03512449falseconsultancy services and software development2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:SharePremium2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/pt:SharePremium2024-12-31http://www.companieshouse.gov.uk/cd:Director32024-01-012024-12-31http://www.companieshouse.gov.uk/cd:Director42024-01-012024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03512449
Inalytics Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Inalytics Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
R Di Mascio
A P G Lunghi
F Di Mascio
C E McAloon
REGISTERED OFFICE
8th Floor, Corinthian House
17 Lansdowne Road
Croydon
Surrey
CR0 2BX
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03512449
ACCOUNTANTS
Ash & Co Accountants Ltd
Chartered Accountants
7 Woodbury Close
Croydon
CR0 5PR

Inalytics Ltd

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Inalytics Ltd

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets23,9856,501
CURRENT ASSETS
Debtors3299,991213,297
Cash at bank and in hand1,658,5811,578,194
1,958,5721,791,491
CREDITORS: Amounts falling due within one year4941,916723,468
NET CURRENT ASSETS1,016,6561,068,023
TOTAL ASSETS LESS CURRENT LIABILITIES1,020,6411,074,524
CAPITAL AND RESERVES
Called up share capital1,0311,031
Share premium account615,56915,569
Profit and loss account1,004,0411,057,924
SHAREHOLDERS' FUNDS1,020,6411,074,524
For the year ending 31/12/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/05/2025 and signed on their behalf by
.............................
R Di Mascio
Director

Inalytics Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
These accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The accounts are prepared in sterling, which is the functional currency of the company. Monetary amounts in these accounts are rounded to the nearest £1.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1b. Going Concern
These accounts have been prepared on the going concern basis.At the time of approving the accounts, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the accounts.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 33%
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1f. Research And Development
Development costs are charged to the profit and loss account in the year of expenditure, unless individual projects satisfy all of the following criteria:- the projects are clearly defined and related expenditure is separately identifiable- the projects are technically feasible and commercially viable- current and future costs are expected to be extended by future sales and- adequate resources exist for the project to be completed. In such circumstances, the costs are carried forward and amortised over a period not exceeding five years, commencing in the year the group starts to benefit from the expenditure.

Inalytics Ltd

1g. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1h. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
2. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/01/202494,74294,742
Additions4,4934,493
Disposals(5,969)(5,969)
At 31/12/202493,26693,266
Depreciation
At 01/01/202488,24188,241
Disposals(5,969)(5,969)
For the year7,0097,009
At 31/12/202489,28189,281
Net Book Amounts
At 31/12/20243,9853,985
At 31/12/20236,5016,501

Inalytics Ltd

3. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors163,88763,125
Other debtors136,104150,172
299,991213,297
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors64,77914,296
Amounts owed to group undertakings and undertakings in which the company has a participating interest24,00024,000
Taxation and social security148,064109,663
Other creditors705,073575,509
941,916723,468
Other creditors include income received in advance of £662,741 (2023 - £505,351).
5. EMPLOYEES
20242023
No.No.
Average number of employees2020
6. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account15,56915,569

Inalytics Ltd

7. OTHER FINANCIAL COMMITMENTS
At 31/12/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating leases162,250230,597
8. CONTROLLING PARTY
Inalytics Holdings Limited own 100% of the share capital of the comapny and is the ultimate holding company.
Inalytics Ltd is a private company limited by shares and incorporated in England with a company registration of 3512449. Its registered office is Corinthian House, 17 Lansdowne Road, Croydon CR0 2BX.