Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-011truetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Artist and painters1 04312299 2022-11-01 2023-10-31 04312299 2021-11-01 2022-10-31 04312299 2023-10-31 04312299 2022-10-31 04312299 c:Director1 2022-11-01 2023-10-31 04312299 d:CurrentFinancialInstruments 2023-10-31 04312299 d:CurrentFinancialInstruments 2022-10-31 04312299 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04312299 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 04312299 d:ShareCapital 2023-10-31 04312299 d:ShareCapital 2022-10-31 04312299 d:RetainedEarningsAccumulatedLosses 2023-10-31 04312299 d:RetainedEarningsAccumulatedLosses 2022-10-31 04312299 c:OrdinaryShareClass1 2022-11-01 2023-10-31 04312299 c:OrdinaryShareClass1 2023-10-31 04312299 c:OrdinaryShareClass1 2022-10-31 04312299 c:FRS102 2022-11-01 2023-10-31 04312299 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 04312299 c:FullAccounts 2022-11-01 2023-10-31 04312299 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 04312299 2 2022-11-01 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04312299














INSANE ICON LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

 
INSANE ICON LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 4


 
INSANE ICON LIMITED
REGISTERED NUMBER:04312299

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
113
366

Cash at bank and in hand
  
68,346
74,710

  
68,459
75,076

Creditors: amounts falling due within one year
 5 
(15,368)
(15,249)

Net current assets
  
 
 
53,091
 
 
59,827

Total assets less current liabilities
  
53,091
59,827

  

Net assets
  
53,091
59,827


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
53,090
59,826

  
53,091
59,827


Page 1

 
INSANE ICON LIMITED
REGISTERED NUMBER:04312299
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D Inshaw
Director

Date: 25 July 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
INSANE ICON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The company's legal form is that of a limited company incorporated in the United Kingdom. The Company's registered office 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company continued to be that of artists and painters.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Creditors

Short term creditors are measured at the transaction price. 

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Other debtors
113
366


Page 3

 
INSANE ICON LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
13,808
13,809

Accruals and deferred income
1,560
1,440

15,368
15,249



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1


 
Page 4