Company Registration No. 6229375 (England and Wales)
INSPIRE2COACH LIMITED
Unaudited accounts
for the period from 1 January 2022 to 30 June 2023
INSPIRE2COACH LIMITED
Unaudited accounts
Contents
INSPIRE2COACH LIMITED
Company Information
for the period from 1 January 2022 to 30 June 2023
Directors
Mr R Marklow
Mr M Tennant
Company Number
6229375 (England and Wales)
Registered Office
41 Stanley Road
Rugby
Warwickshire
CV21 3UE
United Kingdom
Accountants
FITZPATRICK OWEN ASSOCIATES LTD
41 Stanley Road
Rugby
Warwickshire
CV21 3UE
INSPIRE2COACH LIMITED
Statement of financial position
as at 30 June 2023
Intangible assets
24,750
24,750
Tangible assets
3,769
3,209
Cash at bank and in hand
82,731
126,842
Creditors: amounts falling due within one year
(246,730)
(162,605)
Net current assets
3,182
30,806
Total assets less current liabilities
31,701
58,765
Creditors: amounts falling due after more than one year
(106,187)
(47,796)
Net (liabilities)/assets
(74,486)
10,969
Called up share capital
1,000
1,000
Profit and loss account
(75,486)
9,969
Shareholders' funds
(74,486)
10,969
For the period ending 30 June 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 18 December 2023 and were signed on its behalf by
Mr R Marklow
Director
Company Registration No. 6229375
INSPIRE2COACH LIMITED
Notes to the Accounts
for the period from 1 January 2022 to 30 June 2023
INSPIRE2COACH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6229375. The registered office is 41 Stanley Road, Rugby, Warwickshire, CV21 3UE, 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:
Plant & machinery
33% reducing balance
4
Intangible fixed assets
Goodwill
At 31 December 2021
24,750
INSPIRE2COACH LIMITED
Notes to the Accounts
for the period from 1 January 2022 to 30 June 2023
5
Tangible fixed assets
Plant & machinery
Charge for the period
3,043
Amounts falling due within one year
Trade debtors
47,565
53,162
Amounts due from group undertakings etc.
9,046
-
Accrued income and prepayments
55,982
13,407
7
Creditors: amounts falling due within one year
2023
2021
Bank loans and overdrafts
42,411
6,210
Trade creditors
68,954
47,384
Amounts owed to group undertakings and other participating interests
17,562
59
Taxes and social security
20,055
25,196
Other creditors
18,236
21,317
Loans from directors
-
1,532
Deferred income
11,209
18,535
8
Creditors: amounts falling due after more than one year
2023
2021
Other creditors
2,705
6,636
INSPIRE2COACH LIMITED
Notes to the Accounts
for the period from 1 January 2022 to 30 June 2023
9
Average number of employees
During the period the average number of employees was 11 (2021: 11).