INCOTES LIMITED

INCOTES LIMITED

INCOTES LIMITED - Company Information

Print Friendly Version

INCOTES LIMITED

Company Registration Number:
00831444 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

INCOTES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

INCOTES LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 1,486 1,257
Total fixed assets: 1,486 1,257
Current assets
Stocks: 100 100
Debtors: 4 46,424 39,899
Cash at bank and in hand: 629,223 543,841
Total current assets: 675,747 583,840
Creditors: amounts falling due within one year: 5 (387,356) (264,188)
Net current assets (liabilities): 288,391 319,652
Total assets less current liabilities: 289,877 320,909
Total net assets (liabilities): 289,877 320,909
Capital and reserves
Called up share capital: 26,250 26,250
Other reserves: 73,750 73,750
Profit and loss account: 189,877 220,909
Shareholders funds: 289,877 320,909

The notes form part of these financial statements

INCOTES LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2022
and signed on behalf of the board by:

Name: Colin Gregory
Status: Director

The notes form part of these financial statements

INCOTES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INCOTES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 4 5

INCOTES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 18,474
Additions 799
At 31 December 2021 19,273
Depreciation
At 01 January 2021 17,217
Charge for year 570
At 31 December 2021 17,787
Net book value
At 31 December 2021 1,486
At 31 December 2020 1,257

INCOTES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Debtors

Trade Debtors £8,502, Other Debtors £1,344, Value Added Tax £36,578

INCOTES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Creditors: amounts falling due within one year note

Trade Creditors £370,114Corporation Tax £6,485Other Taxation and Social Security £7,546Other Creditors £3,211