REGISTERED NUMBER: 07538557 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Insight Projex Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr A D Mubarak

Mrs N A Mubarak

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

BUSINESS ADDRESS:

Chapter House

40 High Trees Road

Reigate

Kent

RH2 7EN

REGISTERED NUMBER:

07538557 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

1,260

1,880

CURRENT ASSETS

Debtors

5

8,698

15,079

Cash at bank

71,921

97,912

80,619

112,991

CREDITORS

Amounts falling due within one year

6

96,953

108,216

NET CURRENT (LIABILITIES)/ASSETS

(16,334

)

4,775

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,074

)

6,655

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

8

(15,274

)

6,455

SHAREHOLDERS' FUNDS

(15,074

)

6,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Dr A D Mubarak - Director

1.	STATUTORY INFORMATION

Insight Projex Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 March 2024

and 28 February 2025

5,556

DEPRECIATION

At 1 March 2024

3,676

Charge for year

620

At 28 February 2025

4,296

NET BOOK VALUE

At 28 February 2025

1,260

At 29 February 2024

1,880

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

3,120

3,120

Other debtors

-

5,875

Prepayments

5,578

6,084

8,698

15,079

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

8,426

292

Corporation tax

-

284

Social security and other taxes

145

-

VAT

1,072

1,378

Other creditors

-

4,875

Directors' current accounts

85,810

70,767

Deferred income

-

29,120

Accrued expenses

1,500

1,500

96,953

108,216

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary "A"

£1

100

100

100

Ordinary "B"

£1

100

100

200

200

8.

RESERVES

Retained

earnings

£

At 1 March 2024

6,455

Deficit for the year

(21,729

)

At 28 February 2025

(15,274

)

9.	RELATED PARTY DISCLOSURES

During the year the directors, Dr A Mubarak and Mrs N A Mubarak, being husband and wife, made net deposits to their account of £15,043. The balance on their account at 28 February 2025 was £85,810 in credit (2024 - £70,767).

10.	ULTIMATE CONTROLLING PARTY

Dr and Mrs Mubarak are the ultimate controlling party by virtue of their holding all of the company's issued share capital.