Independent NeuroScience Services INSS - Accounts to registrar (filleted)

REGISTERED NUMBER: 10476221 (England and Wales)

Independent NeuroScience Services INSS

Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr B Pichler

SECRETARY:

Dr D E Pichler

REGISTERED OFFICE:

The Briars

South Chailey

Lewes

East Sussex

BN8 4AN

REGISTERED NUMBER:

10476221 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Tangible assets

4

31,703

28,166

CURRENT ASSETS

Stocks

83,663

108,332

Debtors

5

75,079

258,675

Cash at bank

530,846

185,605

689,588

552,612

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

208,330

51,949

NET CURRENT ASSETS

481,258

500,663

TOTAL ASSETS LESS CURRENT
LIABILITIES

512,961

528,829

PROVISIONS FOR LIABILITIES

2,271

-

NET ASSETS

510,690

528,829

CAPITAL AND RESERVES

Called up share capital

7

200

Retained earnings

510,490

528,629

SHAREHOLDERS' FUNDS

510,690

528,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2025 and were signed by:

Dr B Pichler - Director

1.	STATUTORY INFORMATION

Independent NeuroScience Services INSS 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents revenue, net of VAT, from commercial transactions under which the company supplies customers the goods and services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those goods and services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Garden office

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off to the profit and loss account in the year in which it is incurred unless its future recoverability can reasonably be assured, in which case it is carried forward as an intangible asset.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company contributes to the pension schemes of its employees. Contributions payable to these schemes are charged to the profit and loss account in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Garden

Plant and

and

Computer

office

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

32,190

-

2,098

9,507

43,795

Additions

-

9,762

4,098

441

14,301

Disposals

-

(732

)

(732

)

At 31 March 2025

32,190

9,762

6,196

9,216

57,364

DEPRECIATION

At 1 April 2024

8,048

-

1,792

5,789

15,629

Charge for year

6,036

2,441

1,099

988

10,564

Eliminated on disposal

-

(532

)

(532

)

At 31 March 2025

14,084

2,441

2,891

6,245

25,661

NET BOOK VALUE

At 31 March 2025

18,106

7,321

3,305

2,971

31,703

At 31 March 2024

24,142

-

306

3,718

28,166

5.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

3,520

97,431

Other debtors

64,751

161,244

68,271

258,675

Amounts falling due after more than one year:

Other debtors

6,808

-

Aggregate amounts

75,079

258,675

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

16,616

4,113

Taxation and social security

1,244

950

Other creditors

190,470

46,886

208,330

51,949

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary A

£1

100

Ordinary B

£1

100

200

8.	OFF-BALANCE SHEET ARRANGEMENTS

Total commitments under a motor lease agreement amount to £24,422 (2024: £nil).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the director of £17,255 (2024: £35,719) and was repaid £17,268 (2024: £35,546). At the balance sheet date the company owed the director £1,152 (2024: £1,139). The loan is interest free, unsecured and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £10,000 (2024 - £2,000) were paid to the director .