Webinsight Limited - Accounts

Webinsight Limited - Accounts

WEBINSIGHT LIMITED - Company Information

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Webinsight Limited 03374011 computer training and consultancy services false 1 June 2016 03374011 2016-06-01 2017-05-31 03374011 2016-05-31 03374011 2017-05-31 03374011 2015-06-01 2016-05-31 03374011 2015-05-31 03374011 2016-05-31 03374011 frs102-bus:FRS102 2016-06-01 2017-05-31 03374011 frs102-bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31 03374011 frs102-bus:FullAccounts 2016-06-01 2017-05-31 03374011 frs102-bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 03374011 frs102-core:CurrentFinancialInstruments 2017-05-31 03374011 frs102-core:CurrentFinancialInstruments 2016-05-31 03374011 frs102-core:ShareCapital 2017-05-31 03374011 frs102-core:ShareCapital 2016-05-31 03374011 frs102-core:RetainedEarningsAccumulatedLosses 2017-05-31 03374011 frs102-core:RetainedEarningsAccumulatedLosses 2016-05-31 03374011 frs102-bus:Director1 2016-06-01 2017-05-31 03374011 frs102-core:ComputerEquipment 2016-06-01 2017-05-31 03374011 frs102-core:ComputerEquipment 2016-05-31 03374011 frs102-core:ComputerEquipment 2017-05-31 03374011 frs102-core:ComputerEquipment 2016-05-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
03374011
Webinsight Limited
Unaudited Accounts
for the year ended
31 May 2017
Webinsight Limited
Balance Sheet
as at 31 May 2017
Notes
 2017
£		 2016
£
Fixed assets
Tangible assets 2 93 186
93 186
Current assets
Debtors 870 0
Cash at bank and in hand 3,940 623
4,810 623
Creditors: amounts falling due within one year (12,716) (12,053)
Net current assets / (liabilities) (7,906) (11,430)
Total assets less current liabilities (7,813) (11,244)
Total net assets (liabilities) (7,813) (11,244)
Capital and reserves
Called up share capital 1 1
Profit and loss account (7,814) (11,245)
Shareholders' funds (7,813) (11,244)

Webinsight Limited
Balance Sheet
as at 31 May 2017



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 May 2017 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.

Signed on behalf of the board of directors

...............................

Mr S Humby

Director


Approved by the board on 16 February 2018

Company No: 03374011 (England and Wales)


Webinsight Limited
Notes to the Accounts
for the year ended 31 May 2017

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Changes in accounting standards, policies and estimates
The transition to a new accounting standard has resulted to some changes in the accounting policies. The nature of these changes, and any impact on the values displayed for the comparative period, are explained in the notes below where applicable.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 25% Straight Line
2. Tangible fixed assets
Computer equipment Total
Cost or valuation £ £
At 1 June 2016 7,504 7,504
At 31 May 2017 7,504 7,504
Depreciation
At 1 June 2016 7,318 7,318
Charge for the period 93 93
At 31 May 2017 7,411 7,411
Net book value
At 31 May 2017 93 93
At 31 May 2016 186 186