Innov8ive (UK) Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of Innov8ive (UK) Ltd for the year ended 28 February 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Innov8ive (UK) Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Innov8ive (UK) Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Innov8ive (UK) Ltd and state those matters that we have agreed to state to the director of Innov8ive (UK) Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Innov8ive (UK) Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Innov8ive (UK) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Innov8ive (UK) Ltd . You consider that Innov8ive (UK) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Innov8ive (UK) Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

12/11/2025

BAYAR HUGHES & CO LIMITED

Chartered Certified Accountants & Registered Auditors

4 Green Lane Business Park

New Eltham

238 Green Lane

London

SE9 3TL

Page 1

Page 2

Innov8ive (UK) Ltd

Balance Sheet

As At 28 February 2025

Balance Sheet

Registered number: 06108219

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		132,218		135,518

			132,218		135,518
CURRENT ASSETS
Stocks		27,146		32,520
Debtors	5	211,835		356,354
Cash at bank and in hand		180,488		52,064

		419,469		440,938
Creditors: Amounts Falling Due Within One Year	6	(147,554 )		(132,362 )

NET CURRENT ASSETS (LIABILITIES)			271,915		308,576

TOTAL ASSETS LESS CURRENT LIABILITIES			404,133		444,094

Creditors: Amounts Falling Due After More Than One Year	7		(55,865 )		(89,906 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(33,055 )		(25,677 )

NET ASSETS			315,213		328,511

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			315,113		328,411

SHAREHOLDERS' FUNDS			315,213		328,511

Page 2

Page 3

Innov8ive (UK) Ltd

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr D Jarvis

Director

12/11/2025

The notes on pages 4 to 6 form part of these financial statements.

Page 3

Page 4

Innov8ive (UK) Ltd

Notes to the Financial Statements

For The Year Ended 28 February 2025

Notes to the Financial Statements

1. General Information

Innov8ive (UK) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06108219 . The registered office is 4 Green Lane Business Park, 238 Green Lane, New Eltham, London, SE9 3TL.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off cach asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.5. Stocks and Work in Progress

Work in progress is valued at the lower of cost and net realisable valuc.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

...CONTINUED

Page 4

Page 5

Innov8ive (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

2.6. Taxation - continued

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 year 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.

2.7. Pensions

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.8.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 8)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 March 2024	32,005	245,273	277,278
Additions	1,908	38,872	40,780
Disposals	-	(31,518 )	(31,518 )

As at 28 February 2025	33,913	252,627	286,540

Depreciation
As at 1 March 2024	19,044	122,716	141,760
Provided during the period	2,974	40,108	43,082
Disposals	-	(30,520 )	(30,520 )

As at 28 February 2025	22,018	132,304	154,322

Net Book Value
As at 28 February 2025	11,895	120,323	132,218

As at 1 March 2024	12,961	122,557	135,518

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	85,782	114,377

Page 5

Page 6

Innov8ive (UK) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	120,524	149,465
Other debtors	91,311	206,889

	211,835	356,354

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	24,182	27,201
Trade creditors	18,322	7,409
Bank loans and overdrafts	10,418	10,161
Other creditors	37,259	49,530
Taxation and social security	57,373	38,061

	147,554	132,362

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	52,331	75,954
Bank loans	3,534	13,952

	55,865	89,906

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	125,655	121,499

10. Ultimate Controlling Party

In the opinion of the director, Mr & Mrs Jarvis who together own 90% of the shares, are the company's ultimate controllers.

Page 6