Company Registration No. 6411119 (England and Wales)
DM Insight Limited
Unaudited accounts
for the year ended 31 December 2024
DM Insight Limited
Unaudited accounts
Contents
DM Insight Limited
Company Information
for the year ended 31 December 2024
Company Number
6411119 (England and Wales)
Registered Office
54 Greenleaf Road
London
E17 6QN
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
DM Insight Limited
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DM Insight Limited for the year ended
31 December 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of DM Insight Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of DM Insight Limited and state those matters that we have agreed to state to the Board of Directors of DM Insight Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DM Insight Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DM Insight Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DM Insight Limited. You consider that DM Insight Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DM Insight Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants
31 January 2025
DM Insight Limited
Statement of financial position
as at 31 December 2024
Intangible assets
20,000
20,000
Tangible assets
2,120
1,994
Cash at bank and in hand
26,137
44,744
Creditors: amounts falling due within one year
(26,723)
(38,503)
Net current assets
13,953
21,470
Called up share capital
3
3
Profit and loss account
76,231
88,814
Shareholders' funds
76,234
88,817
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 February 2025 and were signed on its behalf by
S McCoy
Director
Company Registration No. 6411119
DM Insight Limited
Notes to the Accounts
for the year ended 31 December 2024
DM Insight Limited is a private company, limited by shares, registered in England and Wales, registration number 6411119. The registered office is 54 Greenleaf Road, London, E17 6QN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% written down value
Intangible fixed assets are included at cost.
4
Intangible fixed assets
Other
At 31 December 2024
20,000
At 31 December 2024
20,000
At 31 December 2023
20,000
DM Insight Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Computer equipment
At 31 December 2024
10,759
6
Investments
Other investments
Valuation at 1 January 2024
45,353
Valuation at 31 December 2024
40,161
Amounts falling due within one year
Trade debtors
13,770
14,460
Accrued income and prepayments
769
769
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,620
23,815
Loans from directors
2,162
2,547
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).