2022-08-012023-12-312023-12-31false13523381INSPARK INTELLIGENT BUSINESS SOLUTIONS 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INSPARK INTELLIGENT BUSINESS SOLUTIONS LIMITED

Registered Number
13523381
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2023

INSPARK INTELLIGENT BUSINESS SOLUTIONS LIMITED
Company Information
for the period from 1 August 2022 to 31 December 2023

Directors

SUSUZ, Serdar
SYMES, Stephen Barry

Registered Address

86-90 Paul Street
London
EC2A 4NE

Registered Number

13523381 (England and Wales)
INSPARK INTELLIGENT BUSINESS SOLUTIONS LIMITED
Balance Sheet as at
31 December 2023

Notes

31 Dec 2023

31 Jul 2022

£

£

£

£

Called up share capital not paid-5,000
Current assets
Debtors35,00310,598
Cash at bank and on hand35,59415,220
40,59725,818
Creditors amounts falling due within one year4(5,846)(8,169)
Net current assets (liabilities)34,75122,649
Total assets less current liabilities34,75122,649
Net assets34,75122,649
Capital and reserves
Called up share capital5,0005,000
Profit and loss account29,75117,649
Shareholders' funds34,75122,649
The financial statements were approved and authorised for issue by the Board of Directors on 15 August 2024, and are signed on its behalf by:
SUSUZ, Serdar
Director
Registered Company No. 13523381
INSPARK INTELLIGENT BUSINESS SOLUTIONS LIMITED
Notes to the Financial Statements
for the period ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20232022
Average number of employees during the year00
3.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables5,00310,598
Total5,00310,598
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables3,000-
Bank borrowings and overdrafts-53
Taxation and social security2,8465,541
Accrued liabilities and deferred income-2,575
Total5,8468,169