1 July 2025 false No description of principal activity Taxfiler 2024.6 12666862 business:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 12666862 2025-06-30 12666862 2025-07-01 2026-06-30 12666862 business:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 12666862 business:FilletedAccounts 2025-07-01 2026-06-30 12666862 2026-06-30 12666862 business:Director1 2025-07-01 2026-06-30 12666862 business:RegisteredOffice 2025-07-01 2026-06-30 12666862 2025-06-30 12666862 core:WithinOneYear 2026-06-30 12666862 core:WithinOneYear 2025-06-30 12666862 core:ShareCapital core:PreviouslyStatedAmount 2026-06-30 12666862 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 12666862 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-06-30 12666862 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 12666862 core:PreviouslyStatedAmount 2026-06-30 12666862 core:PreviouslyStatedAmount 2025-06-30 12666862 business:SmallEntities 2025-07-01 2026-06-30 12666862 countries:EnglandWales 2025-07-01 2026-06-30 12666862 core:RevaluationInvestmentPropertyDeferredTax 2026-06-30 12666862 core:RevaluationInvestmentPropertyDeferredTax 2025-06-30 12666862 core:TaxLossesCarry-forwardsDeferredTax 2026-06-30 12666862 core:TaxLossesCarry-forwardsDeferredTax 2025-06-30 12666862 2024-06-30 12666862 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12666862 (England and Wales)
iNet Capex Limited Unaudited accounts for the year ended 30 June 2026
iNet Capex Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
iNet Capex Limited Company Information for the year ended 30 June 2026
Director
Daniel Ivan Sklan
Company Number
12666862 (England and Wales)
Registered Office
11 Easter Park Ferry Lane South Rainham RM13 9BP England
Accountants
Workabee Accountants Sharon Gillett BSc FCA 11 Chestnut Avenue Buckhurst Hill Essex IG9 6EN
- 3 -
iNet Capex Limited Statement of financial position as at 30 June 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
415,000
240,000
Current assets
Debtors
5
228
7,109
Cash at bank and in hand
12,504
11,136
12,732
18,245
Creditors: amounts falling due within one year
6
(362,153)
(185,342)
Net current liabilities
(349,421)
(167,097)
Total assets less current liabilities
65,579
72,903
Provisions for liabilities
Deferred tax
7
(12,328)
(12,266)
Net assets
53,251
60,637
Capital and reserves
Called up share capital
10
10
Profit and loss account
53,241
60,627
Shareholders' funds
53,251
60,637
For the year ending 30 June 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 director acknowledges his 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 16 July 2026 and were signed on its behalf by
Daniel Ivan Sklan Director Company Registration No. 12666862
- 4 -
iNet Capex Limited Notes to the Accounts for the year ended 30 June 2026
1
Statutory information
iNet Capex Limited is a private company, limited by shares, registered in England and Wales, registration number 12666862. The registered office is 11 Easter Park, Ferry Lane South, Rainham, RM13 9BP, 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.
Turnover
Turnover comprises of rental income and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Financial instruments
Basic financial instruments are recognised at amortised cost.
4
Investment property
2026
£
Fair value at 1 July 2025
240,000
Additions
156,787
Net gain from fair value adjustments
18,213
At 30 June 2026
415,000
Valuation of properties is based on director valuations.
- 5 -
iNet Capex Limited Notes to the Accounts for the year ended 30 June 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
204
7,099
Other debtors
24
10
228
7,109
6
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
-
532
Other creditors
360,850
184,600
Accruals
250
210
Deferred income
1,053
-
362,153
185,342
7
Deferred taxation
2026
2025
£
£
Revaluation of investment property
17,092
12,266
Tax losses carried forward
(4,764)
-
12,328
12,266
2026
2025
£
£
Provision at start of year
12,266
12,266
Charged to the profit and loss account
62
-
Provision at end of year
12,328
12,266
8
Transactions with related parties
As at 30 June 2026, £359,000 was owed to a related company (2024: £184,000). No interest is charged on money owed and the amounts are repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -