Abbreviated Company Accounts - INSITE HOLDCO LIMITED

INSITE HOLDCO LIMITED - Company Information

09107226 INSITE HOLDCO LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 09107226 2015-07-01 2016-06-30 09107226 2016-06-30 09107226 2015-06-30 09107226 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 09107226 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-30 iso4217:GBP shares

Registered Number 09107226

INSITE HOLDCO LIMITED

Abbreviated Accounts

30 June 2016

INSITE HOLDCO LIMITED Registered Number 09107226

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	100	100
		100	100
Current assets
Debtors	3	295,694	205,333
Cash at bank and in hand		3,465	-
		299,159	205,333
Creditors: amounts falling due within one year		(113,931)	(39,356)
Net current assets (liabilities)		185,228	165,977
Total assets less current liabilities		185,328	166,077
Creditors: amounts falling due after more than one year		(222,334)	(189,904)
Total net assets (liabilities)		(37,006)	(23,827)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(37,106)	(23,927)
Shareholders' funds		(37,006)	(23,827)

For the year ending 30 June 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 March 2017

And signed on their behalf by:
Mr P E Tuch, Director

INSITE HOLDCO LIMITED Registered Number 09107226

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents amounts recharged to other group companies during the period, exclusive of Value Added Tax.

Other accounting policies
Going Concern - The company has net liabilities largely due to loans provided by the shareholders. The shareholders have confirmed that they will continue to support the business for a period of at least twelve months from the date of signing the accounts & consequently they have been prepared on a going concern basis.

Consolidation - In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

2Fixed assets Investments
The company owns 50% of the issued share capital of the company listed below,
Aggregate capital and reserves
Insite Energy Limited: (2016: £1,963,428) (2015: £1,624,223)
Profit and (loss) for the year
Insite Energy Limited: (2016: £339,205) (2015: £592,736)

3Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	241,382	186,307

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10,000 Ordinary shares of £0.01 each (0 shares for 2015)	100	0
0 Ordinary shares of £1 each (100 shares for 2015)	0	100