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REGISTERED NUMBER: 08837687 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

ORPHAN INSIGHT LTD

ORPHAN INSIGHT LTD (REGISTERED NUMBER: 08837687)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ORPHAN INSIGHT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: M Barrett





REGISTERED OFFICE: Laurel House
8 Station Road
Bentley
Surrey
GU10 5JZ





REGISTERED NUMBER: 08837687 (England and Wales)





ACCOUNTANTS: Maxwell & Co
9 Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT

ORPHAN INSIGHT LTD (REGISTERED NUMBER: 08837687)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,536 2,435

CURRENT ASSETS
Debtors 5 101,228 14,084
Cash at bank 65,120 137,773
166,348 151,857
CREDITORS
Amounts falling due within one year 6 142,091 34,003
NET CURRENT ASSETS 24,257 117,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,793

120,289

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 26,791 120,287
SHAREHOLDERS' FUNDS 26,793 120,289

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 9 January 2025 and were signed by:



M Barrett - Director


ORPHAN INSIGHT LTD (REGISTERED NUMBER: 08837687)

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

1. STATUTORY INFORMATION

Orphan Insight 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 and value added tax. Turnover includes the rendering of services which are only recognised once the service is complete.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

The assets' residual values. useful lives and depreciation methods are reviewed and adjusted if appropriate, or if there is an indication of a significant change since the last reporting date.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current 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 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.

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 (2023 - NIL).

ORPHAN INSIGHT LTD (REGISTERED NUMBER: 08837687)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 3,096 3,598 6,694
Additions - 1,700 1,700
Disposals - (983 ) (983 )
At 31 May 2024 3,096 4,315 7,411
DEPRECIATION
At 1 June 2023 1,843 2,416 4,259
Charge for year 313 627 940
Eliminated on disposal - (324 ) (324 )
At 31 May 2024 2,156 2,719 4,875
NET BOOK VALUE
At 31 May 2024 940 1,596 2,536
At 31 May 2023 1,253 1,182 2,435

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 13,900
Directors' current accounts 101,045 -
VAT 183 184
101,228 14,084

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,400 2,467
Tax 37,436 28,900
Social security and other taxes 514 -
Other creditors - 43
Directors' current accounts 101,641 1,493
Accrued expenses 1,100 1,100
142,091 34,003

ORPHAN INSIGHT LTD (REGISTERED NUMBER: 08837687)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary shares £1.00 1 1
1 A Ordinary shares £1.00 1 1
2 2