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REGISTERED NUMBER: SC093638 (Scotland)















Financial Statements for the Year Ended 31 December 2023

for

Insurance Advisory Services
(Larbert) Limited

Insurance Advisory Services
(Larbert) Limited (Registered number: SC093638)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Insurance Advisory Services
(Larbert) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ms J Bell





REGISTERED OFFICE: 4 Arnothill Court
Falkirk
Central
FK1 5SY





REGISTERED NUMBER: SC093638 (Scotland)






Insurance Advisory Services
(Larbert) Limited (Registered number: SC093638)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 3,232 3,232
Cash at bank and in hand 123,885 201,578
127,117 204,810
CREDITORS
Amounts falling due within one year 5 2,718 46,676
NET CURRENT ASSETS 124,399 158,134
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,399

158,134

CAPITAL AND RESERVES
Called up share capital 6 500 500
Retained earnings 7 123,899 157,634
SHAREHOLDERS' FUNDS 124,399 158,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 24 September 2024 and were signed by:





Ms J Bell - Director


Insurance Advisory Services
(Larbert) Limited (Registered number: SC093638)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Insurance Advisory Services (Larbert) Limited is a private company, limited by shares , registered in Scotland. 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,232 3,232

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1 -
Taxation and social security 1,896 42,339
Other creditors 821 4,337
2,718 46,676

Insurance Advisory Services
(Larbert) Limited (Registered number: SC093638)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
500 Ordinary £1 500 500

7. RESERVES
Retained
earnings
£   

At 1 January 2023 157,634
Deficit for the year (235 )
Dividends (33,500 )
At 31 December 2023 123,899

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
Ms J Bell
Balance outstanding at start of year - 9,943
Amounts repaid - (9,943 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. ULTIMATE CONTROLLING PARTY

The company was under the control of Ms J Bell throughout the year under review. Ms Bell is the director and major shareholder.