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
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
iNet Capex Limited
Statement of financial position
as at 30 June 2026
Investment property
415,000
240,000
Cash at bank and in hand
12,504
11,136
Creditors: amounts falling due within one year
(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
(12,328)
(12,266)
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
iNet Capex Limited
Notes to the Accounts
for the year ended 30 June 2026
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 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.
Basic financial instruments are recognised at amortised cost.
Fair value at 1 July 2025
240,000
Net gain from fair value adjustments
18,213
Valuation of properties is based on director valuations.
iNet Capex Limited
Notes to the Accounts
for the year ended 30 June 2026
Amounts falling due within one year
Accrued income and prepayments
204
7,099
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
-
532
Other creditors
360,850
184,600
7
Deferred taxation
2026
2025
Revaluation of investment property
17,092
12,266
Tax losses carried forward
(4,764)
-
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).