Insight Out Solutions Limited - Period Ending 2021-12-31

Insight Out Solutions Limited - Period Ending 2021-12-31


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Registration number: 09276074

Insight Out Solutions Limited

trading as i-intro

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2021

 

Insight Out Solutions Limited

trading as i-intro

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Insight Out Solutions Limited

trading as i-intro

Company Information

Directors

Mr Plamen Ivanoff

Mr Paul Leonard Hickey

Company secretary

Mr Plamen Ivanoff

Registered office

The Waterscape
42 Leeds and Bradford Road
Kirkstall
Leeds
West Yorkshire
LS5 3EG

 

Insight Out Solutions Limited

trading as i-intro

(Registration number: 09276074)
Balance Sheet as at 31 December 2021

2021
£

2020
£

Fixed assets

1,762

2,660

Current assets

113,219

115,283

Creditors: Amounts falling due within one year

(376,887)

(148,104)

Net current liabilities

(263,668)

(32,821)

Total assets less current liabilities

(261,906)

(30,161)

Creditors: Amounts falling due after more than one year

(34,167)

(332,462)

Accruals and deferred income

(123,719)

(57,337)

 

(419,792)

(419,960)

Capital and reserves

(419,792)

(419,960)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Waterscape
42 Leeds and Bradford Road
Kirkstall
Leeds
West Yorkshire
LS5 3EG
United Kingdom

These financial statements were authorised for issue by the Board on 23 September 2022.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2020 - 7).

 

Insight Out Solutions Limited

trading as i-intro

(Registration number: 09276074)
Balance Sheet as at 31 December 2021

3

Related party transactions

Transactions with directors

2021

At 1 January 2021
£

Advances to director
£

At 31 December 2021
£

Mr Plamen Ivanoff

The director has received a short term interest free loan.

5,827

1,227

7,054

       
     

Mr Paul Leonard Hickey

The director has received a short term interest free loan.

-

1,028

1,028

       
     

 

2020

At 1 January 2020
£

Advances to director
£

Repayments by director
£

At 31 December 2020
£

Mr Plamen Ivanoff

The director has received a short term interest free loan.

5,267

5,827

(5,267)

5,827

         
       

 

For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 23 September 2022 and signed on its behalf by:
 

.........................................
Mr Paul Leonard Hickey
Director