Company Registration No. 11003853 (England and Wales)
VIDETTE INSIGHT LTD
Unaudited accounts
for the year ended 31 October 2023
VIDETTE INSIGHT LTD
Unaudited accounts
Contents
VIDETTE INSIGHT LTD
Company Information
for the year ended 31 October 2023
Directors
Saad Naja
Fadi Naja
Company Number
11003853 (England and Wales)
Registered Office
46 LANDMANN POINT
6 PEARTREE WAY
LONDON
SE10 0GW
ENGLAND
Accountants
CheapAccounting.co.uk
Trading name of Evolve Accountancy
Solutions Ltd.
45 Daltons Fen, Pitsea, Basildon
Essex
SS13 1JE
VIDETTE INSIGHT LTD
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
18,212
43,418
Creditors: amounts falling due within one year
(4,382)
(8,524)
Net current assets
50,058
70,448
Total assets less current liabilities
50,058
70,448
Creditors: amounts falling due after more than one year
(35,845)
(37,763)
Called up share capital
100
100
Profit and loss account
14,113
32,585
Shareholders' funds
14,213
32,685
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Saad Naja
Director
Company Registration No. 11003853
VIDETTE INSIGHT LTD
Notes to the Accounts
for the year ended 31 October 2023
VIDETTE INSIGHT LTD is a private company, limited by shares, registered in England and Wales, registration number 11003853. The registered office is 46 LANDMANN POINT, 6 PEARTREE WAY , LONDON, SE10 0GW, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
3 Years straight line
Computer equipment
3 Years straight line
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.
VIDETTE INSIGHT LTD
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
4,704
5,784
10,488
At 31 October 2023
4,704
5,784
10,488
At 1 November 2022
4,704
5,784
10,488
At 31 October 2023
4,704
5,784
10,488
Amounts falling due within one year
Trade debtors
30,240
30,240
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(5,821)
(5,603)
Loans from directors
10,203
14,127
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).