Company Registration No. 11436086 (England and Wales)
INK’D PROFESSIONAL LTD
Unaudited accounts
for the year ended 30 June 2024
INK’D PROFESSIONAL LTD
Unaudited accounts
Contents
INK’D PROFESSIONAL LTD
Company Information
for the year ended 30 June 2024
Company Number
11436086 (England and Wales)
Registered Office
36 MANCHESTER ROAD
HYDE
CHESHIRE
SK14 2BD
ENGLAND
Accountants
HHK Accountancy Services Ltd
Suite 212 Oakland House
21 Hope Carr Road
Leigh, Wigan
WN7 3ET
INK’D PROFESSIONAL LTD
Statement of financial position
as at 30 June 2024
Tangible assets
5,039
7,717
Cash at bank and in hand
4,693
6,645
Creditors: amounts falling due within one year
(1,677)
(3,834)
Net current assets
3,016
2,811
Total assets less current liabilities
8,055
10,528
Creditors: amounts falling due after more than one year
(7,100)
(8,733)
Called up share capital
100
100
Profit and loss account
855
1,695
Shareholders' funds
955
1,795
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 March 2025 and were signed on its behalf by
Miss Lucy Whelan
Director
Company Registration No. 11436086
INK’D PROFESSIONAL LTD
Notes to the Accounts
for the year ended 30 June 2024
INK’D PROFESSIONAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11436086. The registered office is 36 MANCHESTER ROAD, HYDE, CHESHIRE, SK14 2BD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% - Leasehold Improvements
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
7,873
4,056
5,973
17,902
At 30 June 2024
7,873
4,056
6,153
18,082
At 1 July 2023
5,904
1,939
2,342
10,185
Charge for the year
1,969
317
572
2,858
At 30 June 2024
7,873
2,256
2,914
13,043
At 30 June 2024
-
1,800
3,239
5,039
At 30 June 2023
1,969
2,117
3,631
7,717
INK’D PROFESSIONAL LTD
Notes to the Accounts
for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,090
-
Loans from directors
(1,413)
2,834
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).