IRIS Accounts Production v24.3.2.46 02819149 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028191492023-04-30028191492024-04-30028191492023-05-012024-04-30028191492022-04-30028191492022-05-012023-04-30028191492023-04-3002819149ns15:EnglandWales2023-05-012024-04-3002819149ns14:PoundSterling2023-05-012024-04-3002819149ns10:Director12023-05-012024-04-3002819149ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3002819149ns10:SmallEntities2023-05-012024-04-3002819149ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3002819149ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3002819149ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3002819149ns10:FullAccounts2023-05-012024-04-3002819149ns10:CompanySecretary12023-05-012024-04-3002819149ns10:RegisteredOffice2023-05-012024-04-3002819149ns5:CurrentFinancialInstruments2024-04-3002819149ns5:CurrentFinancialInstruments2023-04-3002819149ns5:Non-currentFinancialInstruments2024-04-3002819149ns5:Non-currentFinancialInstruments2023-04-3002819149ns5:ShareCapital2024-04-3002819149ns5:ShareCapital2023-04-3002819149ns5:RetainedEarningsAccumulatedLosses2024-04-3002819149ns5:RetainedEarningsAccumulatedLosses2023-04-3002819149ns5:PlantMachinery2023-05-012024-04-3002819149ns5:MotorVehicles2023-05-012024-04-3002819149ns5:ComputerEquipment2023-05-012024-04-3002819149ns5:PlantMachinery2023-04-3002819149ns5:MotorVehicles2023-04-3002819149ns5:ComputerEquipment2023-04-3002819149ns5:PlantMachinery2024-04-3002819149ns5:MotorVehicles2024-04-3002819149ns5:ComputerEquipment2024-04-3002819149ns5:PlantMachinery2023-04-3002819149ns5:MotorVehicles2023-04-3002819149ns5:ComputerEquipment2023-04-3002819149ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3002819149ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30028191491ns10:Director12023-04-30028191491ns10:Director12022-04-30028191491ns10:Director12023-05-012024-04-30028191491ns10:Director12022-05-012023-04-30028191491ns10:Director12024-04-30028191491ns10:Director12023-04-30
REGISTERED NUMBER: 02819149 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

INVEK SURVEYS LIMITED

INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INVEK SURVEYS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: K Nash





SECRETARY: R V Nash





REGISTERED OFFICE: Unit X8A,
Warrington Business Park
Long Lane
Warrington
Cheshire
WA2 8TX





REGISTERED NUMBER: 02819149 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,753 44,984

CURRENT ASSETS
Debtors 5 49,577 75,652
Cash at bank 12,942 25,206
62,519 100,858
CREDITORS
Amounts falling due within one year 6 45,800 44,756
NET CURRENT ASSETS 16,719 56,102
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,472

101,086

CREDITORS
Amounts falling due after more than one
year

7

(2,585

)

(10,338

)

PROVISIONS FOR LIABILITIES (21,951 ) (11,246 )
NET ASSETS 77,936 79,502

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 77,836 79,402
SHAREHOLDERS' FUNDS 77,936 79,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)

BALANCE SHEET - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





K Nash - Director


INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Invek Surveys 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provision of section 1A "Small entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised
on completion of work for the client.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalized in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term whichever is the shorter. The interest element of these obligations is charged to profit or loss over the relevant period. The
capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 71,144 103,233 45,359 219,736
Additions 1,369 50,950 9,697 62,016
Disposals (15,909 ) (7,083 ) (20,730 ) (43,722 )
At 30 April 2024 56,604 147,100 34,326 238,030
DEPRECIATION
At 1 May 2023 65,750 74,710 34,292 174,752
Charge for year 2,998 7,684 7,848 18,530
Eliminated on disposal (15,585 ) (5,120 ) (20,300 ) (41,005 )
At 30 April 2024 53,163 77,274 21,840 152,277
NET BOOK VALUE
At 30 April 2024 3,441 69,826 12,486 85,753
At 30 April 2023 5,394 28,523 11,067 44,984


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 35,316 51,669
Other debtors 372 372
Prepayments and accrued income 13,889 23,611
49,577 75,652

INVEK SURVEYS LIMITED (REGISTERED NUMBER: 02819149)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,753 7,753
Corporation Tax 6,284 6,135
Social security and other taxes 2,538 2,241
Pensions control account 737 424
VAT 17,992 17,038
Barclaycard credit card
account 6,502 7,225
Directors' loan accounts 535 597
Accruals 3,459 3,343
45,800 44,756

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 2,585 10,338

8. SECURED DEBTS

All assets debenture - created 5/3/07 (outstanding) & Debenture - created 20/2/01 (outstanding)
Persons entitled
Lloyds Tsb Bank PLC

Amount secured
All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars
Fixed and floating charges over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery. See the mortgage charge document for full details.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
K Nash
Balance outstanding at start of year (597 ) (660 )
Amounts advanced 56,374 62,375
Amounts repaid (56,312 ) (62,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (535 ) (597 )

Interest is being charged on the loan at the HMRC approved rate and there are no set repayment terms.