Company No: 09202521 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Gary Sellers
	Kim Sellers

Registered office	37 St. Margarets Street
	Canterbury
	CT1 2TU
	United Kingdom

Company number

09202521 (England and Wales)

Accountant	Kreston Reeves LLP
	37 St Margaret's Street
	Canterbury
	CT1 2TU
	United Kingdom

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	4	151,929		84,877
		151,929		84,877
Current assets
Debtors	5	83,696		108,562
Cash at bank and in hand	6	94,407		60,602
		178,103		169,164
Creditors: amounts falling due within one year	7	( 110,046)		( 105,839)
Net current assets		68,057		63,325
Total assets less current liabilities		219,986		148,202
Creditors: amounts falling due after more than one year	8, 12	( 44,664)		( 27,265)
Provision for liabilities	9	( 37,902)		( 21,219)
Net assets		137,420		99,718
Capital and reserves
Called-up share capital	10	100		100
Profit and loss account		137,320		99,618
Total shareholders' funds		137,420		99,718

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Invicta Generators Limited (registered number: 09202521) were approved and authorised for issue by the Board of Directors on 14 August 2025. They were signed on its behalf by:

Gary Sellers Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Invicta Generators Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 37 St. Margarets Street, Canterbury, CT1 2TU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	5 years straight line
Vehicles	20 % reducing balance
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	8		8

3. Dividends on equity shares

	2024		2023
	£		£
Amounts recognised as distributions to equity holders in the financial year:
Final dividend for the financial year ended 31 December 2024 of £720.00 (2023: £800.00) per ordinary share	72,000		80,000

4. Tangible assets

	Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£
Cost
At 01 January 2024	8,099		134,867		10,580		153,546
Additions	19,119		73,940		323		93,382
At 31 December 2024	27,218		208,807		10,903		246,928
Accumulated depreciation
At 01 January 2024	6,505		53,497		8,667		68,669
Charge for the financial year	2,358		23,227		745		26,330
At 31 December 2024	8,863		76,724		9,412		94,999
Net book value
At 31 December 2024	18,355		132,083		1,491		151,929
At 31 December 2023	1,594		81,370		1,913		84,877
Leased assets included above:
Net book value
At 31 December 2024	0		115,721		0		115,721
At 31 December 2023	0		70,606		0		70,606

5. Debtors

	2024		2023
	£		£
Trade debtors	73,931		94,877
Prepayments and accrued income	9,765		10,096
Other debtors	0		3,589
	83,696		108,562

6. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	94,407		60,602

7. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to directors	18,142		18,142
Accruals	3,404		4,678
Taxation and social security	49,124		56,310
Obligations under finance leases and hire purchase contracts	37,251		25,445
Other creditors	2,125		1,264
	110,046		105,839

8. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Obligations under finance leases and hire purchase contracts	44,664		27,265

9. Deferred tax

	2024		2023
	£		£
At the beginning of financial year	( 21,219)		( 18,030)
Charged to the Statement of Income and Retained Earnings	( 16,683)		( 3,189)
At the end of financial year	( 37,902)		( 21,219)

10. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

11. Related party transactions

Transactions with the entity's directors

All directors' remuneration and other transactions with related parties paid by the company during the year were done so under normal market conditions.

Included within other creditors is a balance owing to the directors in the sum of £17,772 (2023: £18,142).

12. Hire purchase and finance leases

Minimum lease payments under hire purchase fall due as follows:

	2024		2023
	£		£
Hire Purchase	(37,251)		(25,445)
Hire Purchase 1-2 yr	(44,664)		(19,391)
Hire Purchase 2-5 yr	0		(7,874)
	(81,915)		(52,710)

13. Ultimate controlling party

The company is controlled by G and K Sellers by virtue of their combined 100% shareholding.