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Company Registration No. 12303350 (England and Wales)
Insight Regulatory Consultancy Ltd Unaudited accounts for the year ended 31 October 2025
Insight Regulatory Consultancy Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
418
776
Current assets
Debtors
5
96,951
76,960
Cash at bank and in hand
743
3,161
97,694
80,121
Creditors: amounts falling due within one year
6
(81,031)
(77,418)
Net current assets
16,663
2,703
Total assets less current liabilities
17,081
3,479
Provisions for liabilities
Deferred tax
(79)
(204)
Net assets
17,002
3,275
Capital and reserves
Called up share capital
10
10
Profit and loss account
16,992
3,265
Shareholders' funds
17,002
3,275
For the year ending 31 October 2025 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 director acknowledges his 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 and authorised for issue on 12 May 2026 and were signed on its behalf by
Andrew Whitton Director Company Registration No. 12303350
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Insight Regulatory Consultancy Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Insight Regulatory Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 12303350. The registered office is UNIT A, WIXFORD PARK GEORGES ELM LANE, BIDFORD-ON-AVON, ALCESTER, B50 4JS, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Insight Regulatory Consultancy Ltd Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 November 2024
1,074
At 31 October 2025
1,074
Depreciation
At 1 November 2024
298
Charge for the year
358
At 31 October 2025
656
Net book value
At 31 October 2025
418
At 31 October 2024
776
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
24,609
19,124
Accrued income and prepayments
1,005
1,146
Other debtors
71,337
56,690
96,951
76,960
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
37,250
41,435
VAT
11,495
3,967
Trade creditors
332
1,292
Taxes and social security
30,478
28,916
Other creditors
-
403
Accruals
1,476
1,405
81,031
77,418
7
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Andrew Whitton
Loan to Director
45,197
16,487
-
61,684
45,197
16,487
-
61,684
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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