REGISTERED NUMBER: 07657590 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Incendia Professional Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I Williams

J Smith

SECRETARY:

REGISTERED OFFICE:

Castle Chambers

Suite 8, 3rd Floor

43 Castle Street

Liverpool

Merseyside

L2 9SH

REGISTERED NUMBER:

07657590 (England and Wales)

CURRENT ASSETS

Debtors

4

28,071

105,912

Cash at bank

2,033

2,128

30,104

108,040

CREDITORS

Amounts falling due within one year

5

57,757

72,162

NET CURRENT (LIABILITIES)/ASSETS

(27,653

)

35,878

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,653

)

35,878

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(27,654

)

35,877

SHAREHOLDERS' FUNDS

(27,653

)

35,878

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

I Williams - Director

1.	STATUTORY INFORMATION

Incendia Professional Services 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

330

1,076

Amounts owed by group undertakings

25,618

100,717

Other debtors

2,123

4,119

28,071

105,912

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

25,802

37,021

Trade creditors

29,046

33,491

Taxation and social security

268

-

Other creditors

2,641

1,650

57,757

72,162

6.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Incendia Payment Solutions Ltd.

At the year end there were amounts due to the company of £25,618 (2023 - £100,717) from the parent company.