INNOVADENT LTD

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

Registered number: 10288391

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,859		6,201

			17,859		6,201
CURRENT ASSETS
Debtors	5	30,735		24,621
Cash at bank and in hand		6,583		13,965

		37,318		38,586
Creditors: Amounts Falling Due Within One Year	6	(581,123 )		(561,678 )

NET CURRENT ASSETS (LIABILITIES)			(543,805 )		(523,092 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(525,946 )		(516,891 )

NET LIABILITIES			(525,946 )		(516,891 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(526,046 )		(516,991 )

SHAREHOLDERS' FUNDS			(525,946)		(516,891)

For the year ending 31 July 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 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 Toms Baritis Director	Dr Syed Jafri Director
10/06/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

INNOVADENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10288391 . The registered office is 87 Chancery Lane, Third Floor, A&T, London, WC2A 1ET.

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 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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	25% SLM
Plant & Machinery	20%SLM

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 4)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 August 2024	107,441	8,380	115,821
Additions	-	16,194	16,194

As at 31 July 2025	107,441	24,574	132,015

...CONTINUED

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INNOVADENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

Depreciation
As at 1 August 2024	102,916	6,704	109,620
Provided during the period	1,888	2,648	4,536

As at 31 July 2025	104,804	9,352	114,156

Net Book Value
As at 31 July 2025	2,637	15,222	17,859

As at 1 August 2024	4,525	1,676	6,201

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,735	4,621
Rent Deposit Receivable	20,000	20,000

	30,735	24,621

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,586	745
Bank loans and overdrafts	40,271	43,002
Other taxes and social security	1,757	1,389
VAT	29,913	29,913
Net wages	11,052	7,262
Pension Payable	521	523
Directors' loan accounts	35,678	35,678
Amounts owed to associates	445,345	443,166

	581,123	561,678

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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