Investacc Group Limited in Carlisle, CA2 7AF

Description

Data updated on: 01-11-2023

Started with Reg No. 07124618 fourteen years ago, Investacc Group Limited was set up as a Private Limited Company. The company's latest registration address is Minerva House, Port Road Business Park Carlisle. This business's SIC code is 66190 - Activities auxiliary to financial intermediation n.e.c.. 2022-10-31 is the last time the accounts were reported.

The firm owes its achievements and constant improvement to a team of four directors, namely Nigel B., Nicholas G., Julia B. and Gary M., who have been running the firm for eight years. To support the directors in their duties, this specific firm has been utilizing the skillset of Julia B. as a secretary since January 2010.

Executives who control the firm include: Anne-Marie G. has 1/2 or less of voting rights. Nicholas G. has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-10-31	2023-10-31
Currency

Balance Sheet
Cash Bank On Hand	1 202 185	1 192 812
Current Assets	1 482 185	1 617 812
Debtors	280 000	425 000
Net Assets Liabilities	6 953 873	8 214 302
Other Debtors	14 823	143 684

Other Financial Data
Audit Fees Expenses	17 685	18 385
Accrued Liabilities Deferred Income	52 741	55 703
Accumulated Depreciation Impairment Property Plant Equipment	100 797	171 088
Additional Provisions Increase From New Provisions Recognised		707
Additions Other Than Through Business Combinations Property Plant Equipment		145 500
Administration Support Average Number Employees	85	95
Administrative Expenses	4 008 688	5 141 316
Amortisation Government Grants	-2 500
Amounts Owed By Associates Joint Ventures Participating Interests	280 000	425 000
Amounts Owed To Associates Joint Ventures Participating Interests	727	727
Applicable Tax Rate	19	23
Average Number Employees During Period	90	100
Cash Cash Equivalents Cash Flow Value	6 668 034	7 833 266
Comprehensive Income Expense	1 585 401	1 130 583
Corporation Tax Payable	96 267	51 742
Cost Sales	1 204 893	996 693
Creditors	24	3 068
Current Tax For Period	482 621	652 307
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		6 973
Deferred Tax Liabilities		6 973
Depreciation Expense Property Plant Equipment	69 281	74 225
Depreciation Rate Used For Property Plant Equipment		25
Disposals Decrease In Depreciation Impairment Property Plant Equipment		84 099
Disposals Property Plant Equipment		113 361
Dividends Paid	1 025 880	998 000
Dividends Paid Classified As Financing Activities	1 025 880	998 000
Dividends Paid On Shares	1 025 880	998 000
Finance Lease Liabilities Present Value Total	7 000	7 000
Finance Lease Payments Owing Minimum Gross	7 000	7 000
Fixed Assets	72 223	72 223
Future Minimum Lease Payments Under Non-cancellable Operating Leases	256 417	22 000
Gain Loss In Cash Flows From Change In Accrued Items	-569	2 962
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	50 862	-21 442
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-138 500	-225 005
Gain Loss In Cash Flows From Change In Provisions	311	30
Gain Loss On Disposals Property Plant Equipment	20 008	16 968
Government Grant Income	2 500
Gross Profit Loss	6 663 218	7 928 168
Income Expense Recognised Directly In Equity	-1 025 880	-998 000
Income From Other Fixed Asset Investments	249 685
Income Taxes Paid Refund Classified As Operating Activities	453 624	475 238
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 261 631	1 165 232
Increase Decrease In Current Tax From Adjustment For Prior Periods	-138
Increase Decrease In Existing Provisions		-677
Increase Decrease In Net Debt From Cash Flows		-1 168 732
Increase From Depreciation Charge For Year Property Plant Equipment		50 368
Intangible Assets	1	1
Intangible Assets Gross Cost		1
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	876	876
Interest Income On Cash Cash Equivalents	2 117	116 674
Interest Paid Classified As Operating Activities	876	1 033
Interest Payable Similar Charges Finance Costs	876	1 033
Interest Received Classified As Operating Activities	2 459	131 890
Investments	72 222	72 222
Investments Fixed Assets	72 222	72 222
Investments In Group Undertakings	72 222	72 222
Net Cash Flows From Used In Financing Activities	-1 026 880	-1 001 500
Net Cash Flows From Used In Investing Activities	128 889	-89 541
Net Cash Flows From Used In Operating Activities	2 159 622	2 256 273
Net Cash Generated From Operations	2 611 663	2 600 654
Net Current Assets Liabilities	1 482 161	1 614 744
Net Debt Funds	-6 656 807	-7 825 539
Net Deferred Tax Liability Asset		6 973
Number Shares Issued Fully Paid	100	100
Operating Profit Loss	2 657 030	2 786 852
Other Creditors	134 494	92 924
Other Finance Costs		157
Other Finance Income	342	15 216
Other Interest Receivable Similar Income Finance Income	2 459	131 890
Other Investments Other Than Loans	33 855	8 250
Other Operating Income Format1	2 500
Other Taxation Social Security Payable	24	3 068
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities	3 500	3 500
Pension Costs Defined Contribution Plan	63 135	302 041
Pension Other Post-employment Benefit Costs Other Pension Costs	126 127	747 053
Prepayments Accrued Income	55 183	73 847
Proceeds From Government Grants Classified As Financing Activities	2 500
Proceeds From Sales Property Plant Equipment	22 719	77 300
Profit Loss	1 585 401	1 130 583
Profit Loss On Ordinary Activities Before Tax	2 908 298	2 917 709
Property Plant Equipment Gross Cost	273 957	181 417
Provisions	1 831	1 861
Provisions For Liabilities Balance Sheet Subtotal	1 831	8 834
Purchase Financial Investments Other Than Trading Investments	20 550	8 250
Purchase Property Plant Equipment	140 705	160 548
Revenue From Commissions		1 239 755
Revenue From Rendering Services	7 868 111	7 685 106
Social Security Costs	250 221	263 152
Staff Costs Employee Benefits Expense	2 843 478	3 802 334
Tax Decrease From Utilisation Tax Losses	30
Tax Decrease Increase From Effect Revenue Exempt From Taxation	47 440
Tax Expense Credit Applicable Tax Rate	552 576	656 981
Tax Increase Decrease From Effect Capital Allowances Depreciation	-22 547	-4 793
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	62	119
Tax Tax Credit On Profit Or Loss On Ordinary Activities	482 483	659 280
Total Assets Less Current Liabilities	1 554 384	1 686 967
Total Current Tax Expense Credit	482 483	652 307
Total Operating Lease Payments	113 267	112 822
Trade Creditors Trade Payables	27 463	30 854
Trade Debtors Trade Receivables	293 074	225 554
Turnover Revenue	7 868 111	8 924 861
Wages Salaries	2 467 130	2 792 129
Company Contributions To Money Purchase Plans Directors	1 895	3 012
Director Remuneration	83 307	87 963
Director Remuneration Benefits Excluding Payments To Third Parties	85 202	354 719
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2