1 September 2023 v2025.31.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP023836132023-09-012025-02-28023836132025-02-28023836132023-08-3102383613core:WithinOneYear2025-02-2802383613core:WithinOneYear2023-08-3102383613core:ShareCapital2025-02-2802383613core:ShareCapital2023-08-3102383613core:OtherReservesSubtotal2025-02-2802383613core:OtherReservesSubtotal2023-08-3102383613core:RetainedEarningsAccumulatedLosses2025-02-2802383613core:RetainedEarningsAccumulatedLosses2023-08-3102383613bus:Director12023-09-012025-02-2802383613bus:RegisteredOffice2023-09-012025-02-2802383613core:PlantMachinery2023-09-012025-02-2802383613core:OfficeEquipment2023-09-012025-02-28023836132022-09-012023-08-3102383613core:IntangibleAssetsOtherThanGoodwill2025-02-2802383613core:PlantMachinery2023-09-0102383613core:PlantMachinery2023-08-310238361312023-09-012025-02-2802383613countries:EnglandWales2023-09-012025-02-2802383613bus:AuditExemptWithAccountantsReport2023-09-012025-02-2802383613bus:PrivateLimitedCompanyLtd2023-09-012025-02-2802383613bus:SmallEntities2023-09-012025-02-2802383613bus:FullAccounts2023-09-012025-02-28
Company registration number:
02383613
Indeva Ltd.
Unaudited Filleted Financial Statements for the period ended
28 February 2025
Indeva Ltd.
Report to the board of directors on the preparation of the unaudited statutory financial statements of Indeva Ltd.
Period ended
28 February 2025
As described on the statement of financial position, the Board of Directors of
Indeva Ltd.
are responsible for the preparation of the
financial statements
for the period ended
28 February 2025
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Barnes Mayer Ltd
One
St. Peters Road
Maidenhead
Berkshire
SL6 7QU
United Kingdom
Date:
28 May 2025
Indeva Ltd.
Statement of Financial Position
28 February 2025
28 Feb 202531 Aug 2023
Note££
Fixed assets    
Tangible assets 6 -  
638
 
Current assets    
Debtors 7
40
 
10,551
 
Cash at bank and in hand
35,867
 
355
 
35,907
 
10,906
 
Creditors: amounts falling due within one year 8
5,447
 
(5,053
)
Net current assets
41,354
 
5,853
 
Total assets less current liabilities 41,354   6,491  
Capital and reserves    
Called up share capital
500
 
500
 
Other reserves
500
 
500
 
Profit and loss account
40,354
 
5,491
 
Shareholders funds
41,354
 
6,491
 
For the period ending
28 February 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
28 May 2025
, and are signed on behalf of the board by:
Mr M Whiteside
Director
Company registration number:
02383613
Indeva Ltd.
Notes to the Financial Statements
Period ended
28 February 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Flat 8
,
58a Silvester Road
,
London
,
SE22 9PE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% Straight Line
Office equipment
15% Reducing balance

4 Average number of employees

The average number of persons employed by the company during the period was
1
(2023:
1.00
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 September 2023
and
28 February 2025
703,109
 
Amortisation  
At
1 September 2023
and
28 February 2025
703,109
 
Carrying amount  
At
28 February 2025
-  
At 31 August 2023 -  

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 September 2023
751
 
Disposals
(751
)
At
28 February 2025
-  
Depreciation  
At
1 September 2023
113
 
Disposals
(113
)
At
28 February 2025
-  
Carrying amount  
At
28 February 2025
-  
At 31 August 2023
638
 

7 Debtors

28 Feb 202531 Aug 2023
££
Other debtors
40
 
10,551
 

8 Creditors: amounts falling due within one year

28 Feb 202531 Aug 2023
££
Trade creditors
660
  -  
Other creditors
(6,107
)
5,053
 
(5,447
)
5,053