Invicta Business Mentors Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05471070

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

FOR

INVICTA BUSINESS MENTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M S Moloney

Mrs H A Moloney

REGISTERED OFFICE:

Rivendell

19 Fawkham Avenue

Longfield

Kent

DA3 7HS

REGISTERED NUMBER:

05471070

CURRENT ASSETS

Debtors

4

22,568

30,905

Cash at bank

809

-

23,377

30,905

CREDITORS

Amounts falling due within one year

5

24,542

35,600

NET CURRENT LIABILITIES

(1,165

)

(4,695

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,165

)

(4,695

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(2,165

)

(5,695

)

SHAREHOLDERS' FUNDS

(1,165

)

(4,695

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 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 29 March 2022 and were signed on its behalf by:

M S Moloney - Director

1.	STATUTORY INFORMATION

Invicta Business Mentors Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the total value of sales earned during the year.The company is not registered for value added tax.

Taxation

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.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Trade debtors

2,001

2,483

Other debtors

20,567

28,422

22,568

30,905

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Bank loans and overdrafts

-

4,304

Trade creditors

559

7,397

Taxation and social security

828

374

Other creditors

23,155

23,525

24,542

35,600

6.	RELATED PARTY DISCLOSURES

At 30 June 2021 Kitchen to Table Limited, a business under the ultimate control of the directors of the company, owed the company £16,963 (2020 - £24,823 owed by the company).

At 30 June 2021 Rivendell Business Services Limited, a business under the control of the directors of the company, was owed £646 by the company (2020 - £646).

7.	ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their shareholdings in the company.