Inghams Tax and Accounting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09597881 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Inghams Tax and Accounting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms E Joyce

SECRETARY:

DJ Ingham

REGISTERED OFFICE:

Suite 1, 31 Sheephouse

Farnham

Surrey

GU9 8LR

REGISTERED NUMBER:

09597881 (England and Wales)

ACCOUNTANTS:

Inghams Tax & Accounting Limited

Suite 1

31 Sheephouse

Farnham

Surrey

GU9 8LR

FIXED ASSETS

Tangible assets

4

3,072

5,010

CURRENT ASSETS

Debtors

5

38,728

26,753

Cash at bank

50,245

63,943

88,973

90,696

CREDITORS

Amounts falling due within one year

6

19,767

21,760

NET CURRENT ASSETS

69,206

68,936

TOTAL ASSETS LESS CURRENT
LIABILITIES

72,278

73,946

PROVISIONS FOR LIABILITIES

614

1,052

NET ASSETS

71,664

72,894

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

71,564

72,794

SHAREHOLDERS' FUNDS

71,664

72,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 November 2025 and were signed by:

Ms E Joyce - Director

1.	STATUTORY INFORMATION

Inghams Tax and Accounting 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.

Revenue recognition

Turnover is measured at fair value and comprises income derived from the ordinary activities of the business during the year excluding vat. The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price) less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Financial instruments

Basic financial instruments are recognised at amortised cost, with any changes in fair value being recognised in the profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

10,100

Disposals

(2,325

)

At 30 September 2025

7,775

DEPRECIATION

At 1 October 2024

5,090

Charge for year

1,938

Eliminated on disposal

(2,325

)

At 30 September 2025

4,703

NET BOOK VALUE

At 30 September 2025

3,072

At 30 September 2024

5,010

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

28,109

15,175

Other debtors

10,619

11,578

38,728

26,753

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Taxation and social security

19,767

21,719

Other creditors

-

41

19,767

21,760

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

Ms E Joyce

Balance outstanding at start of year

7,498

-

Amounts advanced

9,631

7,498

Amounts repaid

(7,498

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

9,631

7,498

The directors loan was repaid in full on 20 October 2025.