Ineqe Group Limited 30/09/2025 iXBRL

Company registration number: NI606984

Ineqe Group Limited

Unaudited filleted financial statements

30 September 2025

Ineqe Group Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Ineqe Group Limited

Directors and other information


	Directors	Mr James Gamble
		Mr William Woodside


	Secretary	William Woodside


	Company number	NI606984


	Registered office	3 Lower Crescent
		Belfast
		BT7 1NR


	Business address	Ocean House
		13 Edgewater Road
		Belfast
		BT3 9JQ


	Accountant	SWM Accountancy Services Ltd
		9 Upper Crescent
		Belfast
		Antrim
		BT7 1NT




	Bankers	HSBC
		25-29 Royal Avenue
		Belfast
		BT1 1FB

Ineqe Group Limited

Statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	452,236		540,120
Investments	6	240		240
		_______		_______
			452,476		540,360

Current assets
Debtors	7	285,183		320,358
Cash at bank and in hand		40,925		15,524
		_______		_______
		326,108		335,882
Creditors: amounts falling due
within one year	8	( 191,847)		( 326,978)
		_______		_______
Net current assets			134,261		8,904
			_______		_______
Total assets less current liabilities			586,737		549,264

Creditors: amounts falling due
after more than one year	9		( 163,231)		( 197,778)
			_______		_______
Net assets			423,506		351,486
			_______		_______

Capital and reserves
Called up share capital			111		111
Reserve for own shares			9		9
Profit and loss account			423,386		351,366
			_______		_______
Shareholders funds			423,506		351,486
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 June 2026 , and are signed on behalf of the board by:

Mr William Woodside

Director

Company registration number: NI606984

Ineqe Group Limited

Notes to the financial statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 3 Lower Crescent, Belfast, BT7 1NR.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	2 %	straight line
Computer equipment	-	33 %	straight line
Furniture and fixtures	-	20 %	straight line
Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 32 (2024: 38 ).

5. Tangible assets

	Long leasehold property	Computer equipment	Furniture and fixtures	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 October 2024	209,870	274,172	152,305	407,144	1,043,491
Additions	-	4,342	2,720	-	7,062
	_______	_______	_______	_______	_______
At 30 September 2025	209,870	278,514	155,025	407,144	1,050,553
	_______	_______	_______	_______	_______
Depreciation
At 1 October 2024	-	243,873	113,320	146,178	503,371
Charge for the year	-	23,760	18,993	52,193	94,946
	_______	_______	_______	_______	_______
At 30 September 2025	-	267,633	132,313	198,371	598,317
	_______	_______	_______	_______	_______
Carrying amount
At 30 September 2025	209,870	10,881	22,712	208,773	452,236
	_______	_______	_______	_______	_______
At 30 September 2024	209,870	30,299	38,985	260,966	540,120
	_______	_______	_______	_______	_______

6. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 October 2024 and 30 September 2025	240	240
	_______	_______
Impairment
At 1 October 2024 and 30 September 2025	-	-
	_______	_______
Carrying amount
At 30 September 2025	240	240
	_______	_______
At 30 September 2024	240	240
	_______	_______

The company has availed of the exemption under the Companies Act 2006 for small companies from the requirement to prepare group accounts. Neither of the two subsidiary undertakings, Safe and Secure Schools and Colleges Limited and Safe and Secure Technical Solutions Limited traded during the period and are still dormant. Both are incorporated in Northern Ireland with an issued share capital of 120 £1 ordinary shares and are wholly owned.

7. Debtors

	2025	2024
	£	£
Trade debtors	100,781	133,535
Other debtors	184,402	186,823
	_______	_______
	285,183	320,358
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	14,362	12,068
Trade creditors	41,810	65,784
Social security and other taxes	80,418	191,852
Other creditors	55,257	57,274
	_______	_______
	191,847	326,978
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	163,231	197,778
	_______	_______

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr James Gamble	28,337	7,104	( 1,775)	33,666
	Mr William Woodside	30,576	7,103	( 1,776)	35,903
		_______	_______	_______	_______
		58,913	14,207	( 3,551)	69,569
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr James Gamble	26,562	1,775	-	28,337
	Mr William Woodside	28,800	1,776	-	30,576
		_______	_______	_______	_______
		55,362	3,551	-	58,913
		_______	_______	_______	_______