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Company Registration No. 12098945 (England and Wales)
Insight Accountancy & Consultants Limited Unaudited accounts for the year ended 31 July 2024
Insight Accountancy & Consultants Limited Unaudited accounts Contents
Page
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Insight Accountancy & Consultants Limited Company Information for the year ended 31 July 2024
Director
Rylan Skinner
Company Number
12098945 (England and Wales)
Registered Office
UNIT 16 LAMBY WORKSHOP CARDIFF CF3 2EQ United Kingdom
Accountants
Insight Accountancy Unit 16, Lamby Way Workshops Lamby Way Cardiff CF3 2EQ
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Insight Accountancy & Consultants Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
820 
1,823 
Current assets
Debtors
2,434 
7,240 
Cash at bank and in hand
1,432 
1,283 
3,866 
8,523 
Creditors: amounts falling due within one year
10,191 
14,744 
Net current assets
14,057 
23,267 
Total assets less current liabilities
14,877 
25,090 
Creditors: amounts falling due after more than one year
(15,592)
(26,190)
Net liabilities
(715)
(1,100)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(815)
(1,200)
Shareholders' funds
(715)
(1,100)
For the year ending 31 July 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 29 April 2025 and were signed on its behalf by
Rylan Skinner Director Company Registration No. 12098945
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Insight Accountancy & Consultants Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Insight Accountancy & Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 12098945. The registered office is UNIT 16, LAMBY WORKSHOP, CARDIFF, CF3 2EQ, United Kingdom.
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
5,833 
At 31 July 2024
5,833 
Depreciation
At 1 August 2023
4,010 
Charge for the year
1,003 
At 31 July 2024
5,013 
Net book value
At 31 July 2024
820 
At 31 July 2023
1,823 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,434 
7,240 
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Insight Accountancy & Consultants Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
793 
24 
Trade creditors
10,550 
8,140 
Taxes and social security
- 
316 
Loans from directors
(21,534)
(23,224)
(10,191)
(14,744)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,592 
26,190 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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