Company registration number 08796454 (England and Wales)
INNASOL GROUP LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
31 December 2024
PAGES FOR FILING WITH REGISTRAR
INNASOL GROUP LTD
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
INNASOL GROUP LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
528,412
556,412
Current assets
203,981
1,684,734
Creditors: amounts falling due within one year
(11,001)
(62,323)
Net current assets
192,980
1,622,411
Total assets less current liabilities
721,392
2,178,823
Net assets
721,392
2,178,823
Capital and reserves
721,392
2,178,823
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
5
4
2
Dividends

In 2023 £950,000 of interim dividends were voted, of which £868,059 were paid in 2023. Further payments of £22,845 were paid during the current year relating to those interim dividends. Any remaining unpaid dividends have not been recognised in the balance sheet.

3
Impairment of Intercompany Loan

During the year, the company recognised an impairment loss of £1,156,000 against a loan receivable from a subsidiary, reflecting uncertainty over the recoverability of the amount. The loan remains legally outstanding as at the reporting date.

Innasol Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 4, Whitelands Business Centre, Terling Road, Hafield Peverel, Essex, CM3 2AG.

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

INNASOL GROUP LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 2 May 2025 and are signed on its behalf by:
S Spiess
Director
Company registration number 08796454 (England and Wales)
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