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REGISTERED NUMBER: 13993916 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Insignia Ventures Ltd

Insignia Ventures Ltd (Registered number: 13993916)






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


Insignia Ventures Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms T John
Dr A Z Mathew





SECRETARY:





REGISTERED OFFICE: Day & Co, Scottish Provident House
76-80 College Road
Harrow
United Kingdom
HA1 1BQ





REGISTERED NUMBER: 13993916 (England and Wales)





ACCOUNTANTS: Day & Co
Scottish Provident House
76-80 College Road
Harrow
Middlesex
HA1 1BQ

Insignia Ventures Ltd (Registered number: 13993916)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 539,759 545,083

CURRENT ASSETS
Cash at bank 10,556 4,829

CREDITORS
Amounts falling due within one year 5 2,931 1,505
NET CURRENT ASSETS 7,625 3,324
TOTAL ASSETS LESS CURRENT
LIABILITIES

547,384

548,407

CREDITORS
Amounts falling due after more than one
year

6

551,721

551,721
NET LIABILITIES (4,337 ) (3,314 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,437 ) (3,414 )
(4,337 ) (3,314 )

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.

Insignia Ventures Ltd (Registered number: 13993916)

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 2 December 2024 and were signed on its behalf by:




Dr A Z Mathew - Director



Ms T John - Director


Insignia Ventures Ltd (Registered number: 13993916)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Insignia Ventures 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.
Plant and machinery etc - 33% on cost

Depreciation is provided at the following annual rate to write off the cost of the leasehold property over the term of the lease.

Annual rate 1.04167%

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 NIL (2023 - NIL).

Insignia Ventures Ltd (Registered number: 13993916)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 550,821 - 550,821
Additions - 490 490
At 31 March 2024 550,821 490 551,311
DEPRECIATION
At 1 April 2023 5,738 - 5,738
Charge for year 5,737 77 5,814
At 31 March 2024 11,475 77 11,552
NET BOOK VALUE
At 31 March 2024 539,346 413 539,759
At 31 March 2023 545,083 - 545,083

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2 -
Taxation and social security 1,009 545
Other creditors 1,920 960
2,931 1,505

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 551,721 551,721

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 388,238 388,238