REGISTERED NUMBER: 01265893 (England and Wales)

INCLYNE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

346,211

65,893

CURRENT ASSETS

Cash at bank

27,010

11,389

CREDITORS

Amounts falling due within one year

5

13,697

11,161

NET CURRENT ASSETS

13,313

228

TOTAL ASSETS LESS CURRENT LIABILITIES

359,524

66,121

CREDITORS

Amounts falling due after more than one year

6

(247,800

)

(37,800

)

ACCRUALS AND DEFERRED INCOME

(3,761

)

(3,895

)

NET ASSETS

107,963

24,426

CAPITAL AND RESERVES

Called up share capital

3

3

Other reserves

75,608

-

Retained earnings

32,352

24,423

SHAREHOLDERS' FUNDS

107,963

24,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2026 and were signed on its behalf by:

Mrs J M Howell - Director

1.	STATUTORY INFORMATION

Inclyne Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01265893

Registered office:

16 Marine Walk

Maritime Quarter

Swansea

West Glamorgan

SA1 1YQ

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land & Buildings

-

2% on cost

Improvements to property

-

Straight line over 6 years

Office equipment

-

20% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Land &

Short

to

Office

Buildings

leasehold

property

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2025

59,392

1,612

19,578

1,381

81,963

Additions

211,086

-

-

-

211,086

Revaluations

75,608

-

-

-

75,608

At 31 March 2026

346,086

1,612

19,578

1,381

368,657

DEPRECIATION

At 1 April 2025

4,533

-

10,638

899

16,070

Charge for year

5,942

-

315

119

6,376

At 31 March 2026

10,475

-

10,953

1,018

22,446

NET BOOK VALUE

At 31 March 2026

335,611

1,612

8,625

363

346,211

At 31 March 2025

54,859

1,612

8,940

482

65,893

Included in cost or valuation of land and buildings is freehold land of £ 49,000 (2025 - £ 49,000 ) which is not depreciated.

In the opinion of the directors, the value of land and buildings would be £135,000. A revaluation reserve is therefor created of £75,608 to account for the increase in market value. Additions during this year are already included at market value

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

3,590

2,848

Other creditors

10,107

8,313

13,697

11,161

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

247,800

37,800

7.	RELATED PARTY DISCLOSURES

Monies were owed to the directors at the year end amounting to £256,763 (2025 £451,52] this figure being included in creditors payable in under one year of £8,963(2025 £7,352) and over one year of £247,800 (2025 £37,800).

The company is under the control of its directors who hold 100% of the issued share capital.