ACCOUNTS - Final Accounts preparation

Registered number: 13075541

INSIJAM LTD

Financial statements

Information for filing with the registrar

31 December 2021


INSIJAM LTD

Statement of financial position

As at 31 December 2021

		2021
Note		£

Fixed assets
Investments	3		172,950
			172,950
Current assets
Cash at bank and in hand		1
		1
Total assets less current liabilities			172,951

Net assets			172,951

Capital and reserves
Called up share capital			1
Share premium account			172,950
			172,951

For the period ended 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 November 2022.

Dr B. A. Qureshi

Director

The notes on page 3 form part of these financial statements.


INSIJAM LTD

Statement of financial position (continued)

As at 31 December 2021


INSIJAM LTD

Notes to the financial statements

For the Period Ended 31 December 2021

1.	General information

Insijam Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor, St. James Boulevard, Newcastle Upon Tyne, England, NE1 4JE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the income statement for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	172,950
	At 31 December 2021	172,950