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Registered number: 15594782
Inheritec Limited
Financial Statements
For The Year Ended 31 March 2026
Inheritec Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Inheritec Limited
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: 15594782

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 375,083 |  | 182,680
Tangible Assets | 5 |  | 22,363 |  | 3,317
Investments | 6 |  | 1 |  | -
|  |  | 397,447 |  | 185,997
CURRENT ASSETS
Debtors | 7 | 338,048 |  | 39,656 |
Cash at bank and in hand |  | 1,571,548 |  | 169,459 |
|  | 1,909,596 |  | 209,115 |
Creditors: Amounts Falling Due Within One Year | 8 | (2,125,457 ) |  | (629,580 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (215,861 ) |  | (420,465 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 181,586 |  | (234,468 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,829 ) |  | -
NET ASSETS/(LIABILITIES) |  |  | 178,757 |  | (234,468 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1 |  | 1
Profit and Loss Account |  |  | 178,756 |  | (234,469 )
SHAREHOLDERS' FUNDS |  |  | 178,757 |  | (234,468)

Page 1
Page 2
Inheritec Limited
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 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.
On behalf of the board

Mr B Cane Director | Mr D Cane Director | Mr S Simpson Director
04/06/2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Inheritec Limited
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Inheritec Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15594782 . The registered office is Appointment House, Philip Ford Way, Wymondham, NR18 9AQ.
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 from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include a database. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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:

Motor Vehicles | 25% reducing balance
Computer Equipment | 25% straight line

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Inheritec Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
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.
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.
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Page 5
Inheritec Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2025: 1)
12 1
4. Intangible Assets

| Other
--- | ---
| £
Cost
As at 1 April 2025 | 185,680
Additions | 266,228
As at 31 March 2026 | 451,908
Amortisation
As at 1 April 2025 | 3,000
Provided during the period | 61,837
Impairment losses | 11,988
As at 31 March 2026 | 76,825
Net Book Value
As at 31 March 2026 | 375,083
As at 1 April 2025 | 182,680

5. Tangible Assets

| Motor Vehicles | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 April 2025 | - | 3,629 | 3,629
Additions | 11,750 | 10,281 | 22,031
As at 31 March 2026 | 11,750 | 13,910 | 25,660
Depreciation
As at 1 April 2025 | - | 312 | 312
Provided during the period | 740 | 2,245 | 2,985
As at 31 March 2026 | 740 | 2,557 | 3,297
Net Book Value
As at 31 March 2026 | 11,010 | 11,353 | 22,363
As at 1 April 2025 | - | 3,317 | 3,317

Page 5
Page 6
Inheritec Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
6. Investments

| Subsidiaries
--- | ---
| £
Cost or Valuation
As at 1 April 2025 | -
Additions | 1
As at 31 March 2026 | 1
Provision
As at 1 April 2025 | -
As at 31 March 2026 | -
Net Book Value
As at 31 March 2026 | 1
As at 1 April 2025 | -

7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 720 |  | 4,410
Amounts owed by group undertakings | 72,684 |  | -
Other debtors | 264,644 |  | 35,246
| 338,048 |  | 39,656

8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 117,511 |  | 172,203
Bank loans and overdrafts | 11,010 |  | -
Amounts owed to group undertakings | 277,097 |  | 74,031
Other creditors | 1,610,221 |  | 379,795
Taxation and social security | 109,618 |  | 3,551
| 2,125,457 |  | 629,580

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 6
Page 7
Inheritec Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
10. Related Party Transactions
Included within debtors is £72,684 (2025:Nil) owed from a group company.
Included within creditors are loans owed to the directors of £11,978 (2025: £11,978).
Included within creditors is £277,097 (2025: £74,031) owed to a group company.
All of the loans above are unsecured, interest free and repayable on demand.
Included within creditors is £81,390 (2025: NIl) owed to an associated company. The loan is unsecured and interest is charged at a market rate.
11. Ultimate Controlling Party
The company's ultimate controlling party is Asset Buccaneer Limited by virtue of its ownership of 90% of the issued share capital in the company.
Page 7