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Company Registration No. 13614872 (England and Wales)
Inventress Ltd Unaudited accounts for the year ended 31 December 2024
Inventress Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Inventress Ltd Company Information for the year ended 31 December 2024
Directors
Matheus Heinl Hanna Mareena Laikko
Company Number
13614872 (England and Wales)
Registered Office
124 City Road London Greater London EC1V 2NX England
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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Inventress Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
3,219
3,942
Current assets
Debtors
5
65,061
55,347
Cash at bank and in hand
19,862
91,268
84,923
146,615
Creditors: amounts falling due within one year
6
4,123
63,865
Net current assets
89,046
210,480
Net assets
92,265
214,422
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
92,165
214,322
Shareholders' funds
92,265
214,422
For the year ending 31 December 2024 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 directors acknowledge 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 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 of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
Matheus Heinl Director Company Registration No. 13614872
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Inventress Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Inventress Ltd is a private company, limited by shares, registered in England and Wales, registration number 13614872. The registered office is 124 City Road, London, Greater London, EC1V 2NX, 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.
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:
Fixtures & fittings
Straight Line 33%
Computer equipment
Straight Line 33%
Turnover
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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
3,534
2,199
5,733
Additions
722
-
722
At 31 December 2024
4,256
2,199
6,455
Depreciation
At 1 January 2024
1,425
366
1,791
Charge for the year
840
605
1,445
At 31 December 2024
2,265
971
3,236
Net book value
At 31 December 2024
1,991
1,228
3,219
At 31 December 2023
2,109
1,833
3,942
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Inventress Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
19,831
22,306
Accrued income and prepayments
1,263
-
Other debtors
43,967
33,041
65,061
55,347
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
(3,704)
4,663
Trade creditors
23,653
33
Taxes and social security
121,917
78,074
Other creditors
4,405
-
Loans from directors
(151,254)
(158,144)
Accruals
860
11,509
(4,123)
(63,865)
7
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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