Company Registration No. 12163032 (England and Wales)
Indirock Ltd
Unaudited accounts
for the year ended 31 March 2025
Indirock Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
370,215
393,166
Cash at bank and in hand
16,755
23,406
Creditors: amounts falling due within one year
(120,901)
(92,364)
Net current liabilities
(66,539)
(42,119)
Total assets less current liabilities
303,676
351,047
Creditors: amounts falling due after more than one year
(340,882)
(397,563)
Net liabilities
(37,206)
(46,516)
Called up share capital
1
1
Profit and loss account
(37,207)
(46,517)
Shareholders' funds
(37,206)
(46,516)
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 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 11 August 2025 and were signed on its behalf by
E Vermont
Director
Company Registration No. 12163032
Indirock Ltd
Notes to the Accounts
for the year ended 31 March 2025
Indirock Ltd is a private company, limited by shares, registered in England and Wales, registration number 12163032. The registered office is Victoria Centre Unit F16-20, Victoria Plaza, Southend-On-Sea, SS2 5SP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
Land & buildings
15 years - straight line
Fixtures & fittings
15 years - straight line
Computer equipment
15 years - straight line
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.
Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Basic financial instruments are recognised at amortised cost.
Taking into account a period exceeding twelve months from the date of approval of these financial statements, the directors have a reasonable expectation that it has adequate resources to continue operational exsistence for the foreseeable future.
Indirock Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
179,057
275,530
1,390
455,977
At 31 March 2025
179,057
283,069
1,390
463,516
At 1 April 2024
25,040
37,766
5
62,811
Charge for the year
11,938
18,565
91
30,594
On disposals
-
(104)
-
(104)
At 31 March 2025
36,978
56,227
96
93,301
At 31 March 2025
142,079
226,842
1,294
370,215
At 31 March 2024
154,017
237,764
1,385
393,166
Amounts falling due within one year
Trade debtors
9,052
12,519
Accrued income and prepayments
19,694
8,565
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
32,778
6,125
Taxes and social security
3,357
5,364
Other creditors
33,469
33,321
Deferred income
50,475
17,451
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
192,226
228,541
Loans from directors
35,544
30,327
Deferred income
113,112
138,695
Indirock Ltd
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100,000 Ordinary shares of £0.00001 each
1
1
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
58,163
59,944
Later than one year and not later than five years
230,000
230,663
Later than five years
378,542
436,042
10
Transactions with related parties
As at the 31st March 2025 an amount of £35,544 (2024: £30,327) was jointly owed to E Vermont and G Conroy, directors of the company.
As at the 31st March 2025 an amount of £70,352 (2024: £73,861) was owed to Tastail Limited, a company with a director in common.
11
Average number of employees
During the year the average number of employees was 19 (2024: 17).