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REGISTERED NUMBER: 08913458 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Insley Consultants Limited

Insley Consultants Limited (Registered number: 08913458)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Insley Consultants Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: R J Insley





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 08913458 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Insley Consultants Limited (Registered number: 08913458)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,880 1,994

CURRENT ASSETS
Debtors 6 18,863 14,648
Cash at bank 44,599 43,505
63,462 58,153
CREDITORS
Amounts falling due within one year 7 22,750 37,209
NET CURRENT ASSETS 40,712 20,944
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,592

22,938

PROVISIONS FOR LIABILITIES 432 499
NET ASSETS 43,160 22,439

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 100 100
Retained earnings 43,060 22,339
SHAREHOLDERS' FUNDS 43,160 22,439

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Insley Consultants Limited (Registered number: 08913458)

Statement of Financial Position - continued
29 February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2024 and were signed by:





R J Insley - Director


Insley Consultants Limited (Registered number: 08913458)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Insley Consultants Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Insley Consultants Limited (Registered number: 08913458)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023 16,315
Additions 2,381
At 29 February 2024 18,696
DEPRECIATION
At 1 March 2023 14,321
Charge for year 1,495
At 29 February 2024 15,816
NET BOOK VALUE
At 29 February 2024 2,880
At 28 February 2023 1,994

6. DEBTORS
29.2.24 28.2.23
£    £   
Amounts falling due within one year:
Directors' current accounts 3,754 4,066
Prepayments and accrued income 11,109 10,582
14,863 14,648

Amounts falling due after more than one year:
Other debtors 4,000 -

Aggregate amounts 18,863 14,648

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Tax 13,238 27,023
VAT 6,843 5,014
Other creditors - 622
Accrued expenses 2,669 4,550
22,750 37,209

Insley Consultants Limited (Registered number: 08913458)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
R J Insley
Balance outstanding at start of year 4,066 5,046
Amounts advanced - 69
Amounts repaid (312 ) (1,049 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,754 4,066