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Company Registration No. NI039410 (Northern Ireland)
Insurance Services (NI) Limited Unaudited accounts for the year ended 31 October 2024
Insurance Services (NI) Limited Unaudited accounts Contents
Page
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Insurance Services (NI) Limited Company Information for the year ended 31 October 2024
Director
Mr William John Magee
Secretary
Mr Darren Magee
Company Number
NI039410 (Northern Ireland)
Registered Office
23 ANTRIM STREET LISBURN CO ANTRIM BT28 1AU
Accountants
W F Lemon & Co Ltd 65 Bachelors Walk Lisburn Co. Antrim BT28 1XN
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Insurance Services (NI) Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
2,954 
5,936 
Creditors: amounts falling due within one year
(1,206)
(1,213)
Net current assets
1,748 
4,723 
Net assets
1,748 
4,723 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(8,252)
(5,277)
Shareholders' funds
1,748 
4,723 
For the year ending 31 October 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 14 February 2025 and were signed on its behalf by
Mr William John Magee Director Company Registration No. NI039410
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Insurance Services (NI) Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Insurance Services (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI039410. The registered office is 23 ANTRIM STREET, LISBURN, CO ANTRIM, BT28 1AU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
414 
466 
Loans from directors
792 
747 
1,206 
1,213 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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