Human Ingenuity Ltd 09819906 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is Managing & Letting of Property Digita Accounts Production Advanced 6.30.9574.0 true 09819906 2023-05-01 2024-04-30 09819906 2024-04-30 09819906 core:RetainedEarningsAccumulatedLosses 2024-04-30 09819906 core:ShareCapital 2024-04-30 09819906 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 09819906 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 09819906 core:FurnitureFittingsToolsEquipment 2024-04-30 09819906 core:LandBuildings 2024-04-30 09819906 bus:SmallEntities 2023-05-01 2024-04-30 09819906 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 09819906 bus:FullAccounts 2023-05-01 2024-04-30 09819906 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 09819906 bus:RegisteredOffice 2023-05-01 2024-04-30 09819906 bus:Director1 2023-05-01 2024-04-30 09819906 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09819906 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 09819906 core:LandBuildings 2023-05-01 2024-04-30 09819906 core:OfficeEquipment 2023-05-01 2024-04-30 09819906 countries:AllCountries 2023-05-01 2024-04-30 09819906 2023-04-30 09819906 core:FurnitureFittingsToolsEquipment 2023-04-30 09819906 core:LandBuildings 2023-04-30 09819906 2022-05-01 2023-04-30 09819906 2023-04-30 09819906 core:RetainedEarningsAccumulatedLosses 2023-04-30 09819906 core:ShareCapital 2023-04-30 09819906 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 09819906 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 09819906 core:FurnitureFittingsToolsEquipment 2023-04-30 09819906 core:LandBuildings 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 09819906

Human Ingenuity Ltd

Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Human Ingenuity Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Human Ingenuity Ltd

(Registration number: 09819906)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,624,316

2,377,503

Current assets

 

Cash at bank and in hand

 

23,021

26,584

Creditors: Amounts falling due within one year

5

(9,666)

(7,649)

Net current assets

 

13,355

18,935

Total assets less current liabilities

 

2,637,671

2,396,438

Creditors: Amounts falling due after more than one year

5

(2,579,921)

(2,337,714)

Net assets

 

57,750

58,724

Capital and reserves

 

Called up share capital

1

1

Retained earnings

57,749

58,723

Shareholders' funds

 

57,750

58,724

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors Report has been taken.

Approved and authorised by the director on 30 January 2025
 

.........................................
Mr J A Ellwood
Director

 

Human Ingenuity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Human Ingenuity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

3 year straight line

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Human Ingenuity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2023

2,377,048

683

2,377,731

Additions

247,040

-

247,040

At 30 April 2024

2,624,088

683

2,624,771

Depreciation

At 1 May 2023

-

228

228

Charge for the year

-

227

227

At 30 April 2024

-

455

455

Carrying amount

At 30 April 2024

2,624,088

228

2,624,316

At 30 April 2023

2,377,048

455

2,377,503

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans and overdrafts

1,917

1,917

Trade creditors

 

120

-

Other creditors

 

7,629

5,732

 

9,666

7,649

Due after one year

 

Loans and borrowings

2,191,460

1,971,825

Other non-current financial liabilities

 

388,461

365,889

 

2,579,921

2,337,714