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COMPANY REGISTRATION NUMBER: 07485986
Innovative Pivotal Applications Ltd
Filleted Unaudited Financial Statements
31 January 2025
Innovative Pivotal Applications Ltd
Statement of Financial Position
31 January 2025
2025
2024
£
£
£
Fixed assets
888,251
851,053
---------
---------
Current assets
431,169
485,952
Prepayments and accrued income
1,827
3,131
---------
---------
432,996
489,083
Creditors: amounts falling due within one year
39,398
50,783
---------
---------
Net current assets
393,598
438,300
------------
------------
Total assets less current liabilities
1,281,849
1,289,353
Accruals and deferred income
2,680
950
------------
------------
1,279,169
1,288,403
------------
------------
Capital and reserves
1,279,169
1,288,403
------------
------------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr S L Gunn
( 50,783)
15,147
( 3,762)
( 39,398)
--------
--------
-------
--------
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr S L Gunn
( 53,416)
12,126
( 9,493)
( 50,783)
--------
--------
-------
--------
For the year ending 31 January 2025 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 March 2025 , and are signed on behalf of the board by:
Mr S L Gunn
Director
Company registration number: 07485986
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Agnes Street, Limehouse, London, England, E14 7DG.