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REGISTERED NUMBER: 04695506 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

INNOTEL CONSULTING LIMITED

INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INNOTEL CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr L. Shirk
Mrs A. Shirk





SECRETARY: Mrs A. Shirk





REGISTERED OFFICE: 69 Lady Aylesford Avenue
Stanmore
Middlesex
HA7 4FG





REGISTERED NUMBER: 04695506 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,359 1,812
Investment property 5 700,000 700,000
701,359 701,812

CURRENT ASSETS
Debtors 6 293 4,195
Cash at bank 50,722 43,845
51,015 48,040
CREDITORS
Amounts falling due within one year 7 (3,467 ) (5,264 )
NET CURRENT ASSETS 47,548 42,776
TOTAL ASSETS LESS CURRENT LIABILITIES 748,907 744,588

PROVISIONS FOR LIABILITIES 8 (7,478 ) (7,564 )
NET ASSETS 741,429 737,024

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 30,780 30,780
Retained earnings 710,647 706,242
SHAREHOLDERS' FUNDS 741,429 737,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

BALANCE SHEET - continued
31 MARCH 2025


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





Mr L. Shirk - Director


INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Innotel Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in other comprehensive income.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 8,831 12,795 21,626
DEPRECIATION
At 1 April 2024 8,688 11,126 19,814
Charge for year 36 417 453
At 31 March 2025 8,724 11,543 20,267
NET BOOK VALUE
At 31 March 2025 107 1,252 1,359
At 31 March 2024 143 1,669 1,812

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 700,000
NET BOOK VALUE
At 31 March 2025 700,000
At 31 March 2024 700,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2020 151
Valuation in 2022 38,000
Cost 661,849
700,000

The directors revalued the investment property to fair market value in 2022.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 293 4,195

INNOTEL CONSULTING LIMITED (REGISTERED NUMBER: 04695506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 1,256 -
Other creditors 2,211 5,264
3,467 5,264

8. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax
Accelerated capital allowances 258 344
Deferred tax 7,220 7,220
7,478 7,564

Deferred
tax
£   
Balance at 1 April 2024 7,564
Provided during year (86 )
Balance at 31 March 2025 7,478

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Fair
value
reserve
£   
At 1 April 2024
and 31 March 2025 30,780