2024-03-01 2025-02-28 2025-02-28 false 07154396 INTO GEAR LTD 2025-10-03 false iso4217:GBP xbrli:pure 07154396 2024-02-29 07154396 2025-02-28 07154396 2024-03-01 2025-02-28 07154396 2023-02-28 07154396 2024-02-29 07154396 2023-03-01 2024-02-29 07154396 bus:SmallEntities 2024-03-01 2025-02-28 07154396 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 07154396 bus:FullAccounts 2024-03-01 2025-02-28 07154396 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 07154396 core:WithinOneYear 2025-02-28 07154396 core:AfterOneYear 2025-02-28 07154396 core:WithinOneYear 2024-02-29 07154396 core:AfterOneYear 2024-02-29 07154396 core:ShareCapital 2025-02-28 07154396 core:SharePremium 2025-02-28 07154396 core:RevaluationReserve 2025-02-28 07154396 core:OtherReservesSubtotal 2025-02-28 07154396 core:RetainedEarningsAccumulatedLosses 2025-02-28 07154396 core:ShareCapital 2024-02-29 07154396 core:SharePremium 2024-02-29 07154396 core:RevaluationReserve 2024-02-29 07154396 core:OtherReservesSubtotal 2024-02-29 07154396 core:RetainedEarningsAccumulatedLosses 2024-02-29 07154396 core:LandBuildings 2025-02-28 07154396 core:PlantMachinery 2025-02-28 07154396 core:Vehicles 2025-02-28 07154396 core:FurnitureFittings 2025-02-28 07154396 core:OfficeEquipment 2025-02-28 07154396 core:NetGoodwill 2025-02-28 07154396 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 07154396 core:ListedExchangeTraded 2025-02-28 07154396 core:UnlistedNon-exchangeTraded 2025-02-28 07154396 core:LandBuildings 2024-02-29 07154396 core:PlantMachinery 2024-02-29 07154396 core:Vehicles 2024-02-29 07154396 core:FurnitureFittings 2024-02-29 07154396 core:OfficeEquipment 2024-02-29 07154396 core:NetGoodwill 2024-02-29 07154396 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 07154396 core:ListedExchangeTraded 2024-02-29 07154396 core:UnlistedNon-exchangeTraded 2024-02-29 07154396 core:LandBuildings 2024-03-01 2025-02-28 07154396 core:PlantMachinery 2024-03-01 2025-02-28 07154396 core:Vehicles 2024-03-01 2025-02-28 07154396 core:FurnitureFittings 2024-03-01 2025-02-28 07154396 core:OfficeEquipment 2024-03-01 2025-02-28 07154396 core:NetGoodwill 2024-03-01 2025-02-28 07154396 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 07154396 core:ListedExchangeTraded 2024-03-01 2025-02-28 07154396 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 07154396 core:MoreThanFiveYears 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments 2025-02-28 07154396 core:Non-currentFinancialInstruments 2024-02-29 07154396 dpl:CostSales 2024-03-01 2025-02-28 07154396 dpl:DistributionCosts 2024-03-01 2025-02-28 07154396 core:LandBuildings 2024-03-01 2025-02-28 07154396 core:PlantMachinery 2024-03-01 2025-02-28 07154396 core:Vehicles 2024-03-01 2025-02-28 07154396 core:FurnitureFittings 2024-03-01 2025-02-28 07154396 core:OfficeEquipment 2024-03-01 2025-02-28 07154396 dpl:AdministrativeExpenses 2024-03-01 2025-02-28 07154396 core:NetGoodwill 2024-03-01 2025-02-28 07154396 core:IntangibleAssetsOtherThanGoodwill 2024-03-01 2025-02-28 07154396 dpl:GroupUndertakings 2024-03-01 2025-02-28 07154396 dpl:ParticipatingInterests 2024-03-01 2025-02-28 07154396 dpl:GroupUndertakings core:ListedExchangeTraded 2024-03-01 2025-02-28 07154396 core:ListedExchangeTraded 2024-03-01 2025-02-28 07154396 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 07154396 core:UnlistedNon-exchangeTraded 2024-03-01 2025-02-28 07154396 dpl:CostSales 2023-03-01 2024-02-29 07154396 dpl:DistributionCosts 2023-03-01 2024-02-29 07154396 core:LandBuildings 2023-03-01 2024-02-29 07154396 core:PlantMachinery 2023-03-01 2024-02-29 07154396 core:Vehicles 2023-03-01 2024-02-29 07154396 core:FurnitureFittings 2023-03-01 2024-02-29 07154396 core:OfficeEquipment 2023-03-01 2024-02-29 07154396 dpl:AdministrativeExpenses 2023-03-01 2024-02-29 07154396 core:NetGoodwill 2023-03-01 2024-02-29 07154396 core:IntangibleAssetsOtherThanGoodwill 2023-03-01 2024-02-29 07154396 dpl:GroupUndertakings 2023-03-01 2024-02-29 07154396 dpl:ParticipatingInterests 2023-03-01 2024-02-29 07154396 dpl:GroupUndertakings core:ListedExchangeTraded 2023-03-01 2024-02-29 07154396 core:ListedExchangeTraded 2023-03-01 2024-02-29 07154396 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 07154396 core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-29 07154396 core:NetGoodwill 2025-02-28 07154396 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 07154396 core:LandBuildings 2025-02-28 07154396 core:PlantMachinery 2025-02-28 07154396 core:Vehicles 2025-02-28 07154396 core:FurnitureFittings 2025-02-28 07154396 core:OfficeEquipment 2025-02-28 07154396 core:AfterOneYear 2025-02-28 07154396 core:WithinOneYear 2025-02-28 07154396 core:ListedExchangeTraded 2025-02-28 07154396 core:UnlistedNon-exchangeTraded 2025-02-28 07154396 core:ShareCapital 2025-02-28 07154396 core:SharePremium 2025-02-28 07154396 core:RevaluationReserve 2025-02-28 07154396 core:OtherReservesSubtotal 2025-02-28 07154396 core:RetainedEarningsAccumulatedLosses 2025-02-28 07154396 core:NetGoodwill 2024-02-29 07154396 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 07154396 core:LandBuildings 2024-02-29 07154396 core:PlantMachinery 2024-02-29 07154396 core:Vehicles 2024-02-29 07154396 core:FurnitureFittings 2024-02-29 07154396 core:OfficeEquipment 2024-02-29 07154396 core:AfterOneYear 2024-02-29 07154396 core:WithinOneYear 2024-02-29 07154396 core:ListedExchangeTraded 2024-02-29 07154396 core:UnlistedNon-exchangeTraded 2024-02-29 07154396 core:ShareCapital 2024-02-29 07154396 core:SharePremium 2024-02-29 07154396 core:RevaluationReserve 2024-02-29 07154396 core:OtherReservesSubtotal 2024-02-29 07154396 core:RetainedEarningsAccumulatedLosses 2024-02-29 07154396 core:NetGoodwill 2023-02-28 07154396 core:IntangibleAssetsOtherThanGoodwill 2023-02-28 07154396 core:LandBuildings 2023-02-28 07154396 core:PlantMachinery 2023-02-28 07154396 core:Vehicles 2023-02-28 07154396 core:FurnitureFittings 2023-02-28 07154396 core:OfficeEquipment 2023-02-28 07154396 core:AfterOneYear 2023-02-28 07154396 core:WithinOneYear 2023-02-28 07154396 core:ListedExchangeTraded 2023-02-28 07154396 core:UnlistedNon-exchangeTraded 2023-02-28 07154396 core:ShareCapital 2023-02-28 07154396 core:SharePremium 2023-02-28 07154396 core:RevaluationReserve 2023-02-28 07154396 core:OtherReservesSubtotal 2023-02-28 07154396 core:RetainedEarningsAccumulatedLosses 2023-02-28 07154396 core:AfterOneYear 2024-03-01 2025-02-28 07154396 core:WithinOneYear 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:CostValuation 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-03-01 2025-02-28 07154396 core:Non-currentFinancialInstruments core:CostValuation 2025-02-28 07154396 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-02-28 07154396 core:Non-currentFinancialInstruments core:CostValuation 2024-02-29 07154396 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-02-29 07154396 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-02-29 07154396 bus:Director1 2024-03-01 2025-02-28

