| REGISTERED NUMBER: |
| Inkwrx Ltd |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| Inkwrx Ltd |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| Inkwrx Ltd (Registered number: 10884497) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Inkwrx Ltd |
| Company Information |
| for the year ended 31 March 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Inkwrx Ltd (Registered number: 10884497) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Current assets |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| Inkwrx Ltd (Registered number: 10884497) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | Statutory information |
| Inkwrx Ltd is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Revenue is recognised on the accruals basis. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Intellectual property is being amortised evenly over its estimated useful life of 10 years. |
| Patents and licenses are being amortised evenly over their estimated useful life of 10 years. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Going concern |
| The Directors have reviewed the the cash flow and projected income and expenses over the next twelve months and deemed that the Company has adequate financial resources to meet its obligations as the shareholders have given an undertaking that they will meet any shortfall for at least twelve months after the date of approval of these financial statements. Accordingly, the Directors prepared these financial statements on a going concern basis. |
| Financial instruments |
| Financial instruments comprise cash, various investments traded on open markets, and working capital, i.e. the trade debtors and the trade creditors that arise during the course of the day to day business. This can result in a liquidity risk and market risk. The liquidity risk is controlled by maintaining a healthy balance between debtors and creditors. The debtor risk is controlled through a stringent credit control policy and regular monitoring of any outstanding amounts for both time and credit limits. Trade creditor liquidity risks are managed by ensuring that sufficient funds are available to meet amounts as and when they fall due and in accordance with agreed payment terms. Market risk is controlled via a diversification of investments held. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2024 - NIL). |
| Inkwrx Ltd (Registered number: 10884497) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 4. | Intangible fixed assets |
| Patents and | Intellectual |
| licences | property | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2024 |
| and 31 March 2025 |
| Amortisation |
| At 1 April 2024 |
| Amortisation for year |
| At 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 7. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| 8. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| 9. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2024 | ( |
) |
| Profit for the year |
| At 31 March 2025 | ( |
) |