INOLTRA LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

INOLTRA LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10553653 . The registered office is Tog - One, Canada Square, London, E14 5AA.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is recognised to the extent that it is probable that the economic benefit will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Where payments are received from customers in advance of the goods being provided, these payments are accounted for as deferred income and included within creditors.

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.

2.4. 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:

Leasehold	10 Years
Fixtures & Fittings	4 Years
Computer Equipment	4 Years

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Cash and cash equivalents comprise cash at bank and in hand. Cash and cash equivalents are initially recognised at transaction price and subsequently measured at amortised cost where applicable.

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INOLTRA LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. 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.

2.8. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense in the period in which the employees render their services.

The company operates a defined contribution pension scheme. Contributions payable are charged to profit or loss in the period to which they relate.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2025: 14)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	26,045	6,994	8,716	41,755
Additions	-	1,390	2,629	4,019

As at 31 January 2026	26,045	8,384	11,345	45,774

Depreciation
As at 1 February 2025	12,154	5,776	5,186	23,116
Provided during the period	2,605	861	2,355	5,821

As at 31 January 2026	14,759	6,637	7,541	28,937

...CONTINUED

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INOLTRA LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	11,286	1,747	3,804	16,837

As at 1 February 2025	13,891	1,218	3,530	18,639

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	190,553	156,512
Other debtors	669,983	418,964

	860,536	575,476

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	224,160	187,362
Other creditors	2,484	1,662
Taxation and social security	264,942	138,262

	491,586	327,286

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 February 2025	814	814
Deferred taxation	3,395	3,395

Balance at 31 January 2026	4,209	4,209

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Controlling Party Not Known

The controlling parties are Mr E Wilkinson, Mr S Kyriacou and Mr R Gridley by virtue of their ownership of 100% of the issued share capital.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,837		18,639

			16,837		18,639
CURRENT ASSETS
Debtors	5	860,536		575,476
Cash at bank and in hand		89,036		170,900

		949,572		746,376
Creditors: Amounts Falling Due Within One Year	6	(491,586 )		(327,286 )

NET CURRENT ASSETS (LIABILITIES)			457,986		419,090

TOTAL ASSETS LESS CURRENT LIABILITIES			474,823		437,729

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,209 )		(814 )

NET ASSETS			470,614		436,915

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			470,514		436,815

SHAREHOLDERS' FUNDS			470,614		436,915