Innoverv Global Solutions Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 14770866

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		23,697		12,015
Investments	5		14,952		14,952

			38,649		26,967
CURRENT ASSETS
Debtors		3,236,010		1,134,255
Cash at bank and in hand		5,508,570		557,834

		8,744,580		1,692,089
Creditors: Amounts Falling Due Within One Year		(3,409,772 )		(451,740 )

NET CURRENT ASSETS (LIABILITIES)			5,334,808		1,240,349

TOTAL ASSETS LESS CURRENT LIABILITIES			5,373,457		1,267,316

Creditors: Amounts Falling Due After More Than One Year			-		(160,000 )

NET ASSETS			5,373,457		1,107,316

CAPITAL AND RESERVES
Called up share capital	6		948,750		596,000
Share premium account			50,000		-
Profit and Loss Account			4,374,707		511,316

SHAREHOLDERS' FUNDS			5,373,457		1,107,316

Page 1

Page 2

Innoverv Global Solutions Ltd

Abridged Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Partha Chakraborty

Director

24 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Innoverv Global Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14770866 . The registered office is 2 Kingdom Street, 6th Floor, Suite 657 Paddington, London, W2 6BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax.

Turnover from the rendering of services is recognised as services are provided based on invoiced time.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% on Reducing Balance Basis

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Innoverv Global Solutions Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 5)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	16,020
Additions	17,626

As at 31 March 2025	33,646

Depreciation
As at 1 April 2024	4,005
Provided during the period	5,944

As at 31 March 2025	9,949

Net Book Value
As at 31 March 2025	23,697

As at 1 April 2024	12,015

5. Investments

	Total
	£
Cost or Valuation
As at 1 April 2024	14,952

As at 31 March 2025	14,952

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	14,952

As at 1 April 2024	14,952

Page 4

Page 5

Innoverv Global Solutions Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

The company owns 99.9% of the issued share capital of Innoverv Global Solutions Private Limited, a company incorporated and operating in India and whose principal activity is that of providing IT solutions and consultancy.

At the year end dates, the aggregate of the share capital and reserves and profit/(loss) for the year of Innoverv Global Solutions Private Limited were as follows:

Profit for the year was £200,793. 2024 (£38,353).

Capital and reserves were £248,621. 2024 (£52,817).

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	948,750	596,000

7. Ultimate Controlling Party

The company's ultimate controlling party is Mr Partha Chakraborty by virtue of his ownership of the majority of the issued share capital in the company.

Page 5