Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04711386 Mr L Mulraine Mr Paul Marsh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04711386 2023-12-31 04711386 2024-12-31 04711386 2024-01-01 2024-12-31 04711386 frs-core:CurrentFinancialInstruments 2024-12-31 04711386 frs-core:ComputerEquipment 2024-12-31 04711386 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04711386 frs-core:ComputerEquipment 2023-12-31 04711386 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 04711386 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04711386 frs-core:ShareCapital 2024-12-31 04711386 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04711386 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04711386 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04711386 frs-bus:SmallEntities 2024-01-01 2024-12-31 04711386 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04711386 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04711386 frs-bus:Director1 2024-01-01 2024-12-31 04711386 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04711386 frs-core:CurrentFinancialInstruments 1 2024-12-31 04711386 frs-core:CurrentFinancialInstruments 2 2024-12-31 04711386 frs-countries:EnglandWales 2024-01-01 2024-12-31 04711386 2022-12-31 04711386 2023-12-31 04711386 2023-01-01 2023-12-31 04711386 frs-core:CurrentFinancialInstruments 2023-12-31 04711386 frs-core:ShareCapital 2023-12-31 04711386 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04711386 frs-core:CurrentFinancialInstruments 1 2023-12-31 04711386 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 04711386
Insight Solutions Grp Recruitment Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Infologik Limited T/A wedo accounting
Kemp House
152-160 City Road
London
EC1V 2NX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04711386
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 1 1
Tangible Assets 4 1,076 1,076
1,077 1,077
CURRENT ASSETS
Debtors 5 9,716 79,008
Cash at bank and in hand 611 25,030
10,327 104,038
Creditors: Amounts Falling Due Within One Year 6 (429,275 ) (368,197 )
NET CURRENT ASSETS (LIABILITIES) (418,948 ) (264,159 )
TOTAL ASSETS LESS CURRENT LIABILITIES (417,871 ) (263,082 )
NET LIABILITIES (417,871 ) (263,082 )
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account (417,873 ) (263,084 )
SHAREHOLDERS' FUNDS (417,871) (263,082)
Page 1
Page 2
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved by the board of directors on 15 January 2025 and were signed on its behalf by: Lee Mulraine
Mr L Mulraine
Director
15th January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Insight Solutions Grp Recruitment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04711386 . The registered office is 11 Churchill Court, 58 Station Road, Harrow, London, HA2 7SA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 50
Computer Equipment 50
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 20,575
As at 31 December 2024 20,575
Depreciation
As at 1 January 2024 19,499
As at 31 December 2024 19,499
Net Book Value
As at 31 December 2024 1,076
As at 1 January 2024 1,076
Page 3
Page 4
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 5,849 59,815
Prepayments and accrued income - 356
Other debtors (1) 1,985 10,887
Other debtors (2) 117 117
Deferred tax current asset 1,742 1,742
VAT - 6,076
Other taxes and social security 23 15
9,716 79,008
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 239,516 217,173
Bank loans and overdrafts 19 2,244
Net wages 63,562 35,811
Other creditors 123,229 42,885
Other creditors (1) - 70,084
Director's loan account 2,949 -
429,275 368,197
7. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 2 2
Page 4