Company Registration No. 11410947 (England and Wales)
INSENTURE UNDERWRITING SERVICES LIMITED
Unaudited accounts
for the year ended 31 December 2022
INSENTURE UNDERWRITING SERVICES LIMITED
Unaudited accounts
Contents
INSENTURE UNDERWRITING SERVICES LIMITED
Company Information
for the year ended 31 December 2022
Directors
Lloyd Allen
Anthony Dennis Martin Allen
Graeme Auld
Company Number
11410947 (England and Wales)
Registered Office
1st Floor
94-102 Highstreet
Hampton Hill
TW12 1NY
Accountants
Addition Financial Limited
Addition at
1 Lyric Square
Hammersmith
London
W6 0NB
INSENTURE UNDERWRITING SERVICES LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
12,678
13,446
Cash at bank and in hand
1,255,253
1,504,443
Creditors: amounts falling due within one year
(1,041,865)
(1,244,444)
Net current assets
343,771
316,426
Total assets less current liabilities
356,449
329,872
Creditors: amounts falling due after more than one year
(140,580)
(193,606)
Net assets
215,869
136,266
Called up share capital
1,000
1,000
Capital redemption reserve
26,350
26,350
Profit and loss account
188,519
108,916
Shareholders' funds
215,869
136,266
For the 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. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2023 and were signed on its behalf by
Lloyd Allen
Director
Company Registration No. 11410947
INSENTURE UNDERWRITING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 December 2022
INSENTURE UNDERWRITING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11410947. The registered office is 1st Floor, 94-102 Highstreet, Hampton Hill, TW12 1NY.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Computer Equipment 33% and Fixtures & Fittings 25%
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
10,896
11,578
22,474
Additions
2,233
3,183
5,416
At 31 December 2022
13,129
14,761
27,890
At 1 January 2022
3,877
5,151
9,028
Charge for the year
2,168
4,016
6,184
At 31 December 2022
6,045
9,167
15,212
At 31 December 2022
7,084
5,594
12,678
At 31 December 2021
7,019
6,427
13,446
Amounts falling due within one year
Accrued income and prepayments
116,003
44,672
Other debtors
14,380
11,755
INSENTURE UNDERWRITING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 December 2022
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
989,914
19,324
Taxes and social security
13,501
19,750
Other creditors
3,450
1,107,046
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Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
104,930
148,930
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Average number of employees
During the year the average number of employees was 17 (2021: 14).
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Reconciliations on adoption of FRS 102