REGISTERED NUMBER: 08719165 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

INLINE POLICY LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S Panda

REGISTERED OFFICE:

310 Vox Studios

1-45 Durham Street

London

SE11 5JH

REGISTERED NUMBER:

08719165 (England and Wales)

FIXED ASSETS

Tangible assets

4

10,729

6,717

Investments

5

5,583

5,583

16,312

12,300

CURRENT ASSETS

Debtors

186,186

234,812

Cash at bank

20,518

37,439

206,704

272,251

CREDITORS

Amounts falling due within one year

97,572

82,549

NET CURRENT ASSETS

109,132

189,702

TOTAL ASSETS LESS CURRENT LIABILITIES

125,444

202,002

CREDITORS

Amounts falling due after more than one year

(20,833

)

(70,833

)

PROVISIONS FOR LIABILITIES

(2,038

)

(1,276

)

NET ASSETS

102,573

129,893

CAPITAL AND RESERVES

Called up share capital

6,536

6,536

Share premium

151,795

151,795

Retained earnings

(55,758

)

(28,438

)

SHAREHOLDERS' FUNDS

102,573

129,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

S Panda - Director

1.	STATUTORY INFORMATION

Inline Policy Limited 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

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

Preparation of consolidated financial statements

The financial statements contain information about Inline Policy Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents sales of policy advisory consultancy services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Fixtures and furniture

-

25% on cost

Office equipment

-

25% on cost

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost, except for investments in shares which are recognised at cost less impairment. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction. Balances at the year-end denominated in a foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme and makes contributions into the director's personal pension. Contributions payable are charged to the profit and loss in the period to which they relate.

Investments in subsidiaries

Investments in shares are recognised at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

20,652

Additions

8,880

At 31 December 2024

29,532

DEPRECIATION

At 1 January 2024

13,935

Charge for year

4,868

At 31 December 2024

18,803

NET BOOK VALUE

At 31 December 2024

10,729

At 31 December 2023

6,717

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

5,583

NET BOOK VALUE

At 31 December 2024

5,583

At 31 December 2023

5,583

Cost or valuation at 31 December 2024 is represented by:

Totals

£

Valuation in 2021

5,583

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

33,673

38,964

Between one and five years

-

30,305

33,673

69,269