Company Registration No. 11369482 (England and Wales)
Inspire Party Hire Ltd
Unaudited accounts
for the period from 1 June 2022 to 31 March 2023
Inspire Party Hire Ltd
Unaudited accounts
Contents
Inspire Party Hire Ltd
Company Information
for the period from 1 June 2022 to 31 March 2023
Director
Shamar - Lee Wilson
Company Number
11369482 (England and Wales)
Registered Office
53 MANOR ROAD
LONDON
E10 7AL
UNITED KINGDOM
Accountants
NRM Accountancy Services Ltd
70 Wood Street
Walthamstow
London
E17 3HT
Inspire Party Hire Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
19,309
21,221
Creditors: amounts falling due within one year
(40,010)
(40,445)
Net current liabilities
(40,010)
(40,445)
Net liabilities
(20,701)
(19,224)
Called up share capital
1
1
Profit and loss account
(20,702)
(19,225)
Shareholders' funds
(20,701)
(19,224)
For the period ending 31 March 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 director acknowledges his 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 and authorised for issue on 23 January 2024 and were signed on its behalf by
Shamar - Lee Wilson
Director
Company Registration No. 11369482
Inspire Party Hire Ltd
Notes to the Accounts
for the period from 1 June 2022 to 31 March 2023
Inspire Party Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 11369482. The registered office is 53 MANOR ROAD, LONDON, E10 7AL, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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:
Motor vehicles
18% reducing balance basis
Fixtures & fittings
18% reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
18,300
20,815
39,115
At 31 March 2023
18,300
20,815
39,115
At 1 June 2022
8,210
9,684
17,894
Charge for the period
950
962
1,912
At 31 March 2023
9,160
10,646
19,806
At 31 March 2023
9,140
10,169
19,309
At 31 May 2022
10,090
11,131
21,221
Inspire Party Hire Ltd
Notes to the Accounts
for the period from 1 June 2022 to 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
825
894
Obligations under finance leases and hire purchase contracts
12,951
13,692
Loans from directors
25,874
25,499
6
Average number of employees
During the period the average number of employees was 0 (2022: 0).