Inicio Investments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13014418

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,558,838		1,558,838

			1,558,838		1,558,838
CURRENT ASSETS
Cash at bank and in hand		20,097		9,624

		20,097		9,624
Creditors: Amounts Falling Due Within One Year	5	(280,809 )		(301,369 )

NET CURRENT ASSETS (LIABILITIES)			(260,712 )		(291,745 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,298,126		1,267,093

Creditors: Amounts Falling Due After More Than One Year	6		(971,986 )		(972,090 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(78,542 )		(78,542 )

NET ASSETS			247,598		216,461

CAPITAL AND RESERVES
Called up share capital	7		100		100
Revaluation reserve	8		334,838		334,838
Profit and Loss Account			(87,340 )		(118,477 )

SHAREHOLDERS' FUNDS			247,598		216,461

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Inicio Investments Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ben Thomas

Director

25/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Inicio Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13014418 . The registered office is The Studio, Plawsfield Road, Beckenham, Kent, BR3 1FE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in othercomprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

2.4. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value

with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

...CONTINUED

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Inicio Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.4. Financial Instruments - continued

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.5. Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

2.6. Provisions for Liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: )

4. Tangible Assets

	Land & Buildings
	£
Cost or Valuation
As at 1 June 2024	1,558,838

As at 31 May 2025	1,558,838

Net Book Value
As at 31 May 2025	1,558,838

As at 1 June 2024	1,558,838

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	280,809	301,369

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	971,986	972,090

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Inicio Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

8. Reserves

	Revaluation Reserve
	£
As at 1 June 2024	334,838

As at 31 May 2025	334,838

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