INIAM Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04844995

INIAM Ltd

Filleted Unaudited Financial Statements

31 July 2025

INIAM Ltd

Financial Statements

Year ended 31 July 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

INIAM Ltd

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		335,004	335,005

Current assets

Debtors	5	342,620	342,615
Cash at bank and in hand		15,241	6,796
		---------	---------
		357,861	349,411

Creditors: amounts falling due within one year	6	628,320		723,212
		---------		---------
Net current liabilities			270,459	373,801
			---------	---------
Total assets less current liabilities			64,545	( 38,796)

Creditors: amounts falling due after more than one year	7	97,850	–
		--------	--------
Net liabilities		( 33,305)	( 38,796)
		--------	--------

INIAM Ltd

Statement of Financial Position (continued)

31 July 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	8	300	300
Revaluation reserve		27,254	27,254
Profit and loss account		( 60,859)	( 66,350)
		--------	--------
Shareholders deficit		( 33,305)	( 38,796)
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 November 2025 , and are signed on behalf of the board by:

C Oscroft Director

Company registration number: 04844995

INIAM Ltd

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Church Green East, Redditch, Worcestershire, B98 8BT. The place of business is The Grange, Exhall, Alcester, Warwickshire, B49 6EA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. The company is a going concern with the support of the director and his family.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating lease rental income

The operating lease rental income shown in the profit and loss account represents rents receivable for the year and is recognised when the rent receivable becomes due.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	25% reducing balance

Investment property

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investment motor vehicles

Investment motor vehicles are revalued to their fair value at each reporting date and any changes in fair value are recognised in profit or loss. The director who is not a professionally qualified valuer, has considered the value of similar motor vehicles to ascertain the fair value of the investment motor vehicles.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Tangible assets

	Investment property	Fixtures and fittings	Investment motor vehicles	Total
	£	£	£	£
Cost or valuation
At 1 August 2024 and 31 July 2025	310,000	1,023	25,000	336,023
	---------	-------	--------	---------
Depreciation
At 1 August 2024	–	1,018	–	1,018
Charge for the year	–	1	–	1
	---------	-------	--------	---------
At 31 July 2025	–	1,019	–	1,019
	---------	-------	--------	---------
Carrying amount
At 31 July 2025	310,000	4	25,000	335,004
	---------	-------	--------	---------
At 31 July 2024	310,000	5	25,000	335,005
	---------	-------	--------	---------

The investment property is included at open market valuation. The valuation was carried out by the director. Investment motor vehicles have been valued at the balance sheet date by the director

5. Debtors

	2025	2024
	£	£
Other debtors	342,620	342,615
	---------	---------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	–	2,184
	----	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	91,176
Trade creditors	102	2,197
Social security and other taxes	1,288	1,411
Other creditors	626,930	628,428
	---------	---------
	628,320	723,212
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	97,850	–
	--------	----

The bank loans of £97,850 are secured by a legal charge over the properties held by the company.

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	300	300	300	300
	----	----	----	----