IRIS Accounts Production v24.3.0.553 09460199 director 1.3.23 28.2.24 28.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094601992023-02-28094601992024-02-28094601992023-03-012024-02-28094601992022-02-28094601992022-03-012023-02-28094601992023-02-2809460199ns15:EnglandWales2023-03-012024-02-2809460199ns14:PoundSterling2023-03-012024-02-2809460199ns10:Director12023-03-012024-02-2809460199ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2809460199ns10:SmallEntities2023-03-012024-02-2809460199ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2809460199ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2809460199ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2809460199ns10:FullAccounts2023-03-012024-02-2809460199ns10:OrdinaryShareClass12023-03-012024-02-2809460199ns10:RegisteredOffice2023-03-012024-02-2809460199ns5:CurrentFinancialInstruments2024-02-2809460199ns5:CurrentFinancialInstruments2023-02-2809460199ns5:Non-currentFinancialInstruments2024-02-2809460199ns5:Non-currentFinancialInstruments2023-02-2809460199ns5:ShareCapital2024-02-2809460199ns5:ShareCapital2023-02-2809460199ns5:RetainedEarningsAccumulatedLosses2024-02-2809460199ns5:RetainedEarningsAccumulatedLosses2023-02-2809460199ns5:LeaseholdImprovements2023-03-012024-02-2809460199ns5:FurnitureFittings2023-03-012024-02-2809460199ns5:LandBuildings2023-02-2809460199ns5:LeaseholdImprovements2023-02-2809460199ns5:FurnitureFittings2023-02-2809460199ns5:LandBuildings2023-03-012024-02-2809460199ns5:LandBuildings2024-02-2809460199ns5:LeaseholdImprovements2024-02-2809460199ns5:FurnitureFittings2024-02-2809460199ns5:LandBuildings2023-02-2809460199ns5:LeaseholdImprovements2023-02-2809460199ns5:FurnitureFittings2023-02-2809460199ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2809460199ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2809460199ns10:OrdinaryShareClass12024-02-2809460199ns5:RetainedEarningsAccumulatedLosses2023-02-2809460199ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-28
REGISTERED NUMBER: 09460199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

INFOSIGHT PROPERTIES LTD

INFOSIGHT PROPERTIES LTD (REGISTERED NUMBER: 09460199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INFOSIGHT PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: V Belludi





REGISTERED OFFICE: The Mille
1000 Great West Road
Brentford
Middlesex
TW7 5LF





REGISTERED NUMBER: 09460199 (England and Wales)





ACCOUNTANTS: Cheshams Accountants Ltd
Chartered Certified Accountants
Suite 16,Neals Corner
2 Bath Road
Hounslow
Middlesex
TW3 3HJ

INFOSIGHT PROPERTIES LTD (REGISTERED NUMBER: 09460199)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 320,736 322,483

CURRENT ASSETS
Debtors 5 3,606 4,513
Cash at bank 171 43
3,777 4,556
CREDITORS
Amounts falling due within one year 6 76,164 88,631
NET CURRENT LIABILITIES (72,387 ) (84,075 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,349

238,408

CREDITORS
Amounts falling due after more than one year 7 268,047 259,294
NET LIABILITIES (19,698 ) (20,886 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (19,798 ) (20,986 )
SHAREHOLDERS' FUNDS (19,698 ) (20,886 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

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 26 November 2024 and were signed by:





V Belludi - Director


INFOSIGHT PROPERTIES LTD (REGISTERED NUMBER: 09460199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1. STATUTORY INFORMATION

INFOSIGHT PROPERTIES 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.

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.
Improvements to property - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

INFOSIGHT PROPERTIES LTD (REGISTERED NUMBER: 09460199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST
At 1 March 2023
and 28 February 2024 315,496 27,081 9,935 352,512
DEPRECIATION
At 1 March 2023 - 22,261 7,768 30,029
Charge for year - 1,205 542 1,747
At 28 February 2024 - 23,466 8,310 31,776
NET BOOK VALUE
At 28 February 2024 315,496 3,615 1,625 320,736
At 28 February 2023 315,496 4,820 2,167 322,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,606 4,513

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,059 13,824
Other loans 11,642 36,016
Other creditors 12,600 10,299
Directors' current accounts 35,243 24,832
Accrued expenses 4,620 3,660
76,164 88,631

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 16,047 -
Other loans - 1-2 years - 7,294
Other loans more 5yrs non-inst 252,000 252,000
268,047 259,294

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 252,000 252,000

INFOSIGHT PROPERTIES LTD (REGISTERED NUMBER: 09460199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2023 (20,986 )
Profit for the year 1,188
At 28 February 2024 (19,798 )