INTO GEAR LTD

Registered Number
07154396
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

INTO GEAR LTD
Company Information
for the year from 1 March 2024 to 28 February 2025

Director | GAZE, William Andrew

Registered Address | 138-140 Beverley Road
| Hull
| HU3 1UX

Registered Number | 07154396 (England and Wales)

INTO GEAR LTD
Balance Sheet as at
28 February 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 9,433 |  |  |  | 8,117
|  |  |  | 9,433 |  |  |  | 8,117
Current assets |  |  |  |  |  |  |  |
Debtors | 5 | 73,132 |  |  |  | 64,907 |  |
Cash at bank and on hand |  | 1,370 |  |  |  | 885 |  |
|  | 74,502 |  |  |  | 65,792 |  |
Creditors amounts falling due within one year | 6 | (63,842) |  |  |  | (41,866) |  |
Net current assets (liabilities) |  |  |  | 10,660 |  |  |  | 23,926
Total assets less current liabilities |  |  |  | 20,093 |  |  |  | 32,043
Creditors amounts falling due after one year | 7 |  |  | (17,723) |  |  |  | (30,341)
Net assets |  |  |  | 2,370 |  |  |  | 1,702
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 10 |  |  |  | 10
Profit and loss account |  |  |  | 2,360 |  |  |  | 1,692
Shareholders' funds |  |  |  | 2,370 |  |  |  | 1,702

- 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 Director acknowledges 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 Director on 3 October 2025, and are signed on its behalf by:
GAZE, William Andrew Director Registered Company No. 07154396

INTO GEAR LTD
Notes to the Financial Statements
for the year ended 28 February 2025

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.

| Finance costs
--- | ---
| Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Reducing balance (%)
| Plant and machinery | 20
| Vehicles | 20

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

| Stocks and work in progress
--- | ---
| Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Share capital
--- | ---
| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 2 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Vehicles |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 March 24 | 7,024 |  | 10,000 |  | 17,024
| Additions | - |  | 3,000 |  | 3,000
| At 28 February 25 | 7,024 |  | 13,000 |  | 20,024
| Depreciation and impairment
| At 01 March 24 | 6,907 |  | 2,000 |  | 8,907
| Charge for year | 23 |  | 1,661 |  | 1,684
| At 28 February 25 | 6,930 |  | 3,661 |  | 10,591
| Net book value
| At 28 February 25 | 94 |  | 9,339 |  | 9,433
| At 29 February 24 | 117 |  | 8,000 |  | 8,117

4. | Stocks
--- | ---

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 73,132 |  | 61,132
| Other debtors | - |  | 3,775
| Total | 73,132 |  | 64,907

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 58,842 |  | 34,236
| Bank borrowings and overdrafts | 334 |  | 4,205
| Taxation and social security | 4,066 |  | 2,825
| Accrued liabilities and deferred income | 600 |  | 600
| Total | 63,842 |  | 41,866

7. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 12,030 |  | 22,246
| Other creditors | 5,693 |  | 8,095
| Total | 17,723 |  | 30,341

8. | Obligations under finance leases
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | 5,693 |  | 8,095

9. | Share capital
--- | ---
| 10 Ordinary Shares