Registration number: 11085020

Inbox Projects Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Inbox Projects Limited

(Registration number: 11085020)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	18,351	17,719
Current assets
Stocks		21,125	-
Debtors	5	117,166	212,866
Cash at bank and in hand		437,364	417,081
		575,655	629,947
Creditors: Amounts falling due within one year	6	(215,519)	(370,541)
Net current assets		360,136	259,406
Total assets less current liabilities		378,487	277,125
Creditors: Amounts falling due after more than one year	6	(4,167)	(14,167)
Provisions for liabilities		(4,588)	(4,429)
Net assets		369,732	258,529
Capital and reserves
Called up share capital		100	100
Retained earnings		369,632	258,429
Shareholders' funds		369,732	258,529

Inbox Projects Limited

(Registration number: 11085020)
Balance Sheet as at 31 December 2024

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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 September 2025 and signed on its behalf by:
 

......................................... Mr G Carlon Director

Inbox Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Inbox Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	25% straight line
Computer Equipment	25% straight line
Motor Vehicles	25% reducing balance
Plant and Machinery	25% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Inbox Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	6,698	26,378	-	33,076
Additions	1,306	-	6,450	7,756
At 31 December 2024	8,004	26,378	6,450	40,832
Depreciation
At 1 January 2024	3,819	11,538	-	15,357
Charge for the year	1,803	3,709	1,612	7,124
At 31 December 2024	5,622	15,247	1,612	22,481
Carrying amount
At 31 December 2024	2,382	11,131	4,838	18,351
At 31 December 2023	2,879	14,840	-	17,719

Inbox Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current	2024 £	2023 £
Trade debtors	106,239	137,324
Other debtors	10,927	75,542
	117,166	212,866

6

Creditors

Creditors: amounts falling due within one year

		2024 £	2023 £
Due within one year
Other borrowings		19,400	12,044
Trade creditors		119,199	239,956
Taxation and social security		13,613	2,613
Other creditors		62,180	113,638
Amounts due to related parties		1,127	2,290
		215,519	370,541

Creditors: amounts falling due after more than one year

		2024 £	2023 £
Due after one year
Other borrowings		4,167	14,167