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REGISTERED NUMBER: 10200728 (England and Wales)















Insentrauk Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Insentrauk Ltd (Registered number: 10200728)

Contents of the Financial Statements
for the year ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Insentrauk Ltd

Company Information
for the year ended 30 June 2024







Directors: S J Altit
A Altit





Secretary: A Altit





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 10200728 (England and Wales)





Accountants: Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Insentrauk Ltd (Registered number: 10200728)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 5,813 8,152

Current assets
Debtors 5 1,100,472 1,597,146
Cash at bank 120,578 216,626
1,221,050 1,813,772
Creditors
Amounts falling due within one year 6 1,084,988 938,493
Net current assets 136,062 875,279
Total assets less current liabilities 141,875 883,431

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 141,775 883,331
Shareholders' funds 141,875 883,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





S J Altit - Director


Insentrauk Ltd (Registered number: 10200728)

Notes to the Financial Statements
for the year ended 30 June 2024


1. Statutory information

Insentrauk 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.

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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 21 (2023 - 23 ) .

Insentrauk Ltd (Registered number: 10200728)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 July 2023 976 14,886 15,862
Additions - 1,601 1,601
At 30 June 2024 976 16,487 17,463
Depreciation
At 1 July 2023 732 6,978 7,710
Charge for year 244 3,696 3,940
At 30 June 2024 976 10,674 11,650
Net book value
At 30 June 2024 - 5,813 5,813
At 30 June 2023 244 7,908 8,152

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 555,609 331,707
Other debtors 544,863 1,265,439
1,100,472 1,597,146

6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 124,765 123,978
Amounts owed to group undertakings 53,582 1,098
Taxation and social security 234,878 369,635
Other creditors 671,763 443,782
1,084,988 938,493

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

8. Reserves
Retained
earnings
£

At 1 July 2023 883,331
Deficit for the year (1,556 )
Dividends (740,000 )
At 30 June 2024 141,775

Insentrauk Ltd (Registered number: 10200728)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


9. Related party disclosures

During the year, sales of £706,076 (2023:£698,836) were invoiced to it's parent company. At the balance sheet date, £350,873 (2023:£1,051,166) was owed by the parent company.

Within other creditors is £1,706 (2023 - £1,706) owed to the company director.

10. Ultimate parent company

The company's ultimate parent undertaking at the end of the reporting period was Insentra Holdings Pty Ltd, a company incorporated in Australia.