1 October 2024 false No description of principal activity Taxfiler 2024.6 14344713 business:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 14344713 2024-09-30 14344713 business:EntityNoLongerTradingButTradedInPast 2024-10-01 2025-09-30 14344713 2024-10-01 2025-09-30 14344713 business:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 14344713 business:FilletedAccounts 2024-10-01 2025-09-30 14344713 2025-09-30 14344713 business:Director1 2024-10-01 2025-09-30 14344713 business:RegisteredOffice 2024-10-01 2025-09-30 14344713 2024-09-30 14344713 core:WithinOneYear 2025-09-30 14344713 core:WithinOneYear 2024-09-30 14344713 core:ShareCapital core:PreviouslyStatedAmount 2025-09-30 14344713 core:ShareCapital core:PreviouslyStatedAmount 2024-09-30 14344713 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-09-30 14344713 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-09-30 14344713 core:PreviouslyStatedAmount 2025-09-30 14344713 core:PreviouslyStatedAmount 2024-09-30 14344713 business:SmallEntities 2024-10-01 2025-09-30 14344713 countries:EnglandWales 2024-10-01 2025-09-30 14344713 core:RevaluationsIncreaseDecreaseInInvestments 2025-09-30 14344713 core:TaxLossesCarry-forwardsDeferredTax 2025-09-30 14344713 core:TaxLossesCarry-forwardsDeferredTax 2024-09-30 14344713 core:OtherDeferredTax 2025-09-30 14344713 core:OtherDeferredTax 2024-09-30 14344713 2023-09-30 14344713 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 14344713 (England and Wales)
iNet One Limited Unaudited accounts for the year ended 30 September 2025
iNet One Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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iNet One Limited Company Information for the year ended 30 September 2025
Director
Daniel Ivan Sklan
Company Number
14344713 (England and Wales)
Registered Office
11 Easter Industrial Park Ferry Lane South Rainham RM13 9BP England
Accountants
Workabee Accountants Sharon Gillett BSc FCA 11 Chestnut Avenue Buckhurst Hill Essex IG9 6EN
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iNet One Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
150,642
111,133
Current assets
Debtors
5
1
1
Cash at bank and in hand
971
811
972
812
Creditors: amounts falling due within one year
6
(102,357)
(101,423)
Net current liabilities
(101,385)
(100,611)
Total assets less current liabilities
49,257
10,522
Provisions for liabilities
Deferred tax
7
(11,517)
(1,833)
Net assets
37,740
8,689
Capital and reserves
Called up share capital
1
1
Profit and loss account
37,739
8,688
Shareholders' funds
37,740
8,689
For the year ending 30 September 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 16 October 2025 and were signed on its behalf by
Daniel Ivan Sklan Director Company Registration No. 14344713
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iNet One Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
iNet One Limited is a private company, limited by shares, registered in England and Wales, registration number 14344713. The registered office is 11 Easter Industrial Park, Ferry Lane South, Rainham, RM13 9BP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments are included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the investments are sold.
Deferred taxation
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.
4
Investments
Other investments
£
Valuation at 1 October 2024
111,133
Fair value adjustments
39,509
Valuation at 30 September 2025
150,642
The value of investments has been provided by Baird & Co. Limited and are based on 30 Sep 2025 PM Fix prices.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
1
1
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iNet One Limited Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
1,063
Other creditors
102,000
100,034
Accruals
357
326
102,357
101,423
7
Deferred taxation
2025
2024
£
£
Tax losses carried forward
(194)
-
Other deferred taxation
11,711
1,833
11,517
1,833
2025
2024
£
£
Provision at start of year
1,833
-
Charged to the profit and loss account
9,684
1,833
Provision at end of year
11,517
1,833
8
Transactions with related parties
As at 30 September 2025, £102,000 (2024: £100,000) was owed to a related company, which shares the same director. £nil (2023: £34) was owed to another related company, which also shares the same director. No interest is charged on money owed and the amounts are repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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