Insight Consultancy and Research (ICR) L - Limited company accounts 25.1

REGISTERED NUMBER: 10922029 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

INSIGHT CONSULTANCY AND RESEARCH (ICR)

LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Financial Statements

6

DIRECTORS:

N Shahto

N Katerji

REGISTERED OFFICE:

7 St John's Road

Harrow

Middlesex

HA1 2EY

REGISTERED NUMBER:

10922029 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

N Shahto

N Katerji

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

N Shahto - Director

30 May 2026

TURNOVER

142,809

32,197

Cost of sales

114,035

19,111

GROSS PROFIT

28,774

13,086

Administrative expenses

22,233

13,106

OPERATING PROFIT/(LOSS)

6,541

(20

)

Interest payable and similar expenses

1,377

734

PROFIT/(LOSS) BEFORE TAXATION

5,164

(754

)

Tax on profit/(loss)

4

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

5,164

(754

)

FIXED ASSETS

Tangible assets

5

4,395

3,392

Investments

6

100

4,495

3,492

CURRENT ASSETS

Debtors

7

450,672

440,699

Cash at bank

2,042

9,018

452,714

449,717

CREDITORS

Amounts falling due within one year

8

60,553

15,248

NET CURRENT ASSETS

392,161

434,469

TOTAL ASSETS LESS CURRENT LIABILITIES

396,656

437,961

CREDITORS

Amounts falling due after more than one year

9

478,838

525,307

NET LIABILITIES

(82,182

)

(87,346

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(82,282

)

(87,446

)

SHAREHOLDERS' FUNDS

(82,182

)

(87,346

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2026 and were signed on its behalf by:

N Shahto - Director

Called up

share

Retained

Total

capital

earnings

equity

£

Balance at 1 September 2023

100

(86,692

)

(86,592

)

Changes in equity

Total comprehensive income

-

(754

)

(754

)

Balance at 31 August 2024

100

(87,446

)

(87,346

)

Changes in equity

Total comprehensive income

-

5,164

Balance at 31 August 2025

100

(82,282

)

(82,182

)

1.	STATUTORY INFORMATION

Insight Consultancy and Research (ICR) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements have been prepared on a going concern basis not withstanding the company's net liabilities position as at the year end. The directors of the company have provided with an undertaking that they will continue to support financially for the foreseeable future and that they will not seek repayment of the amounts currently owing to them in the twelve months from the date of signing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for food, beverage and service fees net of VAT provided to customers.

Revenue from the sale of goods is recognised when the amounts are earned and can be reasonable be estimated. These revenues are recorded net of value added tax collected from customers and are recognised as the related services are delivered.

Tangible fixed assets

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

Land and buildings

-

Over the term of the lease

Plant and machinery etc

-

25% reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Financial instruments

Financial assets and financial liabilities are recognised in the company’s balance sheet when the company becomes a party to the contractual provisions of the instrument.

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 August 2025 nor for the year ended 31 August 2024.

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

COST

At 1 September 2024

10,000

14,327

24,327

Additions

-

2,108

At 31 August 2025

10,000

16,435

26,435

DEPRECIATION

At 1 September 2024

10,000

10,935

20,935

Charge for year

-

1,105

At 31 August 2025

10,000

12,040

22,040

NET BOOK VALUE

At 31 August 2025

-

4,395

At 31 August 2024

-

3,392

6.	FIXED ASSET INVESTMENTS

Investment

in

Subsidiary

Compa ny

£

COST

At 1 September 2024

and 31 August 2025

100

NET BOOK VALUE

At 31 August 2025

100

At 31 August 2024

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Coffee Tree Group Limited

Registered office: United Kingdom

Nature of business: Other retail sale of food in specialised stores

%

Class of shares:

holding

Ordinary

100.00

31.8.25

30.6.24

£

Aggregate capital and reserves

(452,737

)

(438,298

)

(Loss)/profit for the year

(14,439

)

13,280

7.

DEBTORS

2025

2024

£

Amounts falling due within one year:

VAT

695

800

Amounts falling due after more than one year:

Amounts owed by group undertakings

449,977

439,899

Aggregate amounts

450,672

440,699

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,199

4,080

Trade creditors

52,929

768

Accrued expenses

4,425

10,400

60,553

15,248

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

10,000

Bank loans due within 2-5 yrs

11,942

17,665

Directors' loan accounts

456,896

497,642

478,838

525,307

10.	RELATED PARTY DISCLOSURES

Included within creditors due after more than one year as at year end is £456,896 (2024: £497,642), an amount owed to the directors of the company. The amount owed is unsecured and there are no specific terms to the repayment of this amount.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.