Business Insights Group Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04991168 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Business Insights Group Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Business Insights Group Limited for the year ended 31 December 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the 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 icaew.com/membershandbook.

This report is made solely to the Board of Directors of Business Insights Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Business Insights Group Limited and state those matters that we have agreed to state to the Board of Directors of Business Insights Group Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Business Insights Group 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 Business Insights Group Limited. You consider that Business Insights Group 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 Business Insights Group

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.

Sterlings Accountancy Solutions Limited

111 High Road

Billericay

Essex

CM12 9AJ

24 September 2015

Page

Chartered Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

3,665

4,795

Investments

4

200

200

3,865

4,995

CURRENT ASSETS

Debtors

136,280

152,232

Cash at bank

453,019

471,160

589,299

623,392

CREDITORS

Amounts falling due within one year

309,793

348,626

NET CURRENT ASSETS

279,506

274,766

TOTAL ASSETS LESS CURRENT LIABILITIES

283,371

279,761

CAPITAL AND RESERVES

Called up share capital

5

50,000

50,000

Profit and loss account

233,371

229,761

SHAREHOLDERS' FUNDS

283,371

279,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the board the Board of Directors on 23 September 2015 and were signed on its behalf by:

S J Barker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

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

-

Straight line over 3 years

Plant and machinery etc

-

Straight line over 4 years and Straight line over 2 years

Deferred taxation

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

1,500

AMORTISATION

At 1 January 2014

and 31 December 2014

1,500

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

34,162

Additions

4,208

At 31 December 2014

38,370

DEPRECIATION

At 1 January 2014

29,367

Charge for year

5,338

At 31 December 2014

34,705

NET BOOK VALUE

At 31 December 2014

3,665

At 31 December 2013

4,795

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

and 31 December 2014

200

NET BOOK VALUE

At 31 December 2014

200

At 31 December 2013

200

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

Jivemanor Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

31.12.14

31.12.13

£

£

Aggregate capital and reserves

100

100

Logicdrive Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

31.12.14

31.12.13

£

£

Aggregate capital and reserves

100

100

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

50,000

Ordinary

£1

50,000

50,000