Registered Number:06042626 |
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2023
Insightcube Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Insightcube Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
16
21
16
21
Trade and other receivables |
3,356
13
2
98,284
Cash and cash equivalents |
86,507
86,520
101,640
Trade and other payables: amounts falling due within one |
year |
(64,341)
(61,947)
3
37,299
24,573
Net current assets
Total assets less current liabilities |
24,589
37,320
24,589
Net assets
37,320
1
1
24,588
37,319
24,589
37,320
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 14 April 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 November 2023
Insightcube Limited
Notes to the Financial Statements
Statutory Information
Insightcube Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06042626. |
62 Hillier Road
London
SW11 6AU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. It also contributes to the Director's personal pension scheme as part of the Director's overall remuneration package. Contributions are charged to the profit and loss account in the period in which they are payable. |
2. Trade and other receivables |
2022
2023
-
3,356
Taxation and social security |
13
-
3,356
13
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For the year ended 30 November 2023
Insightcube Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
416
3,123
Accruals and deferred income |
595
595
936
623
60,000
60,000
61,947
64,341
4. Related party transactions |
Loans from Stonecube Limited, a company in which the director had a controlling interest, subsisted during the |
current and previous year. The loans are interest-free and repayable on demand. |
The amount oustanding at the balance sheet date was £60,000 (2022: £60,000). |
5. Average number of persons employed |
During the year the average number of employees, including directors who received no remuneration, was 2 (2022 : 3) |
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