Incidental Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 16499178 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 5TH JUNE 2025 TO 31ST JANUARY 2026

FOR

INCIDENTAL GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J O'Connor

S J Pearey

REGISTERED OFFICE:

Sinclair Court Darrell Street

Brunswick Village

Newcastle Upon Tyne

Tyne and Wear

NE13 7DS

REGISTERED NUMBER:

16499178 (England and Wales)

ACCOUNTANTS:

Stafford Accountancy

The Yard Suite 2.2

Gill Bridge Avenue

Sunderland

Tyne and Wear

SR1 3AW

FIXED ASSETS

Investments

4

10

Investment property

5

834,778

834,788

CURRENT ASSETS

Debtors

6

1,060

Cash at bank and in hand

1,274

2,334

CREDITORS

Amounts falling due within one year

7

283,958

NET CURRENT LIABILITIES

(281,624

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

553,164

CREDITORS

Amounts falling due after more than one
year

8

558,341

NET LIABILITIES

(5,177

)

CAPITAL AND RESERVES

Called up share capital

10

12

Retained earnings

(5,189

)

SHAREHOLDERS' FUNDS

(5,177

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st January 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 22nd October 2026 and were signed on its behalf by:

C J O'Connor - Director

1.	STATUTORY INFORMATION

Incidental Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Incidental Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax, for the rental of rooms in commercial and residential properties.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

10

At 31st January 2026

10

NET BOOK VALUE

At 31st January 2026

10

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

834,778

At 31st January 2026

834,778

NET BOOK VALUE

At 31st January 2026

834,778

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

VAT

107

Prepayments

953

1,060

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

26,081

Trade creditors

255

Amounts owed to group undertakings

203,975

Tax

308

Directors' current accounts

50,000

Accrued expenses

3,339

283,958

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

£

Bank loans - 1-2 years

27,602

Bank loans - 2-5 years

92,848

Bank loans more 5 yr by instal

437,891

558,341

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

437,891

9.	SECURED DEBTS

The mortgage is secured on the property to which it relates.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

12

Ordinary

£1

12

12 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.