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REGISTERED NUMBER: 15256370 (England and Wales)












Unaudited Financial Statements

for the Period 2 November 2023 to 31 December 2024

for

Inverter Service Ltd

Inverter Service Ltd (Registered number: 15256370)






Contents of the Financial Statements
for the Period 2 November 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Inverter Service Ltd

Company Information
for the Period 2 November 2023 to 31 December 2024







DIRECTOR: D S Vermeersch





SECRETARY: MYUKOFFICE LTD





REGISTERED OFFICE: 8 Northumberland Avenue
London
WC2N 5BY





REGISTERED NUMBER: 15256370 (England and Wales)





ACCOUNTANTS: Try Lunn & Co
Chartered Accountants
Roland House
Princes Dock Street
Hull
HU1 2LD

Inverter Service Ltd (Registered number: 15256370)

Balance Sheet
31 December 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 5,159

CURRENT ASSETS
Stocks 22,290
Debtors 5 122,582
Cash at bank 51,760
196,632
CREDITORS
Amounts falling due within one year 6 157,252
NET CURRENT ASSETS 39,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,539

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 8 44,439
SHAREHOLDERS' FUNDS 44,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 28 July 2025 and were signed by:





D S Vermeersch - Director


Inverter Service Ltd (Registered number: 15256370)

Notes to the Financial Statements
for the Period 2 November 2023 to 31 December 2024

1. STATUTORY INFORMATION

Inverter Service Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Plant and Machinery - 20% on cost
Fixtures and Fittings - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items on a first-in-first-out basis.

Taxation
Taxation for the period 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Inverter Service Ltd (Registered number: 15256370)

Notes to the Financial Statements - continued
for the Period 2 November 2023 to 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 6,129
At 31 December 2024 6,129
DEPRECIATION
Charge for period 970
At 31 December 2024 970
NET BOOK VALUE
At 31 December 2024 5,159

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 95,915
Other debtors 26,667
122,582

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 35,505
Taxation and social security 39,140
Other creditors 82,607
157,252

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8. RESERVES
Retained
earnings
£   

Profit for the period 44,439
At 31 December 2024 44,439

Inverter Service Ltd (Registered number: 15256370)

Notes to the Financial Statements - continued
for the Period 2 November 2023 to 31 December 2024

9. RELATED PARTY DISCLOSURES

During the period a director, Mr D S Vermeersch loaned £75,965 to Inverter Service Ltd for working capital. At the Balance Sheet date an amount of £75,965 was owed to Mr D S Vermeersch. The loan is interest free and repayable on demand.

During the period the Company purchased goods and services totalling £28,991 from Inverter Service BV, a company under the same control as Inverter Service Ltd.

Also during the period the Company provided services totalling £19,560 to Inverter Service BV.

At the balance sheet date £25,320 was owed to Inverter Service BV by the company.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D S Vermeersch.