Inventabrand Consulting Limited - Accounts to registrar (filleted) - small 18.2

Unaudited Financial Statements

for the Period 1 August 2020 to 31 December 2021

for

Inventabrand Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Monk

Mrs S Monk

SECRETARY:

Mrs S Monk

REGISTERED OFFICE:

Bridge House

2 Bridge Avenue

Maidenhead

Berkshire

SL6 1RR

REGISTERED NUMBER:

07215710 (England and Wales)

ACCOUNTANTS:

Peter Upton

Bridge House

2 Bridge Avenue

Maidenhead

Berkshire

SL6 1RR

FIXED ASSETS

Tangible assets

4

-

3,178

CURRENT ASSETS

Debtors

5

-

82,203

Cash at bank

144,376

140,607

144,376

222,810

CREDITORS

Amounts falling due within one year

6

144,276

134,825

NET CURRENT ASSETS

100

87,985

TOTAL ASSETS LESS CURRENT LIABILITIES

100

91,163

PROVISIONS FOR LIABILITIES

-

604

NET ASSETS

100

90,559

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

-

90,459

SHAREHOLDERS' FUNDS

100

90,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 17 March 2022 and were signed on its behalf by:

P Monk - Director

1.	STATUTORY INFORMATION

Inventabrand Consulting 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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 3 (2020 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office &

and

sundry

fittings

equipment

Totals

£

£

£

COST

At 1 August 2020

and 31 December 2021

2,643

8,374

11,017

DEPRECIATION

At 1 August 2020

2,169

5,670

7,839

Charge for period

474

2,704

3,178

At 31 December 2021

2,643

8,374

11,017

NET BOOK VALUE

At 31 December 2021

-

-

-

At 31 July 2020

474

2,704

3,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.7.20

£

£

Trade debtors

-

81,780

Other debtors

-

423

-

82,203

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.7.20

£

£

Trade creditors

-

20,679

Tax

138,063

47,600

Social security and other taxes

-

195

VAT

-

37,905

Directors' current accounts

6,213

28,446

144,276

134,825

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.21

31.7.20

value:

£

£

85,000

Ordinary

.01

85

85

15,000

Ordinary

.01

15

15

100

100

8.

RESERVES

Retained

earnings

£

At 1 August 2020

90,459

Profit for the period

586,010

Dividends

(676,469

)

At 31 December 2021

-