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Company Registration No. 10023549 (England and Wales)
INGENIOUS FINANCIAL SOLUTIONS LTD Unaudited accounts for the year ended 28 February 2025
INGENIOUS FINANCIAL SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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INGENIOUS FINANCIAL SOLUTIONS LTD Company Information for the year ended 28 February 2025
Directors
Jateen Vagani Rizwan Ismail
Company Number
10023549 (England and Wales)
Registered Office
Suite 3 The Crescent 56 King Street Leicester LE1 6RX United Kingdom
Accountants
CJK Accountants 4 Marsh Drive Husbands Bosworth Lutterworth Leicestershire LE17 6PU
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INGENIOUS FINANCIAL SOLUTIONS LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
313 
417 
Current assets
Debtors
5
43,649 
66,549 
Cash at bank and in hand
98,807 
118,776 
142,456 
185,325 
Creditors: amounts falling due within one year
6
(70,352)
(119,033)
Net current assets
72,104 
66,292 
Total assets less current liabilities
72,417 
66,709 
Creditors: amounts falling due after more than one year
7
(28,304)
(34,970)
Net assets
44,113 
31,739 
Capital and reserves
Called up share capital
20 
30 
Profit and loss account
44,093 
31,709 
Shareholders' funds
44,113 
31,739 
For the year ending 28 February 2025 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 9 April 2025 and were signed on its behalf by
Jateen Vagani Director Company Registration No. 10023549
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INGENIOUS FINANCIAL SOLUTIONS LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
INGENIOUS FINANCIAL SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10023549. The registered office is Suite 3 The Crescent, 56 King Street, Leicester, LE1 6RX, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
916 
2,154 
3,070 
At 28 February 2025
916 
2,154 
3,070 
Depreciation
At 1 March 2024
776 
1,877 
2,653 
Charge for the year
35 
69 
104 
At 28 February 2025
811 
1,946 
2,757 
Net book value
At 28 February 2025
105 
208 
313 
At 29 February 2024
140 
277 
417 
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INGENIOUS FINANCIAL SOLUTIONS LTD Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,000 
64,900 
Other debtors
1,649 
1,649 
43,649 
66,549 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
(458)
(346)
Taxes and social security
3,650 
2,831 
Other creditors
195 
1,083 
Accruals
66,965 
115,465 
70,352 
119,033 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
28,304 
34,970 
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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