INDIA INC LIMITED

Company Registration Number:
04463295 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

INDIA INC LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

INDIA INC LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 5,520 2,398
Investments: 5 1,000 1,000
Total fixed assets: 6,521 3,399
Current assets
Debtors:   1,348,910 442,077
Cash at bank and in hand: 979,097 418,845
Total current assets: 2,328,007 860,922
Creditors: amounts falling due within one year:   (787,518) (516,121)
Net current assets (liabilities): 1,540,489 344,801
Total assets less current liabilities: 1,547,010 348,200
Creditors: amounts falling due after more than one year:   (177,149) (187,090)
Total net assets (liabilities): 1,369,861 161,110
Capital and reserves
Called up share capital: 152 132
Share premium account: 3,144,866 1,968,139
Profit and loss account: (1,775,157) (1,807,161)
Shareholders funds: 1,369,861 161,110

The notes form part of these financial statements

INDIA INC LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 December 2024
and signed on behalf of the board by:

Name: Manoj Kumar Ladwa
Status: Director

The notes form part of these financial statements

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 13 9

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 3,853
At 31 March 2024 3,853
Amortisation
At 01 April 2023 3,852
At 31 March 2024 3,852
Net book value
At 31 March 2024 1
At 31 March 2023 1

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 13,536
Additions 4,170
At 31 March 2024 17,706
Depreciation
At 01 April 2023 11,138
Charge for year 1,048
At 31 March 2024 12,186
Net book value
At 31 March 2024 5,520
At 31 March 2023 2,398

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Fixed investments

The Investment relates to 100% holding in iGlobal Media Network Ltd a company registered in England & Wales and is currently not trading. The latest accounts for this company are available at Companies House.

INDIA INC LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Loans to directors

Name of director receiving advance or credit: Manoj Kumar Ladwa
Description of the loan: Loan from Director
£
Balance at 01 April 2023 444
Balance at 31 March 2024 444