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REGISTERED NUMBER: 08762577 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Inspired Restorations Oxford Limited

Inspired Restorations Oxford Limited (Registered number: 08762577)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Inspired Restorations Oxford Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr D De Mestre
Mrs K De Mestre





REGISTERED OFFICE: Little Warren
Noke
Oxon
OX3 9TT





REGISTERED NUMBER: 08762577 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Inspired Restorations Oxford Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inspired Restorations Oxford Limited for the year ended 30 November 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Inspired Restorations Oxford Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Inspired Restorations Oxford Limited and state those matters that we have agreed to state to the Board of Directors of Inspired Restorations Oxford Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Inspired Restorations Oxford Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Inspired Restorations Oxford Limited. You consider that Inspired Restorations Oxford Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Inspired Restorations Oxford Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Inspired Restorations Oxford Limited (Registered number: 08762577)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 15,467 1,733

CURRENT ASSETS
Stocks 13,192 36,072
Debtors 5 28,979 141
Investments 6 20,010 22,016
Cash at bank 32,069 59,218
94,250 117,447
CREDITORS
Amounts falling due within one year 7 (37,872 ) (42,327 )
NET CURRENT ASSETS 56,378 75,120
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,845

76,853

CREDITORS
Amounts falling due after more than
one year

8

(9,417

)

(15,067

)
NET ASSETS 62,428 61,786

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 62,426 61,784
62,428 61,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Inspired Restorations Oxford Limited (Registered number: 08762577)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





Mr D De Mestre - Director


Inspired Restorations Oxford Limited (Registered number: 08762577)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Inspired Restorations Oxford Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on cost and 20% on cost

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Inspired Restorations Oxford Limited (Registered number: 08762577)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 7,877
Additions 20,293
Disposals (6,520 )
At 30 November 2023 21,650
DEPRECIATION
At 1 December 2022 6,144
Charge for year 5,689
Eliminated on disposal (5,650 )
At 30 November 2023 6,183
NET BOOK VALUE
At 30 November 2023 15,467
At 30 November 2022 1,733

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 7,147 -
Other debtors 21,832 141
28,979 141

6. CURRENT ASSET INVESTMENTS
30/11/23 30/11/22
£    £   
Quoted investments 20,010 22,016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 5,650 5,650
Trade creditors 3,695 6,548
Taxation and social security 20,201 24,222
Other creditors 8,326 5,907
37,872 42,327

Inspired Restorations Oxford Limited (Registered number: 08762577)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/11/23 30/11/22
£    £   
Other creditors 9,417 15,067

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30th November 2023, the balance of the outstanding loan to the directors was £21,177. The loan is repayable on demand. Interest is being charged at HMRC's official rate.