2023-05-01 06208201 2024-04-30 06208201 2023-05-01 2024-04-30 06208201 2023-04-30 06208201 2022-05-01 2023-04-30 06208201 uk-core:WithinOneYear 2023-04-30 06208201 uk-core:WithinOneYear 2024-04-30 06208201 uk-core:ShareCapital 2024-04-30 06208201 uk-core:ShareCapital 2023-04-30 06208201 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 06208201 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 06208201 uk-bus:Director1 2023-05-01 2024-04-30 06208201 uk-core:ComputerEquipment 2023-05-01 2024-04-30 06208201 uk-core:CommercialMotorVehicles 2023-05-01 2024-04-30 06208201 uk-core:ComputerEquipment 2023-04-30 06208201 uk-core:CommercialMotorVehicles 2023-04-30 06208201 uk-core:CommercialMotorVehicles 2024-04-30 06208201 uk-core:ComputerEquipment 2024-04-30 iso4217:GBP xbrli:pure 06208201 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 06208201 uk-bus:FRS102 2023-05-01 2024-04-30 06208201 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 06208201 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
INSTELECT LTD
Registered Number:06208201
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
INSTELECT LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06208201
As at 30 April 2024
INSTELECT LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,124
2,654
2
2,124
2,654
Current assets
Trade and other receivables
3,775
3,775
3
18,233
Cash and cash equivalents
16,657
20,432
22,008
Trade and other payables: amounts falling due within one
year
(14,455)
(16,340)
4
7,553
4,092
Net current assets
Total assets less current liabilities
6,216
10,207
6,216
Net assets
10,207
Capital and reserves
Called up share capital
2
2
Retained earnings
6,214
10,205
6,216
10,207
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MR D WATSON Director
These financial statements were approved and authorised for issue by the Board on 21 January 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 April 2024
INSTELECT LTD
Notes to the Financial Statements
Statutory Information
INSTELECT LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number
06208201.
Registered address:
7 ORMESBY ROAD
MIDDLESBROUGH
CLEVELAND
TS3 7AR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Computer Equipment
20% Reducing balance
Motor Vehicles
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 May 2023
10,917
917
10,000
At 30 April 2024
10,000
917
10,917
Provision for depreciation and impairment
At 01 May 2023
8,263
885
7,378
Charge for year
530
6
524
At 30 April 2024
8,793
891
7,902
At 30 April 2024
Net book value
2,098
26
2,124
At 30 April 2023
2,622
32
2,654
3. Trade and other receivables
2023
2024
£
£
Other debtors
3,775
3,775
2 of 3
5
For the year ended 30 April 2024
INSTELECT LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,529
1,529
Taxation and social security
13,841
11,915
Accruals and deferred income
660
660
Directors' loan accounts
310
351
16,340
14,455
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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