Company Registration No. 06314125 (England and Wales)
Innovata Communications Limited
Unaudited accounts
for the year ended 31 March 2025
Innovata Communications Limited
Unaudited accounts
Contents
Innovata Communications Limited
Company Information
for the year ended 31 March 2025
Company Number
06314125 (England and Wales)
Registered Office
17 Port Hill Road
Benson
Wallingford
Oxfordshire
OX10 6NF
England
Accountants
Stephen Beard Accountancy Services
10 Cheshire Road
Thame
Oxon
OX9 3LQ
Innovata Communications Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
6,627
13,162
Creditors: amounts falling due within one year
(3,760)
(7,011)
Net current assets
16,586
16,113
Total assets less current liabilities
17,251
16,113
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
17,124
16,112
Shareholders' funds
17,125
16,113
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 October 2025 and were signed on its behalf by
Mr M.T. Jones
Director
Company Registration No. 06314125
Innovata Communications Limited
Notes to the Accounts
for the year ended 31 March 2025
Innovata Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 06314125. The registered office is 17 Port Hill Road, Benson, Wallingford, Oxfordshire, OX10 6NF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight line basis
Innovata Communications Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,394
3,758
Loans from directors
-
2,396
7
Deferred taxation
2025
2024
Accelerated capital allowances
126
-
Provision at start of year
-
(1,808)
Charged to the profit and loss account
126
1,808
Provision at end of year
126
-
Innovata Communications Limited
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
-
856
-
856
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).