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REGISTERED NUMBER: 06622426 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Invogue Limited

Invogue Limited (Registered number: 06622426)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Invogue Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M R Taylor
J R Taylor
M Taylor
T Taylor





SECRETARY: Mrs A S Taylor





REGISTERED OFFICE: 8 Queens Square
Ascot Business Park
Lyndhurst Road
Ascot
Berkshire
SL5 9FE





REGISTERED NUMBER: 06622426 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Invogue Limited (Registered number: 06622426)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,583,844 2,147,054
Investments 5 125,625 125,625
2,709,469 2,272,679

CURRENT ASSETS
Stocks 1,656,011 2,191,223
Debtors 6 2,048,204 1,344,991
Cash at bank 2,044,516 1,666,350
5,748,731 5,202,564
CREDITORS
Amounts falling due within one year 7 (2,248,699 ) (1,943,861 )
NET CURRENT ASSETS 3,500,032 3,258,703
TOTAL ASSETS LESS CURRENT LIABILITIES 6,209,501 5,531,382

CREDITORS
Amounts falling due after more than one
year

8

(1,113,546

)

(1,183,090

)

PROVISIONS FOR LIABILITIES (81,460 ) (10,344 )
NET ASSETS 5,014,495 4,337,948

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,014,494 4,337,947
SHAREHOLDERS' FUNDS 5,014,495 4,337,948

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

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

Invogue Limited (Registered number: 06622426)

Balance Sheet - continued
30 June 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 26 March 2025 and were signed on its behalf by:





M R Taylor - Director


Invogue Limited (Registered number: 06622426)

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


1. STATUTORY INFORMATION

Invogue 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 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. The financial statements have been prepared under the historical cost convention.

Revenue
Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Tangible fixed assets
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Freehold buildings - 2% straight-line
Office equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

Investments in associates
Investments in associate undertakings are recognised at cost.

Inventories
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Invogue Limited (Registered number: 06622426)

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


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Office and
property equipment fittings
£    £    £   
COST
At 1 July 2023 2,047,822 22,685 44,513
Additions - 4,757 -
At 30 June 2024 2,047,822 27,442 44,513
DEPRECIATION
At 1 July 2023 32,367 11,850 34,994
Charge for year 20,959 3,072 2,380
At 30 June 2024 53,326 14,922 37,374
NET BOOK VALUE
At 30 June 2024 1,994,496 12,520 7,139
At 30 June 2023 2,015,455 10,835 9,519

Invogue Limited (Registered number: 06622426)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 110,027 24,849 2,249,896
Additions 619,917 5,305 629,979
At 30 June 2024 729,944 30,154 2,879,875
DEPRECIATION
At 1 July 2023 6,052 17,579 102,842
Charge for year 163,486 3,292 193,189
At 30 June 2024 169,538 20,871 296,031
NET BOOK VALUE
At 30 June 2024 560,406 9,283 2,583,844
At 30 June 2023 103,975 7,270 2,147,054

Included in cost of land and buildings is freehold land of £ 999,859 (2023 - £ 999,859 ) which is not depreciated.

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 July 2023
and 30 June 2024 125,625
NET BOOK VALUE
At 30 June 2024 125,625
At 30 June 2023 125,625

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 2,002,310 1,298,496
Other debtors 36,952 10,642
Prepayments 8,942 35,853
2,048,204 1,344,991

Invogue Limited (Registered number: 06622426)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 164,021 164,021
Trade creditors 1,037,191 914,541
Amounts owed to participating interests 287,662 287,662
Tax 355,432 290,288
Social security and other taxes 18,637 15,547
VAT 139,818 75,695
Other creditors 112,670 103,054
Directors' current accounts 3,937 3,670
Accrued expenses 129,331 89,383
2,248,699 1,943,861

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 164,021 164,021
Bank loans - 2-5 years 465,516 475,466
Bank loans more than 5 years 484,009 543,603
1,113,546 1,183,090

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 484,009 543,603