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Registered Number: 10058511
England & Northern Ireland

 

 

 

INNOVATIVE ACCOUNTS LTD



Abridged Accounts
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
INNOVATIVE ACCOUNTS LTD
31 March 2025



....................................................

INNOVATIVE ACCOUNTS LTD

25 Cabot Square
London
E14 4QA
11 December 2025
1
 
 
Notes
 
2025
£
  2024
£
Current assets      
Debtors 17,649    1,490 
Cash at bank and in hand (6,340)   (3,370)
11,309    (1,880)
Creditors: amount falling due within one year (9,218)   (4,886)
Net current assets 2,091    (6,766)
 
Total assets less current liabilities 2,091    (6,766)
Net assets 2,091    (6,766)
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 1,991    (6,866)
Shareholders' funds 2,091    (6,766)
 


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

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 11 December 2025 and were signed by:


-------------------------------
Erika Simona Mocuta
Director
2
General Information
INNOVATIVE ACCOUNTS LTD is a private company, limited by shares, registered in England & Northern Ireland, registration number 10058511, registration address 25 Cabot Square, London, Essex, E14 4QA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
2.

Staff Costs

2025
£
  2024
£
Wages and salaries 52,812    38,800 
Social security costs 1,556    646 
Other staff costs 1,167    5,614 
55,535    45,060 

3.

Average number of employees

Average number of employees during the year was 4 (2024 : 3).
4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
100 Class A shares of £1.00 each 100    100 
100    100 

3