1 January 2023 false No description of principal activity Taxfiler 2023.10 6411119business:PrivateLimitedCompanyLtd2023-01-012023-12-31 64111192022-12-31 64111192023-01-012023-12-31 6411119business:AuditExemptWithAccountantsReport2023-01-012023-12-31 6411119business:FilletedAccounts2023-01-012023-12-31 64111192023-12-31 6411119business:Director12023-01-012023-12-31 6411119business:RegisteredOffice2023-01-012023-12-31 64111192022-12-31 6411119core:WithinOneYear2023-12-31 6411119core:WithinOneYear2022-12-31 6411119core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 6411119core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 6411119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 6411119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 6411119core:PreviouslyStatedAmount2023-12-31 6411119core:PreviouslyStatedAmount2022-12-31 6411119business:SmallEntities2023-01-012023-12-31 6411119countries:EnglandWales2023-01-012023-12-31 6411119core:ComputerEquipment2023-01-012023-12-31 6411119core:IntangibleAssetsOtherThanGoodwill2022-12-31 6411119core:IntangibleAssetsOtherThanGoodwill2023-12-31 6411119core:ComputerEquipment2022-12-31 6411119core:ComputerEquipment2023-12-31 6411119core:AdditionsToInvestments2023-12-31 6411119core:DisposalsRepaymentsInvestments2023-12-31 64111192022-01-012022-12-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
DM Insight Limited Company Information for the year ended 31 December 2023
Director
S McCoy
Company Number
6411119 (England and Wales)
Registered Office
54 Greenleaf Road London E17 6QN
- 3 -
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
- 4 -
DM Insight Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,000 
20,000 
Tangible assets
1,994 
1,447 
Investments
45,353 
45,000 
67,347 
66,447 
Current assets
Debtors
15,229 
11,260 
Cash at bank and in hand
44,744 
46,391 
59,973 
57,651 
Creditors: amounts falling due within one year
(38,503)
(35,698)
Net current assets
21,470 
21,953 
Net assets
88,817 
88,400 
Capital and reserves
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
- 5 -
DM Insight Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets are included at cost.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
20,000 
At 31 December 2023
20,000 
Amortisation
At 1 January 2023
- 
At 31 December 2023
- 
Net book value
At 31 December 2023
20,000 
At 31 December 2022
20,000 
- 6 -
DM Insight Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
8,716 
Additions
1,211 
At 31 December 2023
9,927 
Depreciation
At 1 January 2023
7,269 
Charge for the year
664 
At 31 December 2023
7,933 
Net book value
At 31 December 2023
1,994 
At 31 December 2022
1,447 
6
Investments
Other investments 
£ 
Valuation at 1 January 2023
45,000 
Additions
12,000 
Disposals
(11,647)
Valuation at 31 December 2023
45,353 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,460 
9,195 
Accrued income and prepayments
769 
769 
Other debtors
- 
1,296 
15,229 
11,260 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,142 
11,241 
Taxes and social security
23,815 
24,239 
Other creditors
(1)
- 
Loans from directors
2,547 
2,885 
Accruals
- 
(2,667)
38,503 
35,698 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -