REGISTERED NUMBER: 04122954 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INCOGNITO ARTISTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G D Sewell

Ms S C Lanham

REGISTERED OFFICE:

Unit 5 55 Warren Street

London

W1T 5NW

REGISTERED NUMBER:

04122954 (England and Wales)

ACCOUNTANTS:

Panton Accountancy Services Limited

Studio I1C

Witan Studios

Witan Gate

Milton Keynes

Buckinghamshire

MK9 1EF

FIXED ASSETS

Tangible assets

4

26,400

32,880

CURRENT ASSETS

Debtors

5

178,981

156,703

Cash at bank

137,556

163,427

316,537

320,130

CREDITORS

Amounts falling due within one year

6

274,664

228,451

NET CURRENT ASSETS

41,873

91,679

TOTAL ASSETS LESS CURRENT LIABILITIES

68,273

124,559

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

68,173

124,459

SHAREHOLDERS' FUNDS

68,273

124,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

G D Sewell - Director

1.	STATUTORY INFORMATION

Incognito Artists 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

64,116

50,149

28,925

143,190

Additions

-

-

2,739

2,739

At 31 March 2025

64,116

50,149

31,664

145,929

DEPRECIATION

At 1 April 2024

60,957

20,428

28,925

110,310

Charge for year

1,048

7,486

685

9,219

At 31 March 2025

62,005

27,914

29,610

119,529

NET BOOK VALUE

At 31 March 2025

2,111

22,235

2,054

26,400

At 31 March 2024

3,159

29,721

-

32,880

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

178,981

156,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

13,300

9,922

Taxation and social security

21,633

32,131

Other creditors

239,731

186,398

274,664

228,451

7.	ULTIMATE CONTROLLING PARTY