REGISTERED NUMBER: 10658546 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

Inclusion Independence Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Pountney

REGISTERED OFFICE:

22 Woodfield Avenue

Wollascote

Stourbridge

West Midlands

DY9 9DP

REGISTERED NUMBER:

10658546 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

239,474

221,626

CURRENT ASSETS

Debtors

182,876

132,274

Cash at bank and in hand

289

64,058

183,165

196,332

CREDITORS

Amounts falling due within one year

139,567

84,002

NET CURRENT ASSETS

43,598

112,330

TOTAL ASSETS LESS CURRENT LIABILITIES

283,072

333,956

CREDITORS

Amounts falling due after more than one year

5

(219,841

)

(260,295

)

PROVISIONS FOR LIABILITIES

(13,685

)

(9,224

)

NET ASSETS

49,546

64,437

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

49,446

64,337

SHAREHOLDERS' FUNDS

49,546

64,437

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

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

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23rd December 2025 and were signed by:

A J Pountney - Director

1.	STATUTORY INFORMATION

Inclusion Independence 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.

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.

Freehold property

-

not provided

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

GOVERNMENT GRANTS

Income from Government grants is recognised in the profit and loss within the same period to which the related expenses is incurred.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

242,739

Additions

26,241

At 31st March 2025

268,980

DEPRECIATION

At 1st April 2024

21,113

Charge for year

8,393

At 31st March 2025

29,506

NET BOOK VALUE

At 31st March 2025

239,474

At 31st March 2024

221,626

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

90,440

105,111

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

238,553

274,218

Hire purchase contracts

32,507

23,080

271,060

297,298

The bank loans are secured by fixed and floating charges over the properties and other assets of the company.

The hire purchase is secured against the fixed asset item to which it relates.