REGISTERED NUMBER: 12581897 (England and Wales)

INTELSTRUCTIVE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M M U Khan

A W E Coates

REGISTERED OFFICE:

923 Finchley Road

Golders Green

London

NW11 7PE

REGISTERED NUMBER:

12581897 (England and Wales)

ACCOUNTANTS:

JKA Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Intangible assets

4

118,667

138,445

Tangible assets

5

6,967

9,290

Investments

6

1,042,564

1,042,564

Investment property

7

1,900,000

2,200,000

3,068,198

3,390,299

CURRENT ASSETS

Debtors

115,294

115,294

Cash at bank and in hand

13,080

17,127

128,374

132,421

CREDITORS

Amounts falling due within one year

1,104,297

1,107,922

NET CURRENT LIABILITIES

(975,923

)

(975,501

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,092,275

2,414,798

CREDITORS

Amounts falling due after more than one year

1,447,092

1,447,090

NET ASSETS

645,183

967,708

CAPITAL AND RESERVES

Called up share capital

8

100

100

Non distributable reserve

1,289,698

1,289,698

Retained earnings

(644,615

)

(322,090

)

SHAREHOLDERS' FUNDS

645,183

967,708

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

M M U Khan - Director

1.	STATUTORY INFORMATION

Intelstructive Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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

-

Straight line over 4 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, 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. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Going concern

The financial statements have been prepared on a going concern basis as the company has secured bank funding for the development project it is engaged in.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2024

and 31 May 2025

197,779

AMORTISATION

At 1 June 2024

59,334

Amortisation for year

19,778

At 31 May 2025

79,112

NET BOOK VALUE

At 31 May 2025

118,667

At 31 May 2024

138,445

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2024

and 31 May 2025

21,401

DEPRECIATION

At 1 June 2024

12,111

Charge for year

2,323

At 31 May 2025

14,434

NET BOOK VALUE

At 31 May 2025

6,967

At 31 May 2024

9,290

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 June 2024

and 31 May 2025

1,042,564

NET BOOK VALUE

At 31 May 2025

1,042,564

At 31 May 2024

1,042,564

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

2,200,000

Impairments

(300,000

)

At 31 May 2025

1,900,000

NET BOOK VALUE

At 31 May 2025

1,900,000

At 31 May 2024

2,200,000

Investment Property is shown at most recent fair valuation as carried out by the Directors.

Any impairment in value is shown in the profit & loss account.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1.00

100

100

9.	NON DISTRIBUTABLE RESERVES

This represents a gain on the fair value adjustment of the Investment Property amounting to £1,289,698 and is a non-distributable gain under FRS 102.