Accounts filed on 30-06-2015

INVESTMENT INSIGHT LIMITED - Company Information

trueInvestment Insight Ltd040589942015-06-3015368314440015368514440222153685144402153685144402-105311-11416011175911961464485454052506448204258996258562258996258562Basis of accounting 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 The turnover shown in the profit and loss account represents amounts invoiced during the year. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. Investment properties Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This is in accordance with the FRSSE which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.Fixed Assets All fixed assets are initially recorded at cost. Financial Instruments Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Equipment0.000026019925955764212039952082601992595576421203995208Ordinary1000110001000Ordinary12222016-01-20Mrs L Sullivantruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureInvestment Insight Ltd2014-07-012015-06-30Investment Insight Ltd2013-07-012014-06-30Investment Insight Ltd2013-06-30Investment Insight Ltd2014-06-30Investment Insight Ltd2014-06-30Investment Insight Ltd2015-06-30 2016-01-20