Company Registration No. 6411119 (England and Wales)
DM Insight Limited
Unaudited accounts
for the year ended 31 December 2023
DM Insight Limited
Unaudited accounts
Contents
DM Insight Limited
Company Information
for the year ended 31 December 2023
Company Number
6411119 (England and Wales)
Registered Office
54 Greenleaf Road
London
E17 6QN
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
DM Insight Limited
for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DM Insight Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants
15 January 2024
DM Insight Limited
Statement of financial position
as at 31 December 2023
Intangible assets
20,000
20,000
Tangible assets
1,994
1,447
Cash at bank and in hand
44,744
46,391
Creditors: amounts falling due within one year
(38,503)
(35,698)
Net current assets
21,470
21,953
Called up share capital
3
3
Profit and loss account
88,814
88,397
Shareholders' funds
88,817
88,400
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 February 2024 and were signed on its behalf by
S McCoy
Director
Company Registration No. 6411119
DM Insight Limited
Notes to the Accounts
for the year ended 31 December 2023
DM Insight Limited is a private company, limited by shares, registered in England and Wales, registration number 6411119. The registered office is 54 Greenleaf Road, London, E17 6QN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% written down value
Intangible fixed assets are included at cost.
4
Intangible fixed assets
Other
At 31 December 2023
20,000
At 31 December 2023
20,000
At 31 December 2022
20,000
DM Insight Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Computer equipment
6
Investments
Other investments
Valuation at 1 January 2023
45,000
Valuation at 31 December 2023
45,353
Amounts falling due within one year
Trade debtors
14,460
9,195
Accrued income and prepayments
769
769
8
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
23,815
24,239
Loans from directors
2,547
2,885
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).