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Company Registration No. 12666862 (England and Wales)
iNet Capex Limited Unaudited accounts for the year ended 30 June 2025
iNet Capex Limited Unaudited accounts Contents
Page
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iNet Capex Limited Company Information for the year ended 30 June 2025
Director
Daniel Ivan Sklan
Company Number
12666862 (England and Wales)
Registered Office
11 Easter Park Ferry Lane South Rainham RM13 9BP England
Accountants
Workabee Accountants Sharon Gillett BSc FCA 11 Chestnut Avenue Buckhurst Hill Essex IG9 6EN
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iNet Capex Limited Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
240,000 
240,000 
Current assets
Debtors
7,109 
197 
Cash at bank and in hand
11,136 
16,348 
18,245 
16,545 
Creditors: amounts falling due within one year
(185,342)
(186,087)
Net current liabilities
(167,097)
(169,542)
Total assets less current liabilities
72,903 
70,458 
Provisions for liabilities
Deferred tax
(12,266)
(12,266)
Net assets
60,637 
58,192 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
60,627 
58,182 
Shareholders' funds
60,637 
58,192 
For the year ending 30 June 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 6 August 2025 and were signed on its behalf by
Daniel Ivan Sklan Director Company Registration No. 12666862
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iNet Capex Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
iNet Capex Limited is a private company, limited by shares, registered in England and Wales, registration number 12666862. The registered office is 11 Easter Park, Ferry Lane South, Rainham, RM13 9BP, 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.
Turnover
Turnover comprises of rental income and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost.
4
Investment property
2025 
£ 
Fair value at 1 July 2024
240,000 
At 30 June 2025
240,000 
Valuation of properties is based on director valuations.
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iNet Capex Limited Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
7,099 
187 
Other debtors
10 
10 
7,109 
197 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
532 
1,277 
Other creditors
184,600 
184,600 
Accruals
210 
210 
185,342 
186,087 
7
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of investment property
12,266 
12,266 
2025 
2024 
£ 
£ 
Provision at start of year
12,266 
12,266 
Provision at end of year
12,266 
12,266 
8
Transactions with related parties
As at 30 June 2025, £184,000 was owed to a related company (2024: £184,000). No interest is charged on money owed and the amounts are repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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