ACCOUNTS - Final Accounts

Registered number: 08048522

INQUIZITION LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2026

INQUIZITION LTD

REGISTERED NUMBER: 08048522

BALANCE SHEET

AS AT 30 APRIL 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		4,925		6,115
Current assets
Debtors: amounts falling due within one year	5	49,455		50,021
Cash at bank and in hand		37,931		25,092
		87,386		75,113
Creditors: amounts falling due within one year	6	(91,939)		(79,072)
Net current liabilities			(4,553)		(3,959)
Total assets less current liabilities			372		2,156

Net assets			372		2,156

Capital and reserves
Called up share capital	10	10
Profit and loss account	362	2,146
	372	2,156

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 October 2026.

A R Douglas

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

INQUIZITION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

1.	General information

Inquizition Ltd is a private company limited by shares and registered in England. The address of the registered office is Regina House, 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment and furniture

20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Creditors

Short term creditors are measured at the transaction price.

Page 2

INQUIZITION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

2.Accounting policies (continued)

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.9

Taxation

Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

Page 3

INQUIZITION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 May 2025	30,169
	Additions	1,194
	At 30 April 2026	31,363
	Depreciation
	At 1 May 2025	24,054
	Charge for the year on owned assets	2,384
	At 30 April 2026	26,438
	Net book value
	At 30 April 2026	4,925
	At 30 April 2025	6,115

Debtors

					2026	2025
					£	£


Other debtors	16,229	2,538
Prepayments and accrued income	33,226	47,483
	49,455	50,021

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	51,650	45,222
Other taxation and social security	25,289	23,850
Accruals and deferred income	15,000	10,000
	91,939	79,072

Page 4

INQUIZITION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

7.	Related party transactions
	At the balance sheet date, the company was owed £16,229 from Mr A R Douglas (2025: £2,538). Interest amounting to £nil (2025: £nil) was charged on the loan during the year.

Page 5