Property Insight Limited 31/12/2020 iXBRL


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Company registration number: 04041429
Property Insight Limited
Unaudited filleted financial statements
31 December 2020
Property Insight Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Property Insight Limited
Directors and other information
Directors Mrs Rebecca L Fifield
Mr Edward G Fifield
Secretary Mrs Rebecca L Fifield
Company number 04041429
Registered office No. 1 Royal Mews
Gadbrook Park, Rudeath
Northwich
Cheshire
CW9 7UD
Business address No. 1 Royal Mews
Gadbrook Park, Rudheath
Northwich
Cheshire
CW9 7UD
Accountants Forshaws Accountants Limited
Crossens Way
Southport
Merseyside
PR9 9LY
Property Insight Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Property Insight Limited
Year ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Property Insight Limited for the year ended 31 December 2020 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance.
This report is made solely to the board of directors of Property Insight Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Property Insight Limited and state those matters that we have agreed to state to the board of directors of Property Insight Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Property Insight Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Property Insight Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Property Insight Limited. You consider that Property Insight Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Property Insight Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Forshaws Accountants Limited
Chartered Accountants
Crossens Way
Southport
Merseyside
PR9 9LY
28 September 2021
Property Insight Limited
Statement of financial position
31 December 2020
2020 2019
£ £
Fixed assets 40 114
_______ _______
Current assets 1,853 581
Creditors: amounts falling due within one year ( 662) ( 73)
_______ _______
Net current assets 1,191 508
_______ _______
Total assets less current liabilities 1,231 622
Provisions for liabilities - 14
Accruals and deferred income ( 1,106) ( 553)
_______ _______
Net assets 125 83
_______ _______
Capital and reserves 125 83
_______ _______
Notes to the financial statements
Property Insight Limited
Year ended 31 December 2020
1. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs Rebecca L Fifield 209 2,521 ( 2,690) 40
_______ _______ _______ _______
2019
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mrs Rebecca L Fifield ( 369) 1,328 ( 750) 209
_______ _______ _______ _______
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 28 September 2021 , and are signed on behalf of the board by:
Mrs Rebecca L Fifield
Director
Company registration number: 04041429
The company is a private company limited by shares, registered in England.