IRIS Accounts Production v25.1.4.42 07869155 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078691552023-12-31078691552024-12-31078691552024-01-012024-12-31078691552022-12-31078691552023-01-012023-12-31078691552023-12-3107869155ns15:EnglandWales2024-01-012024-12-3107869155ns14:PoundSterling2024-01-012024-12-3107869155ns10:Director12024-01-012024-12-3107869155ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107869155ns10:SmallEntities2024-01-012024-12-3107869155ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107869155ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107869155ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107869155ns10:FullAccounts2024-01-012024-12-3107869155ns5:CurrentFinancialInstruments2024-12-3107869155ns5:CurrentFinancialInstruments2023-12-3107869155ns5:ShareCapital2024-12-3107869155ns5:ShareCapital2023-12-3107869155ns5:RetainedEarningsAccumulatedLosses2024-12-3107869155ns5:RetainedEarningsAccumulatedLosses2023-12-3107869155ns10:RegisteredOffice2024-01-012024-12-3107869155ns5:FurnitureFittings2023-12-3107869155ns5:FurnitureFittings2024-01-012024-12-3107869155ns5:FurnitureFittings2024-12-3107869155ns5:FurnitureFittings2023-12-3107869155ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107869155ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31078691551ns10:Director12023-12-31078691551ns10:Director12022-12-31078691551ns10:Director12024-01-012024-12-31078691551ns10:Director12023-01-012023-12-31078691551ns10:Director12024-12-31078691551ns10:Director12023-12-31
REGISTERED NUMBER: 07869155 (England and Wales)

















INCINCO INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,407 2,028
Investment property 5 1,584,436 1,584,436
1,585,843 1,586,464

CURRENT ASSETS
Debtors 6 227 29,468
Cash at bank and in hand 13,700 54,444
13,927 83,912
CREDITORS
Amounts falling due within one year 7 915,165 937,517
NET CURRENT LIABILITIES (901,238 ) (853,605 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

684,605

732,859

PROVISIONS FOR LIABILITIES 39,619 25,158
NET ASSETS 644,986 707,701

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 644,984 707,699
SHAREHOLDERS' FUNDS 644,986 707,701

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

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

The directors acknowledge their 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.

INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:





M J Moynihan - Director


INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Incinco Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07869155

Registered office: Broad House
The Broadway
Old Hatfield
Herts
AL9 5BG

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 as modified by the revaluation of certain assets.

Going concern
The financial statements have been prepared on a going concern basis on the assumption that the shareholder continues to support the company.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover
Turnover represents the income received from the company principal activity of property investment.

Tangible fixed assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & fittings-20% on cost

Investment property
Investment properties are shown at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.

INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 3,107
DEPRECIATION
At 1 January 2024 1,079
Charge for year 621
At 31 December 2024 1,700
NET BOOK VALUE
At 31 December 2024 1,407
At 31 December 2023 2,028

INCINCO INVESTMENTS LIMITED (REGISTERED NUMBER: 07869155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 1,584,436
NET BOOK VALUE
At 31 December 2024 1,584,436
At 31 December 2023 1,584,436

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2019 208,519
Cost 1,375,917
1,584,436

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 227 29,468

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,786 3,810
Other creditors 913,379 933,707
915,165 937,517

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
M J Moynihan
Balance outstanding at start of year 29,468 (37 )
Amounts advanced 36,002 36,000
Amounts repaid (65,702 ) (6,495 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (232 ) 29,468

9. RELATED PARTY DISCLOSURES

Creditors include £909,547 (2023: £930,307) due to a company of which Mr M J Moynihan is a director.