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REGISTERED NUMBER: 07211068 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Inca Consulting Limited

Inca Consulting Limited (Registered number: 07211068)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Inca Consulting Limited (Registered number: 07211068)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 3,160 1,938
Investments 7 237,595 157,595
240,755 159,533

CURRENT ASSETS
Debtors 8 35,219 47,756
Cash at bank 168,337 146,936
203,556 194,692
CREDITORS
Amounts falling due within one year 9 48,753 21,978
NET CURRENT ASSETS 154,803 172,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

395,558

332,247

CREDITORS
Amounts falling due after more than
one year

10

15,750

24,687
NET ASSETS 379,808 307,560

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 11 39,345 39,345
Retained earnings 11 340,363 268,115
SHAREHOLDERS' FUNDS 379,808 307,560

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Inca Consulting Limited (Registered number: 07211068)

Balance Sheet - continued
30 September 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 18 February 2025 and were signed on its behalf by:





Mr R A Cain - Director


Inca Consulting Limited (Registered number: 07211068)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Inca Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07211068

Registered office: 22 Delaford Street
Fulham
London
SW6 7LT

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, 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 when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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


Inca Consulting Limited (Registered number: 07211068)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 10,000
AMORTISATION
At 1 October 2023
and 30 September 2024 10,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Inca Consulting Limited (Registered number: 07211068)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 9,957 13,300 23,257
Additions - 2,581 2,581
At 30 September 2024 9,957 15,881 25,838
DEPRECIATION
At 1 October 2023 8,299 13,020 21,319
Charge for year 415 944 1,359
At 30 September 2024 8,714 13,964 22,678
NET BOOK VALUE
At 30 September 2024 1,243 1,917 3,160
At 30 September 2023 1,658 280 1,938

7. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 134,345 23,250 157,595
Additions 80,000 - 80,000
At 30 September 2024 214,345 23,250 237,595
NET BOOK VALUE
At 30 September 2024 214,345 23,250 237,595
At 30 September 2023 134,345 23,250 157,595

Inca Consulting Limited (Registered number: 07211068)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 September 2024 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2016 53,182 6,600 59,782
Valuation in 2017 10,855 10,250 21,105
Valuation in 2018 1,175 - 1,175
Valuation in 2019 53,033 6,400 59,433
Valuation in 2020 (16,731 ) - (16,731 )
Valuation in 2021 45,000 - 45,000
Valuation in 2022 37,831 - 37,831
Valuation in 2023 (50,000 ) - (50,000 )
Valuation in 2024 80,000 - 80,000
214,345 23,250 237,595

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 35,219 47,756

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 249 371
Tax 35,862 (21 )
Social security and other taxes - 724
VAT 7,633 7,643
Other creditors 307 -
Company credit card 3,473 3,977
Directors' current accounts 1,229 9,284
48,753 21,978

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans - 2-5 years 15,750 24,687

Inca Consulting Limited (Registered number: 07211068)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

11. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 October 2023 268,115 39,345 307,460
Profit for the year 108,574 108,574
Dividends (36,326 ) (36,326 )
At 30 September 2024 340,363 39,345 379,708