INVEON DIGITAL COMMERCE SOLUTIONS LTD


Directors	ALKAS BAROKAS, Emir
	CELEBI, Sercan
	KASTRO, Moris
	KASTRO, Yomi


Registered Address	C/O Srm, 59
	Terrington Hill
	Marlow
	SL7 2RE


Registered Number	11683907 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		402,918		796,009
Investments	4		5,915		5,915
			408,833		801,924
Current assets
Debtors		450,200		380,353
Cash at bank and on hand		751,030		827,834
		1,201,230		1,208,187
Prepayments and accrued income		183		-
Creditors amounts falling due within one year	5	(515,285)		(273,364)
Net current assets (liabilities)			686,128		934,823
Total assets less current liabilities			1,094,961		1,736,747
Net assets			1,094,961		1,736,747
Capital and reserves
Called up share capital			3,306		3,306
Share premium			2,085,830		2,085,830
Profit and loss account			(994,175)		(352,389)
Shareholders' funds			1,094,961		1,736,747

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

KASTRO, Yomi
Director
Registered Company No. 11683907

INVEON DIGITAL COMMERCE SOLUTIONS LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Amortisation
	Intangible assets are stated at cost less accumulated amortisation and impairment. Amortisation is charged on a straight-line basis over the assets’ estimated useful lives. The company amortises acquired software rights over five years (20% per annum).

	Investments
	Investments in subsidiaries are stated at cost less provision for any impairment in value.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		0

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 24	1,965,454	1,965,454
At 31 December 24	1,965,454	1,965,454
Amortisation and impairment
At 01 January 24	1,169,445	1,169,445
Charge for year	393,091	393,091
At 31 December 24	1,562,536	1,562,536
Net book value
At 31 December 24	402,918	402,918
At 31 December 23	796,009	796,009

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 24	5,915	5,915
At 31 December 24	5,915	5,915
Net book value
At 31 December 24	5,915	5,915
At 31 December 23	5,915	5,915

	Notes
	¹Investments in group undertakings and participating interests

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	495,286	246,537
Taxation and social security	19,999	26,827
Total	515,285	273,364