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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
Page
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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
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INSPIRE2COACH LIMITED Statement of financial position as at 30 June 2023
2023 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
24,750 
24,750 
Tangible assets
3,769 
3,209 
28,519 
27,959 
Current assets
Inventories
13,544 
- 
Debtors
153,637 
66,569 
Cash at bank and in hand
82,731 
126,842 
249,912 
193,411 
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 
Capital and reserves
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
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INSPIRE2COACH LIMITED Notes to the Accounts for the period from 1 January 2022 to 30 June 2023
1
Statutory information
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.
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 period, 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:
Plant & machinery
33% reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2022
24,750 
At 30 June 2023
24,750 
Amortisation
At 1 January 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
24,750 
At 31 December 2021
24,750 
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INSPIRE2COACH LIMITED Notes to the Accounts for the period from 1 January 2022 to 30 June 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
8,034 
Additions
3,603 
At 30 June 2023
11,637 
Depreciation
At 1 January 2022
4,825 
Charge for the period
3,043 
At 30 June 2023
7,868 
Net book value
At 30 June 2023
3,769 
At 31 December 2021
3,209 
6
Debtors
2023 
2021 
£ 
£ 
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 
Other debtors
41,044 
- 
153,637 
66,569 
7
Creditors: amounts falling due within one year
2023 
2021 
£ 
£ 
Bank loans and overdrafts
42,411 
6,210 
VAT
37,821 
31,054 
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 
Accruals
30,482 
11,318 
Deferred income
11,209 
18,535 
246,730 
162,605 
8
Creditors: amounts falling due after more than one year
2023 
2021 
£ 
£ 
Bank loans
103,482 
41,160 
Other creditors
2,705 
6,636 
106,187 
47,796 
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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).
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