Insight Out Solutions Limited - Period Ending 2022-12-31

Insight Out Solutions Limited

trading as i-intro

(Registration number: 09276074)
Balance Sheet as at 31 December 2022

	2022 £	2021 £
Fixed assets	995	1,762
Current assets	120,265	113,219
Prepayments and accrued income	4,000	-
Creditors: Amounts falling due within one year	(307,943)	(376,887)
Net current liabilities	(183,678)	(263,668)
Total assets less current liabilities	(182,683)	(261,906)
Creditors: Amounts falling due after more than one year	(126,560)	(34,167)
Accruals and deferred income	(111,334)	(123,719)
	(420,577)	(419,792)
Capital and reserves	(420,577)	(419,792)

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 13 June 2023.

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 6 (2021 - 8).

Insight Out Solutions Limited

trading as i-intro

(Registration number: 09276074)
Balance Sheet as at 31 December 2022

3	Related party transactions

Transactions with directors

2022	At 1 January 2022 £	Repayments by director £	At 31 December 2022 £
Mr Paul Leonard Hickey
The director has received a short term interest free loan.	1,028	(1,028)	-
Mr Plamen Ivanoff
The director has received a short term interest free loan.	7,054	(7,054)	-

2021	At 1 January 2021 £	Advances to director £	At 31 December 2021 £
Mr Paul Leonard Hickey
The director has received a short term interest free loan.	-	1,028	1,028
Mr Plamen Ivanoff
The director has received a short term interest free loan.	5,827	1,227	7,054

For the financial year ending 31 December 2022 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 13 June 2023 and signed on its behalf by:
 

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