Company Registration No. 10341808 (England and Wales)
Innovo-UK Ltd
Unaudited accounts
for the year ended 31 August 2024
Innovo-UK Ltd
Unaudited accounts
Contents
Innovo-UK Ltd
Company Information
for the year ended 31 August 2024
Directors
Robert Stephen Menzies
Samantha Menzies
Company Number
10341808 (England and Wales)
Registered Office
Mount Pleasant Farm
Well Lane
Gillow Heath
Staffordshire
ST8 6QR
Accountants
EPG Accountants Ltd
14 Southlands Road
Mossley
CONGLETON
Cheshire
CW12 3JY
Innovo-UK Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
20,815
24,319
Cash at bank and in hand
215,503
259,413
Creditors: amounts falling due within one year
(18,887)
(16,971)
Net current assets
196,616
246,049
Total assets less current liabilities
217,431
270,368
Creditors: amounts falling due after more than one year
(17,530)
(34,354)
Net assets
199,901
236,014
Called up share capital
100
100
Profit and loss account
199,801
235,914
Shareholders' funds
199,901
236,014
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Robert Stephen Menzies
Director
Company Registration No. 10341808
Innovo-UK Ltd
Notes to the Accounts
for the year ended 31 August 2024
Innovo-UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 10341808. The registered office is Mount Pleasant Farm, Well Lane, Gillow Heath, Staffordshire, ST8 6QR.
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:
Plant & machinery
25% on WDV
Fixtures & fittings
25% on WDV
Computer equipment
25% on WDV
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
9,903
59,999
1,066
2,748
73,716
Additions
2,835
-
-
599
3,434
At 31 August 2024
12,738
59,999
1,066
3,347
77,150
At 1 September 2023
6,945
40,224
839
1,389
49,397
Charge for the year
1,448
4,944
57
489
6,938
At 31 August 2024
8,393
45,168
896
1,878
56,335
At 31 August 2024
4,345
14,831
170
1,469
20,815
At 31 August 2023
2,958
19,775
227
1,359
24,319
Innovo-UK Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
174
120
Loans from directors
18,505
16,126
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,500
8,750
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).