REGISTERED NUMBER: 07538114 (England and Wales)

Ingenasys Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

S S Vara

R S Kahlbaugh

Registered office:

20 Fenchurch Street

5th Floor

London

EC3M 3BY

Registered number:

07538114 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Investments

4

784,335

784,335

Current assets

Debtors

5

759,783

1,265,345

Cash at bank

3,034

6,325

762,817

1,271,670

Creditors

Amounts falling due within one year

6

18,903

13,470

Net current assets

743,914

1,258,200

Total assets less current liabilities

1,528,249

2,042,535

Creditors

Amounts falling due after more than one year

7

931,453

1,438,095

Net assets

596,796

604,440

Capital and reserves

Called up share capital

11,319

11,319

Share premium

657,501

657,501

Retained earnings

(72,024

)

(64,380

)

Shareholders' funds

596,796

604,440

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 26 September 2025 and were signed on its behalf by:

S S Vara - Director

1.	Statutory information

Ingenasys 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.

Investments in subsidiaries

Investments in subsidiaries, are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

Investments in subsidiaries are assessed for impairment at each reporting date. Any impairments losses or reversals of impairment losses are recognised immediately in profit or loss.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - 5 ).

4.	Fixed asset investments

Shares in

group

undertakin

£

Cost

At 1 January 2024

and 31 December 2024

784,335

Net book value

At 31 December 2024

784,335

At 31 December 2023

784,335

5.

Debtors

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Other debtors

11,357

10,118

31.12.24

31.12.23

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

748,426

1,255,227

Aggregate amounts

759,783

1,265,345

6.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Other creditors

18,903

13,470

7.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Amounts owed to group undertakings

931,453

1,438,095