1 December 2023 false No description of principal activity Taxfiler 2024.6 07444281 business:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07444281 2023-11-30 07444281 2023-12-01 2024-11-30 07444281 business:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07444281 business:FilletedAccounts 2023-12-01 2024-11-30 07444281 2024-11-30 07444281 business:Director1 2023-12-01 2024-11-30 07444281 business:Director2 2023-12-01 2024-11-30 07444281 business:RegisteredOffice 2023-12-01 2024-11-30 07444281 2023-11-30 07444281 core:WithinOneYear 2024-11-30 07444281 core:WithinOneYear 2023-11-30 07444281 core:AfterOneYear 2024-11-30 07444281 core:AfterOneYear 2023-11-30 07444281 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 07444281 core:ShareCapital core:PreviouslyStatedAmount 2023-11-30 07444281 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 07444281 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-11-30 07444281 core:PreviouslyStatedAmount 2024-11-30 07444281 core:PreviouslyStatedAmount 2023-11-30 07444281 business:SmallEntities 2023-12-01 2024-11-30 07444281 countries:EnglandWales 2023-12-01 2024-11-30 07444281 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07444281 (England and Wales)
INSIGHT LICENSING SERVICES LIMITED Unaudited accounts for the year ended 30 November 2024
INSIGHT LICENSING SERVICES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
INSIGHT LICENSING SERVICES LIMITED Company Information for the year ended 30 November 2024
Directors
Raj Dwijkumar Harishankar Trivedi Celine Alexandre
Company Number
07444281 (England and Wales)
Registered Office
207 3RD FLOOR 207 REGENT STREET LONDON W1B 3BB ENGLAND
Accountants
Ratnam Accountants 203 Kilburn High Road London NW6 7HY
- 3 -
INSIGHT LICENSING SERVICES LIMITED Statement of financial position as at 30 November 2024
2024
2023
Notes
£
£
Current assets
Debtors
4
17,379
36,000
Cash at bank and in hand
31,001
6,396
48,380
42,396
Creditors: amounts falling due within one year
5
(38,471)
(24,963)
Net current assets
9,909
17,433
Total assets less current liabilities
9,909
17,433
Creditors: amounts falling due after more than one year
6
(6,667)
(16,667)
Net assets
3,242
766
Capital and reserves
Called up share capital
1
1
Profit and loss account
3,241
765
Shareholders' funds
3,242
766
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 1 November 2025 and were signed on its behalf by
Raj Dwijkumar Harishankar Trivedi Director Company Registration No. 07444281
- 4 -
INSIGHT LICENSING SERVICES LIMITED Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
INSIGHT LICENSING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07444281. The registered office is 207 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3BB, ENGLAND.
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.
4
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
4,379
6,000
Other debtors
13,000
30,000
17,379
36,000
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,000
10,000
VAT
7,868
2,971
Taxes and social security
17,424
10,033
Loans from directors
1,439
219
Accruals
1,740
1,740
38,471
24,963
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
6,667
16,667
7
Transactions with related parties
The total loan advanced to Mr. Raj Trivedi, the director of the company as on yearend date is amounting to £13,000 (2023: 30,000). This loan is repayable on demand and subject to interest at 3% per annum. The loan remains outstanding as at balance sheet date.
- 5 -
INSIGHT LICENSING SERVICES LIMITED Notes to the Accounts for the year ended 30 November 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -