REGISTERED NUMBER: |
INSPIRATION WEALTH MANAGEMENT LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2023 |
REGISTERED NUMBER: |
INSPIRATION WEALTH MANAGEMENT LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2023 |
INSPIRATION WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05019296) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2023 |
Page |
Statement of Financial Position | 1 |
INSPIRATION WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05019296) |
STATEMENT OF FINANCIAL POSITION |
31 JANUARY 2023 |
2023 | 2022 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Inspiration Wealth Management Limited is a |
Registered number: |
Registered office: |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
INSPIRATION WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05019296) |
STATEMENT OF FINANCIAL POSITION - continued |
31 JANUARY 2023 |
NOTES TO THE FINANCIAL STATEMENTS |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 January 2023 and 31 January 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
As at the year end the company directors owed the company £51,203. |
The loan is repayable on demand and interest (2.5% p.a.) of £1,197 was charged by the company during the year. |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
INSPIRATION WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 05019296) |
STATEMENT OF FINANCIAL POSITION - continued |
31 JANUARY 2023 |
The financial statements were approved by the Board of Directors and authorised for issue on |