REGISTERED NUMBER: 03849643 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Innvestments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr P Whiteman

Registered office:

48 Union Street

Hyde

Cheshire

SK14 1ND

Registered number:

03849643 (England and Wales)

Accountants:

Allen Mills Howard & Co

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

308,157

653,803

308,157

653,803

Current assets

Stocks

25,365

23,773

Debtors

6

1,542,634

1,201,424

Cash at bank and in hand

190,463

168,927

1,758,462

1,394,124

Creditors

Amounts falling due within one year

7

264,245

465,515

Net current assets

1,494,217

928,609

Total assets less current liabilities

1,802,374

1,582,412

Provisions for liabilities

7,309

8,010

Net assets

1,795,065

1,574,402

Capital and reserves

Called up share capital

8

400,000

400,000

Retained earnings

1,395,065

1,174,402

Shareholders' funds

1,795,065

1,574,402

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

Mr P Whiteman - Director

1.	Statutory information

Innvestments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of sixteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Kitchen equipment

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

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.

3.	Employees and directors

The average number of employees during the year was 32 (2023 - 34 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2024

and 31 December 2024

35,000

Amortisation

At 1 January 2024

and 31 December 2024

35,000

Net book value

At 31 December 2024

-

At 31 December 2023

-

5.	Tangible fixed assets

Freehold

Other

Kitchen

property

tangible

equipment

£

£

£

Cost

At 1 January 2024

607,684

1,240

146,313

Additions

-

-

1,720

Disposals

(340,303

)

-

-

At 31 December 2024

267,381

1,240

148,033

Depreciation

At 1 January 2024

-

-

126,182

Charge for year

-

-

4,370

At 31 December 2024

-

-

130,552

Net book value

At 31 December 2024

267,381

1,240

17,481

At 31 December 2023

607,684

1,240

20,131

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 January 2024

197,926

1,200

40,470

994,833

Additions

2,493

-

328

4,541

Disposals

-

-

-

(340,303

)

At 31 December 2024

200,419

1,200

40,798

659,071

Depreciation

At 1 January 2024

180,158

1,197

33,493

341,030

Charge for year

4,052

1

1,461

9,884

At 31 December 2024

184,210

1,198

34,954

350,914

Net book value

At 31 December 2024

16,209

2

5,844

308,157

At 31 December 2023

17,768

3

6,977

653,803

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Other debtors

1,542,634

1,201,424

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

32,295

34,534

Taxation and social security

151,774

97,635

Other creditors

80,176

333,346

264,245

465,515

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

400,000

Ordinary

£1

400,000

400,000