INSIGHTWAVE LIMITED

Company Registration Number:
10934809 (England and Wales)

Unaudited abridged accounts for the year ended 17 March 2023

Period of accounts

Start date: 01 July 2022

End date: 17 March 2023

INSIGHTWAVE LIMITED

Contents of the Financial Statements

for the Period Ended 17 March 2023

Balance sheet
Notes

INSIGHTWAVE LIMITED

Balance sheet

As at 17 March 2023


Notes

9 months to 17 March 2023

2022


£

£
Fixed assets
Intangible assets: 3 0 496,219
Tangible assets: 4 8,242 219,712
Total fixed assets: 8,242 715,931
Current assets
Stocks: 120,477 117,829
Debtors:   47,046 224,975
Cash at bank and in hand:   10,913
Total current assets: 167,523 353,717
Creditors: amounts falling due within one year:   (172,885) (296,572)
Net current assets (liabilities): (5,362) 57,145
Total assets less current liabilities: 2,880 773,076
Creditors: amounts falling due after more than one year:     (538,270)
Provision for liabilities:   (6,297)
Total net assets (liabilities): 2,880 228,509
Capital and reserves
Called up share capital: 100 100
Other reserves:   201,537
Profit and loss account: 2,780 26,872
Shareholders funds: 2,880 228,509

The notes form part of these financial statements

INSIGHTWAVE LIMITED

Balance sheet statements

For the year ending 17 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 August 2024
and signed on behalf of the board by:

Name: Daniel Lee
Status: Director

The notes form part of these financial statements

INSIGHTWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 17 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INSIGHTWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 17 March 2023

2. Employees

9 months to 17 March 2023 2022
Average number of employees during the period 6 10

INSIGHTWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 17 March 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 496,219
Revaluations (496,219)
At 17 March 2023 0
Net book value
At 17 March 2023 0
At 30 June 2022 496,219

INSIGHTWAVE LIMITED

Notes to the Financial Statements

for the Period Ended 17 March 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 259,549
Disposals (186,723)
At 17 March 2023 72,826
Depreciation
At 01 July 2022 39,837
Charge for year 3,505
Other adjustments 21,242
At 17 March 2023 64,584
Net book value
At 17 March 2023 8,242
At 30 June 2022 219,712