following liabilities were secured:

2024
2023
£
£



Bank loan
34,486
39,612

34,486
39,612

Details of security provided:

Details of the security provided are as described in the note above, Creditors: Amounts falling due within one year.

Page 6

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,071
6,176


6,071
6,176

Amounts falling due 1-2 years

Bank loans
6,225
6,176


6,225
6,176

Amounts falling due 2-5 years

Bank loans
19,635
18,527


19,635
18,527

Amounts falling due after more than 5 years

Bank loans
8,626
14,910

8,626
14,910

40,557
45,789



9.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
100
100




Financial assets measured at fair value through profit or loss comprise of cash at bank and in hand.
Page 7

 
INFLOW CAPITAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) A shares of £1.00 each
100
100
90 (2023 - 67) B shares of £10.00 each
900
670

1,000

770


During the year 23 B shares of £10 were issued to investors.


11.


Related party transactions

Inflow Property Investments Limited is a fully owned subsidiary of Inflow Private Finance Limited and a fellow subsidiary of Inflow Capital Investments Limited. Together, the group of companies trade as Inflow Private Finance. Security is given by the trade debtors of Inflow Property Investments Limited to the trade creditors of Inflow Capital Investments as a first charge over the asset to which the loan relates. This security is given outside of Inflow Private Finance. The total value of the security given at 31 March 2024 was £16,883,585 (2023 - £13,107,750).
Included in debtors at 31 March 2024 is £17,061,856 (2023 - £13,325,106) due from Inflow Property Investments Limited.


12.


Controlling party

Inflow Capital Investments Limited is a fully owned subsidiary of Inflow Private Finance Limited (Registration Number: 09674845), a company incorporated in England and Wales whose registered office is at Monument House, 215 Marsh Road, Pinner, England HA5 5NE.

 
Page 8