Company Registration No. 11629838 (England and Wales)
Inglemere Rd Ltd
Unaudited financial statements
for the period ended 28 February 2026
Pages for filing with the registrar
Inglemere Rd Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Inglemere Rd Ltd
Statement of financial position
As at 28 February 2026
1
28 February 2026
31 October 2024
Notes
£
£
£
£
Current assets
Debtors
3
1
1,289,190
Creditors: amounts falling due within one year
4
-
0
(4,080)
Net current assets
1
1,285,110
Capital and reserves
Called up share capital
5
1
698,333
Profit and loss reserves
-
0
586,777
Total equity
1
1,285,110

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial period ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 27 May 2026 and are signed on its behalf by:
A M Nadeem
Director
Company Registration No. 11629838
Inglemere Rd Ltd
Notes to the financial statements
For the period ended 28 February 2026
2
1
Accounting policies
Company information

Inglemere Rd Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 7 Bell Yard, London, WC2A 2JR.

1.1
Reporting period

The company extended the year end from 31 October 2025 to 28 February 2026 meaning these financial statements cover a 16 month period. The comparative period is 12 months.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention on a non going concern basis.

1.3
Going concern

The directors intend to apply for the company to be struck off the register following the cessation of trading. Accordingly, the financial statements are not prepared on a going concern basis.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Inglemere Rd Ltd
Notes to the financial statements (continued)
For the period ended 28 February 2026
1
Accounting policies (continued)
3
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2026
2024
Number
Number
Total
2
2
3
Debtors
2026
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1
1,289,190
4
Creditors: amounts falling due within one year
2026
2024
£
£
Other creditors
-
0
4,080
Inglemere Rd Ltd
Notes to the financial statements (continued)
For the period ended 28 February 2026
4
5
Called up share capital
Reconciliation of movements during the period:
Ordinary shares
Number
At 1 November 2024
698,333
Reduction in share capital
(698,332)
At 28 February 2026
1

During the period, the company completed a reduction of its issued share capital, resulting in share capital being reduced from £698,333 to £1.

The reduction was undertaken in accordance with the Companies Act 2006 and resulted in the creation of distributable reserves to enable a dividend to be declared. At the balance sheet date, the issued share capital of the company was £1.

 

6
Parent company

The ultimate controlling party is Trojan RE1 Ltd (Jersey).

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