Silverfin false 31/12/2021 31/12/2021 01/02/2021 Ms L-A Johnstone 30/11/2017 21 July 2022 The principal activity of the Company during the financial period was that of publishing of consumer and business journals and periodicals. 11074279 2021-12-31 11074279 bus:Director1 2021-12-31 11074279 2021-01-31 11074279 core:CurrentFinancialInstruments 2021-12-31 11074279 core:CurrentFinancialInstruments 2021-01-31 11074279 core:Non-currentFinancialInstruments 2021-12-31 11074279 core:Non-currentFinancialInstruments 2021-01-31 11074279 core:ShareCapital 2021-12-31 11074279 core:ShareCapital 2021-01-31 11074279 core:RetainedEarningsAccumulatedLosses 2021-12-31 11074279 core:RetainedEarningsAccumulatedLosses 2021-01-31 11074279 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2021-01-31 11074279 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2021-12-31 11074279 core:OfficeEquipment 2021-01-31 11074279 core:OfficeEquipment 2021-12-31 11074279 2021-02-01 2021-12-31 11074279 bus:FullAccounts 2021-02-01 2021-12-31 11074279 bus:SmallEntities 2021-02-01 2021-12-31 11074279 bus:AuditExemptWithAccountantsReport 2021-02-01 2021-12-31 11074279 bus:PrivateLimitedCompanyLtd 2021-02-01 2021-12-31 11074279 bus:Director1 2021-02-01 2021-12-31 11074279 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill core:TopRangeValue 2021-02-01 2021-12-31 11074279 core:OfficeEquipment core:TopRangeValue 2021-02-01 2021-12-31 11074279 2020-02-01 2021-01-31 11074279 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2021-02-01 2021-12-31 11074279 core:OfficeEquipment 2021-02-01 2021-12-31 11074279 core:Non-currentFinancialInstruments 2021-02-01 2021-12-31 iso4217:GBP xbrli:pure

Company No: 11074279 (England and Wales)

AFFILIATE INSIDER LIMITED

Unaudited Financial Statements
For the financial period from 01 February 2021 to 31 December 2021
Pages for filing with the registrar

AFFILIATE INSIDER LIMITED

Unaudited Financial Statements

For the financial period from 01 February 2021 to 31 December 2021

Contents

AFFILIATE INSIDER LIMITED

COMPANY INFORMATION

For the financial period from 01 February 2021 to 31 December 2021
AFFILIATE INSIDER LIMITED

COMPANY INFORMATION (continued)

For the financial period from 01 February 2021 to 31 December 2021
DIRECTOR Ms L-A Johnstone
REGISTERED OFFICE Unit 6c Affiliateinsider Limited Att: Lee-Ann Johnstone - Portland Marina Reception
Hamm Beach Road
Portland
DT5 1DX
England
United Kingdom
COMPANY NUMBER 11074279 (England and Wales)
CHARTERED ACCOUNTANTS Albert Goodman LLP
Leanne House
6 Avon Close
Weymouth
Dorset
DT4 9UX
AFFILIATE INSIDER LIMITED

BALANCE SHEET

As at 31 December 2021
AFFILIATE INSIDER LIMITED

BALANCE SHEET (continued)

As at 31 December 2021
Note 31.12.2021 31.01.2021
£ £
Fixed assets
Intangible assets 3 11,031 0
Tangible assets 4 836 0
11,867 0
Current assets
Debtors 5 48,749 9,964
Cash at bank and in hand 7,292 10,929
56,041 20,893
Creditors
Amounts falling due within one year 6 ( 22,365) ( 10,239)
Net current assets 33,676 10,654
Total assets less current liabilities 45,543 10,654
Creditors
Amounts falling due after more than one year 7 ( 38,149) 0
Net assets 7,394 10,654
Capital and reserves
Called-up share capital 200 200
Profit and loss account 7,194 10,454
Total shareholder's funds 7,394 10,654

For the financial period ending 31 December 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Affiliate Insider Limited (registered number: 11074279) were approved and authorised for issue by the Director on 21 July 2022. They were signed on its behalf by:

Ms L-A Johnstone
Director
AFFILIATE INSIDER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 February 2021 to 31 December 2021
AFFILIATE INSIDER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 February 2021 to 31 December 2021
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Affiliate Insider Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 6c Affiliateinsider Limited Att: Lee-Ann Johnstone - Portland Marina Reception, Hamm Beach Road, Portland, DT5 1DX, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 4 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

Period from
01.02.2021 to
31.12.2021
Year ended
31.01.2021
Number Number
Monthly average number of persons employed by the Company during the period, including the director 2 2

3. Intangible assets

Website costs Total
£ £
Cost
At 01 February 2021 0 0
Additions 12,975 12,975
At 31 December 2021 12,975 12,975
Accumulated amortisation
At 01 February 2021 0 0
Charge for the financial period 1,944 1,944
At 31 December 2021 1,944 1,944
Net book value
At 31 December 2021 11,031 11,031
At 31 January 2021 0 0

4. Tangible assets

Office equipment Total
£ £
Cost
At 01 February 2021 1,166 1,166
Additions 1,125 1,125
At 31 December 2021 2,291 2,291
Accumulated depreciation
At 01 February 2021 1,166 1,166
Charge for the financial period 289 289
At 31 December 2021 1,455 1,455
Net book value
At 31 December 2021 836 836
At 31 January 2021 0 0

5. Debtors

31.12.2021 31.01.2021
£ £
Trade debtors 23,300 8,474
Corporation tax 941 0
Other debtors 24,508 1,490
48,749 9,964

6. Creditors: amounts falling due within one year

31.12.2021 31.01.2021
£ £
Bank loans 6,851 0
Trade creditors 11,658 6,289
Other creditors 3,856 3,009
Corporation tax 0 941
22,365 10,239

7. Creditors: amounts falling due after more than one year

31.12.2021 31.01.2021
£ £
Bank loans 38,149 0

There are no amounts included above in respect of which any security has been given by the small entity.

8. Related party transactions

At 1 February 2021, the balance owed by Ms L-A Johnstone was £nil. During the year, £13,604 was advanced and £617 was repaid by the Director. At 31 December 2021, the balance owed by the Director was £12,987.