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Company Registration No. 12858251 (England and Wales)
Innovate Works Ltd Unaudited accounts for the year ended 30 September 2025
Innovate Works Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Innovate Works Ltd Company Information for the year ended 30 September 2025
Director
Sheila Ready
Company Number
12858251 (England and Wales)
Registered Office
Flat 41 Elm Quay Court 30 Nine Elms Lane London London SW8 5DF England
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Innovate Works Ltd Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,353
-
Current assets
Debtors
5
-
4,715
Cash at bank and in hand
71,620
12,002
71,620
16,717
Creditors: amounts falling due within one year
6
(20,824)
(16,660)
Net current assets
50,796
57
Net assets
52,149
57
Capital and reserves
Share premium
2
2
Profit and loss account
52,147
55
Shareholders' funds
52,149
57
For the year ending 30 September 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 June 2026 and were signed on its behalf by
Sheila Ready Director Company Registration No. 12858251
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Innovate Works Ltd Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Innovate Works Ltd is a private company, limited by shares, registered in England and Wales, registration number 12858251. The registered office is Flat 41, Elm Quay Court, 30 Nine Elms Lane, London, London, SW8 5DF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
-
-
-
Additions
755
1,049
1,804
At 30 September 2025
755
1,049
1,804
Depreciation
Charge for the year
262
189
451
At 30 September 2025
262
189
451
Net book value
At 30 September 2025
493
860
1,353
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
2,195
Other debtors
-
2,520
-
4,715
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Innovate Works Ltd Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
16,471
767
Loans from directors
2,953
4,372
Accruals
1,400
11,521
20,824
16,660
7
Transactions with related parties
At the year end the company owed a director £2,953 (2024: £4,372). The balance is unsecured, interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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