Company No: 03934411 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	John Hopkins
	Marion Jane Hopkins

SECRETARY

Marion Jane Hopkins

REGISTERED OFFICE	The Elms
	Oxford Road Chieveley
	Newbury
	RG20 8RT
	United Kingdom

COMPANY NUMBER

03934411 (England and Wales)

ACCOUNTANT	Martin and Company Accountants Limited
	25 St Thomas Street
	Winchester
	SO23 9HJ

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	959		1,047
		959		1,047
Current assets
Debtors	4	1,733,616		1,752,414
Cash at bank and in hand		179,703		254,571
		1,913,319		2,006,985
Creditors: amounts falling due within one year	5	( 85,958)		( 77,927)
Net current assets		1,827,361		1,929,058
Total assets less current liabilities		1,828,320		1,930,105
Net assets		1,828,320		1,930,105
Capital and reserves
Called-up share capital	6	1,000		1,000
Profit and loss account		1,827,320		1,929,105
Total shareholders' funds		1,828,320		1,930,105

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Innovant Research Limited (registered number: 03934411) were approved and authorised for issue by the Board of Directors on 19 November 2025. They were signed on its behalf by:

John Hopkins Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Innovant Research Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Elms, Oxford Road Chieveley, Newbury, RG20 8RT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Taxation for the year 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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.	33 % reducing balance
	5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	5,948		5,948
Additions	637		637
Disposals	( 99)		( 99)
At 31 March 2025	6,486		6,486
Accumulated depreciation
At 01 April 2024	4,901		4,901
Charge for the financial year	725		725
Disposals	( 99)		( 99)
At 31 March 2025	5,527		5,527
Net book value
At 31 March 2025	959		959
At 31 March 2024	1,047		1,047

4. Debtors

	2025		2024
	£		£
Trade debtors	42,515		61,208
Other debtors	1,691,101		1,691,206
	1,733,616		1,752,414

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	83,763		75,723
Other creditors	2,195		2,204
	85,958		77,927

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000