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REGISTERED NUMBER: 13318636 (England and Wales)















Financial Statements For The Period 1 May 2022 to 31 October 2023

for

Insky Holdings Ltd

Insky Holdings Ltd (Registered number: 13318636)






Contents of the Financial Statements
For The Period 1 May 2022 to 31 October 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3


Insky Holdings Ltd

Company Information
For The Period 1 May 2022 to 31 October 2023







DIRECTOR: M J Bending





REGISTERED OFFICE: 71-75 Shelton Street
London
Greater London
United Kingdom
WC2H 9JQ





REGISTERED NUMBER: 13318636 (England and Wales)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Insky Holdings Ltd (Registered number: 13318636)

Abridged Statement of Financial Position
31 October 2023

2023 2022
£    £   
CURRENT ASSETS
Stocks 7,780 8,080
Cash at bank 661 93
8,441 8,173
CREDITORS
Amounts falling due within one year 13,973 12,554
NET CURRENT LIABILITIES (5,532 ) (4,381 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,532

)

(4,381

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (5,533 ) (4,382 )
(5,532 ) (4,381 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the period ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





M J Bending - Director


Insky Holdings Ltd (Registered number: 13318636)

Notes to the Financial Statements
For The Period 1 May 2022 to 31 October 2023

1. STATUTORY INFORMATION

Insky Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company reports net liabilities on its balance sheet as at the year end date and as such the director has considered the appropriateness of the going concern basis for preparing these accounts. The company relies on support from the director's loan in order that it can meet its day to day obligations. He does not foresee that this facility will be withdrawn and as such, is of the view that it is appropriate to prepare these accounts on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Insky Holdings Ltd (Registered number: 13318636)

Notes to the Financial Statements - continued
For The Period 1 May 2022 to 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .