REGISTERED NUMBER: 06839842 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

INNOVORSA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B C Ho

Y F Lim

L I C L Ng

REGISTERED OFFICE:

75 Ermine Way

Arrington

Royston

Hertfordshire

SG8 0AG

REGISTERED NUMBER:

06839842 (England and Wales)

FIXED ASSETS

Tangible assets

5

2,386

3,475

CURRENT ASSETS

Debtors

6

880,617

484,143

Cash and cash equivalents

554,162

25,250

1,434,779

509,393

CREDITORS

Amounts falling due within one year

7

(1,436,972

)

(512,803

)

NET CURRENT LIABILITIES

(2,193

)

(3,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

193

65

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

190

62

SHAREHOLDERS' FUNDS

193

65

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by:

L I C L Ng - Director

1.	STATUTORY INFORMATION

Innovorsa 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The company derives income from the supply of consultancy services net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on cost

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

15,326

20,752

36,078

DEPRECIATION

At 1 April 2024

13,486

19,117

32,603

Charge for year

368

721

1,089

At 31 March 2025

13,854

19,838

33,692

NET BOOK VALUE

At 31 March 2025

1,472

914

2,386

At 31 March 2024

1,840

1,635

3,475

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

466,914

265,512

Other debtors

413,703

218,631

880,617

484,143

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

388

67,599

Taxation and social security

20,491

30,221

Other creditors

1,416,093

414,983

1,436,972

512,803

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A Class

£1

1

1

1

Ordinary B Class

£1

1

1

1

Ordinary C Class

£1

1

1

3

3

9.	RELATED PARTY DISCLOSURES

At the balance sheet date Innovorsa Limited was owed £365,743 (2024: £218,629) from companies that are owned and controlled by the directors family members. This balance is disclosed within other debtors due in less than one year.

At the balance sheet date Innovorsa Limited owed £301,506 (2024: £220,006) to companies that are owned and controlled by the directors family members. This balance is disclosed within creditors due in less than one year.

At the balance sheet date the director was owed £1,072,053 (2024: £190,616). The amount is repayable on demand, bears no interest and is disclosed within other creditors.

During the year the company was charged £60,000 (2024: £80,000) for director related services. At the balance sheet date the amount is outstanding and forms part of the other creditors due in less than one year balance.