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Company Registration No. 12459032 (England and Wales)
INSPIRATION EDUCATION LTD Unaudited accounts for the year ended 28 February 2023
INSPIRATION EDUCATION LTD Unaudited accounts Contents
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INSPIRATION EDUCATION LTD Company Information for the year ended 28 February 2023
Directors
Kwong Chun Chan Lea Ophra Mueller
Company Number
12459032 (England and Wales)
Registered Office
35 PIER ROAD LONDON E16 2LH ENGLAND
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INSPIRATION EDUCATION LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
795 
1,589 
Current assets
Debtors
665 
9,666 
Cash at bank and in hand
13,116 
4,657 
13,781 
14,323 
Creditors: amounts falling due within one year
(38,770)
(42,870)
Net current liabilities
(24,989)
(28,547)
Net liabilities
(24,194)
(26,958)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(24,196)
(26,960)
Shareholders' funds
(24,194)
(26,958)
For the year ending 28 February 2023 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 28 November 2023 and were signed on its behalf by
Kwong Chun Chan Director Company Registration No. 12459032
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INSPIRATION EDUCATION LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
INSPIRATION EDUCATION LTD is a private company, limited by shares, registered in England and Wales, registration number 12459032. The registered office is 35 PIER ROAD, LONDON, E16 2LH, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Straight line basis over 4 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
3,179 
At 28 February 2023
3,179 
Depreciation
At 1 March 2022
1,590 
Charge for the year
794 
At 28 February 2023
2,384 
Net book value
At 28 February 2023
795 
At 28 February 2022
1,589 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
665 
4,720 
Other debtors
- 
4,946 
665 
9,666 
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INSPIRATION EDUCATION LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
38,660 
42,860 
Accruals
110 
10 
38,770 
42,870 
7
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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