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Company Registration No. 12327555 (England and Wales)
Innovat8 Lab Ltd Unaudited accounts for the year ended 31 March 2025
Innovat8 Lab Ltd Unaudited accounts Contents
Page
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Innovat8 Lab Ltd Company Information for the year ended 31 March 2025
Director
George John Ashton Jones
Company Number
12327555 (England and Wales)
Registered Office
80 St. Leonards Road Hove BN3 4QS England
Accountants
Richard Matthew Accountancy Ltd Milner Cowfold Road Coolham West Sussex RH13 8QJ
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Innovat8 Lab Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,548 
- 
Current assets
Cash at bank and in hand
32,649 
1,627 
Creditors: amounts falling due within one year
(13,134)
(2,309)
Net current assets/(liabilities)
19,515 
(682)
Net assets/(liabilities)
21,063 
(682)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
21,061 
(684)
Shareholders' funds
21,063 
(682)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 10 June 2025 and were signed on its behalf by
George John Ashton Jones Director Company Registration No. 12327555
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Innovat8 Lab Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Innovat8 Lab Ltd is a private company, limited by shares, registered in England and Wales, registration number 12327555. The registered office is 80 St. Leonards Road, Hove, BN3 4QS, England.
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
1/3rd straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
- 
- 
- 
Additions
101 
2,208 
2,309 
At 31 March 2025
101 
2,208 
2,309 
Depreciation
Charge for the year
25 
736 
761 
At 31 March 2025
25 
736 
761 
Net book value
At 31 March 2025
76 
1,472 
1,548 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
7,315 
140 
Loans from directors
4,929 
1,239 
Accruals
890 
930 
13,134 
2,309 
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Innovat8 Lab Ltd Notes to the Accounts for the year ended 31 March 2025
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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