REGISTERED NUMBER: 14621251 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

INICIO CORPORATE FINANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K H Hughes

Mr S Taylor

REGISTERED OFFICE:

40 Mortimer Street

London

W1W 7RQ

REGISTERED NUMBER:

14621251 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

950

1,149

CURRENT ASSETS

Debtors

5

16,788

3,849

Cash at bank

920

14

17,708

3,863

CREDITORS

Amounts falling due within one year

6

251,722

91,716

NET CURRENT LIABILITIES

(234,014

)

(87,853

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(233,064

)

(86,704

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(233,065

)

(86,705

)

(233,064

)

(86,704

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 30 October 2025 and were signed on its behalf by:

Mr K H Hughes - Director

1.	STATUTORY INFORMATION

Inicio Corporate Finance 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern

At 31 January 2025, the Company was in a net liability position of £233,064. Although the Company is currently loss making, the directors have indicated that they have adequate resources to support the Company for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2024

and 31 January 2025

1,329

DEPRECIATION

At 1 February 2024

180

Charge for year

199

At 31 January 2025

379

NET BOOK VALUE

At 31 January 2025

950

At 31 January 2024

1,149

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

15,558

2,620

Other debtors

1,195

1,195

Prepayments and accrued income

35

34

16,788

3,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

5,734

-

Social security and other taxes

-

9,965

Value added tax

295

-

Other creditors

113,693

77,776

Director's current account

-

1,175

Accruals and deferred income

132,000

2,800

251,722

91,716