Registered number
10988406
Insight 2 Value Holdings Limited
Unaudited Filleted Accounts
31 January 2025
Insight 2 Value Holdings Limited
Registered number: 10988406
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Investments 3 1,093 1,093
Current assets
Cash at bank and in hand 685,932 719,775
Creditors: amounts falling due within one year 4 (392,037) (389,131)
Net current assets 293,895 330,644
Net assets 294,988 331,737
Capital and reserves
Called up share capital 110 110
Profit and loss account 294,878 331,627
Shareholders' funds 294,988 331,737
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr P A Hagen
Director
Approved by the board on 27 May 2025
Insight 2 Value Holdings Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company - -
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 February 2024 1,093
At 31 January 2025 1,093
The subsidiaries in which the company's interests at the year end were more than 20% is as follows:
Insight 2 Value Limited incorporated in England, registered office 17 Lake View House, Tournament Fields, Wilton Drive, Warwick, CV34 6RG. The subsidiary is wholly owned by the company and its principal activity is the provision of solutions to the financial services, insurance and banking industries.
Insight2Value Solutions Private Limited was incorporated in India on 31 July 2023. The company owns 99.99% of the share capital of the subsidiary and its principal activity is the provision of solutions to the financial services, insurance and banking industries.
4 Creditors: amounts falling due within one year 2025 2024
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 390,219 389,131
Taxation and social security costs 1,818 -
392,037 389,131
5 Related party transactions 2025 2024
£ £
Insight 2 Value Limited
Insight 2 Value Limited is controlled by Insight 2 Value Holdings Limited.
The company received dividends during the year of £nil (2024 : £nil) from Insight 2 Value Limited.
Amount due to Insight 2 Value Limited 390,219 389,131
Transactions with the directors
Dividends of £44,500 (2024 : £284,800) were paid during the year, of which £44,500 (2024: £267,000) were paid to the directors.
6 Controlling party
The company is controlled by Mr P A Hagen.
7 Other information
Insight 2 Value Holdings Limited is a private company limited by shares and incorporated in England. Its registered office is:
17 Lake View House
Tournament Fields
Wilton Drive
Warwick
CV34 6RG
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