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REGISTERED NUMBER: 05721301 (England and Wales)














Unaudited Financial Statements for the Year Ended 28 February 2024

for

Inside Housing Solutions Limited

Inside Housing Solutions Limited (Registered number: 05721301)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Inside Housing Solutions Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: Mr M Rangecroft
Ms G Rangecroft





REGISTERED OFFICE: 8 Coldbath Square
London
EC1R 5HL





REGISTERED NUMBER: 05721301 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Inside Housing Solutions Limited (Registered number: 05721301)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,491 311,606

CURRENT ASSETS
Debtors 5 33,462 11,770
Cash at bank 18,930 4,338
52,392 16,108
CREDITORS
Amounts falling due within one
year

6

71,600

145,771
NET CURRENT LIABILITIES (19,208 ) (129,663 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,283

181,943

CREDITORS
Amounts falling due after more
than one year

7

24,851

165,307
NET (LIABILITIES)/ASSETS (9,568 ) 16,636

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (9,668 ) 16,536
(9,568 ) 16,636

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 directors acknowledge their 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.

Inside Housing Solutions Limited (Registered number: 05721301)

Balance Sheet - continued
28 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:




Ms G Rangecroft - Director



Mr M Rangecroft - Director


Inside Housing Solutions Limited (Registered number: 05721301)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Inside Housing Solutions 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.

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Inside Housing Solutions Limited (Registered number: 05721301)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 March 2023 273,943 54,380 17,937
Additions - - 2,584
Disposals (273,943 ) - -
At 28 February 2024 - 54,380 20,521
DEPRECIATION
At 1 March 2023 - 5,430 17,830
Charge for year - 5,506 404
Reclassification/transfer - 12,238 -
At 28 February 2024 - 23,174 18,234
NET BOOK VALUE
At 28 February 2024 - 31,206 2,287
At 28 February 2023 273,943 48,950 107

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 - 30,119 376,379
Additions - 486 3,070
Disposals - - (273,943 )
At 28 February 2024 - 30,605 105,506
DEPRECIATION
At 1 March 2023 12,238 29,275 64,773
Charge for year - 332 6,242
Reclassification/transfer (12,238 ) - -
At 28 February 2024 - 29,607 71,015
NET BOOK VALUE
At 28 February 2024 - 998 34,491
At 28 February 2023 (12,238 ) 844 311,606

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 8,204 11,770
Other debtors 25,258 -
33,462 11,770

Inside Housing Solutions Limited (Registered number: 05721301)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,000 26,200
Hire purchase contracts 5,293 5,293
Amounts owed to associates 751 751
Taxation and social security 22,514 26,945
Other creditors 33,042 86,582
71,600 145,771

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.24 28.2.23
£    £   
Bank loans 12,500 147,209
Hire purchase contracts 12,351 18,098
24,851 165,307

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Inside Housing Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inside Housing Solutions Limited for the year ended 28 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Inside Housing Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Inside Housing Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Inside Housing Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inside Housing Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Inside Housing Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Inside Housing Solutions Limited. You consider that Inside Housing Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Inside Housing Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................