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REGISTERED NUMBER: 02644647















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

INFORM COMMUNICATIONS LTD

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INFORM COMMUNICATIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J F C Abel
C J Bates
H W Sears
C Owen





REGISTERED OFFICE: 55 Baker Street
London
W1U 7EU





REGISTERED NUMBER: 02644647





ACCOUNTANTS: CMB Partnership Limited
Chartered Accountants
7 Wey Court
Mary Road
Guildford
Surrey
GU1 4QU

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
as restated
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 175,837 144,998
Tangible assets 4 4,879 9,908
180,716 154,906

CURRENT ASSETS
Debtors 5 447,288 269,708
Cash at bank 191,393 562,305
638,681 832,013
CREDITORS
Amounts falling due within one year 6 890,811 892,637
NET CURRENT LIABILITIES (252,130 ) (60,624 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(71,414

)

94,282

CREDITORS
Amounts falling due after more than one
year

7

15,000

25,000
NET (LIABILITIES)/ASSETS (86,414 ) 69,282

CAPITAL AND RESERVES
Called up share capital 118,889 118,889
Share premium 201,111 201,111
Retained earnings (406,414 ) (250,718 )
SHAREHOLDERS' FUNDS (86,414 ) 69,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

BALANCE SHEET - continued
31 MARCH 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 27 November 2024 and were signed on its behalf by:





J F C Abel - Director


INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

General information and basis of preparation
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.

Inform Communications Ltd is a company incorporated in the United Kingdom under the Companies Act. The address of the registered office is as follows:

55 Baker Street
London
W1U 7EU

The company's functional and presentational currency is pound sterling.

Turnover
The company is a U.K. leader in the provision of automated response services. Inform 360 is a fully managed, automated, multi-channel enquiry service incorporating telephone, email, SMS and mobile web channels specifically designed for local authorities. Turnover is recognised evenly over the duration of the contract. This is a change in policy as detailed in note 4 to the accounts.

The company also offers Inform Shield being a safety monitoring service for lone workers. Turnover is recognised monthly based on the usage by organisations using this service.

Development costs
Development costs are amortised over a 5 year period, being the directors estimated useful life of this expenditure.

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 etc - 20% on cost

Impairment of assets
Assets, other than those measured at fair value are assessed for indication of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company meets its day to day working capital requirement through its bank accounts. The company's forecasts and projections taking into account possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. The directors therefore have a reasonable expectation that the company has adequate resources to continue its operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing the financial statements.

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES - continued

Taxation
Taxation expense for the period comprise current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income.

Current and deferred taxation assets and liabilities are not discounted.

Current tax is the amount of tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates that have been enacted or substantially enacted at the year end.

Deferred tax arises from the timing differences that are differences between the taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Research and Development tax credits are accounted for when it is probable they will be received.

Financial instruments
Basic financial assets, including trade and other receivables, cash and bank balances are initially recognised at transaction price.

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price. Trade payables are obligations for goods or services that have been supplied in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities where payment is due within one year or less.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 15 ) .

3. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 218,840
Additions 80,044
At 31 March 2024 298,884
AMORTISATION
At 1 April 2023 73,842
Charge for year 49,205
At 31 March 2024 123,047
NET BOOK VALUE
At 31 March 2024 175,837
At 31 March 2023 144,998

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 35,507
Additions 2,280
Disposals (6,120 )
At 31 March 2024 31,667
DEPRECIATION
At 1 April 2023 25,599
Charge for year 6,759
Eliminated on disposal (5,570 )
At 31 March 2024 26,788
NET BOOK VALUE
At 31 March 2024 4,879
At 31 March 2023 9,908

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Trade debtors 177,725 37,906
Other debtors 269,563 231,802
447,288 269,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
as restated
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 47,365 54,630
Amounts owed to group undertakings 165,000 -
Taxation and social security 93,161 140,722
Other creditors 575,285 687,285
890,811 892,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
as restated
£    £   
Bank loans 15,000 25,000

INFORM COMMUNICATIONS LTD (REGISTERED NUMBER: 02644647)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
as restated
£    £   
C D Owen
Balance outstanding at start of year 1,297 1,496
Amounts advanced - 1,297
Amounts repaid (1,297 ) (1,496 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,297

R N Coppack
Balance outstanding at start of year 6,596 5,551
Amounts advanced - 6,596
Amounts repaid (6,596 ) (5,551 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 6,596