Registered number
05613312
Insight Marketing Consultancy Limited
Filleted Accounts
31 December 2023
Insight Marketing Consultancy Limited
Registered number: 05613312
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 1,200 2,502
Cash at bank and in hand 86,095 87,613
87,295 90,115
Creditors: amounts falling due within one year 4 (5,906) (11,368)
Net current assets 81,389 78,747
Net assets 81,389 78,747
Capital and reserves
Called up share capital 2 2
Profit and loss account 81,387 78,745
Shareholders' funds 81,389 78,747
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Oliver
Director
Approved by the board on 30 August 2024
Insight Marketing Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2023 2022
£ £
Trade debtors 1,200 2,502
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 600 3,874
Corporation tax 1,554 1,385
Other taxes and social security costs 478 1,869
Other creditors 3,274 4,240
5,906 11,368
5 Controlling party
The company is under the control of the directors
6 Other information
Insight Marketing Consultancy Limited is a private company limited by shares and incorporated in England. Its registered office is:
Cricket Corner
Lynch Hill Park
Whitchurch
Hampshire
RG28 7NF
Insight Marketing Consultancy Limited 05613312 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 D Oliver No description of principal activity 05613312 2022-01-01 2022-12-31 05613312 core:WithinOneYear 2022-12-31 05613312 core:ShareCapital 2022-12-31 05613312 core:RetainedEarningsAccumulatedLosses 2022-12-31 05613312 2023-01-01 2023-12-31 05613312 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05613312 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 05613312 bus:Director40 2023-01-01 2023-12-31 05613312 1 2023-01-01 2023-12-31 05613312 countries:England 2023-01-01 2023-12-31 05613312 bus:FRS102 2023-01-01 2023-12-31 05613312 bus:FilletedAccounts 2023-01-01 2023-12-31 05613312 2023-12-31 05613312 core:WithinOneYear 2023-12-31 05613312 core:ShareCapital 2023-12-31 05613312 core:RetainedEarningsAccumulatedLosses 2023-12-31 05613312 2022-12-31 iso4217:GBP xbrli:pure