IRIS Accounts Production v24.3.0.553 09139723 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091397232022-03-31091397232023-03-31091397232022-04-012023-03-31091397232021-03-31091397232021-04-012022-03-31091397232022-03-3109139723ns15:EnglandWales2022-04-012023-03-3109139723ns14:PoundSterling2022-04-012023-03-3109139723ns10:Director12022-04-012023-03-3109139723ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109139723ns10:SmallEntities2022-04-012023-03-3109139723ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109139723ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109139723ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3109139723ns10:FullAccounts2022-04-012023-03-310913972312022-04-012023-03-3109139723ns10:RegisteredOffice2022-04-012023-03-3109139723ns5:CurrentFinancialInstruments2023-03-3109139723ns5:CurrentFinancialInstruments2022-03-3109139723ns5:ShareCapital2023-03-3109139723ns5:ShareCapital2022-03-3109139723ns5:SharePremium2023-03-3109139723ns5:SharePremium2022-03-3109139723ns5:RetainedEarningsAccumulatedLosses2023-03-3109139723ns5:RetainedEarningsAccumulatedLosses2022-03-3109139723ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-04-012023-03-3109139723ns5:PlantMachinery2022-04-012023-03-3109139723ns5:IntangibleAssetsOtherThanGoodwill2022-03-3109139723ns5:IntangibleAssetsOtherThanGoodwill2023-03-3109139723ns5:IntangibleAssetsOtherThanGoodwill2022-03-3109139723ns5:PlantMachinery2022-03-3109139723ns5:PlantMachinery2023-03-3109139723ns5:PlantMachinery2022-03-3109139723ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3109139723ns5:WithinOneYearns5:CurrentFinancialInstruments2022-03-31091397231ns10:Director12022-03-31091397231ns10:Director12021-03-31091397231ns10:Director12022-04-012023-03-31091397231ns10:Director12021-04-012022-03-31091397231ns10:Director12023-03-31091397231ns10:Director12022-03-31
REGISTERED NUMBER: 09139723 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Inspire Vivariums Ltd

Inspire Vivariums Ltd (Registered number: 09139723)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Inspire Vivariums Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: L G White





REGISTERED OFFICE: 4 The Beeches
Tickton
Beverley
East Yorkshire
HU17 9RL





REGISTERED NUMBER: 09139723 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Inspire Vivariums Ltd (Registered number: 09139723)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 44,654 44,654
Tangible assets 5 3,935 4,235
48,589 48,889

CURRENT ASSETS
Stocks 24,726 23,599
Debtors 6 54,604 173,425
Cash at bank 612 2,946
79,942 199,970
CREDITORS
Amounts falling due within one year 7 369,415 436,167
NET CURRENT LIABILITIES (289,473 ) (236,197 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(240,884

)

(187,308

)

CAPITAL AND RESERVES
Called up share capital 200 200
Share premium 59,905 59,905
Retained earnings (300,989 ) (247,413 )
SHAREHOLDERS' FUNDS (240,884 ) (187,308 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Inspire Vivariums Ltd (Registered number: 09139723)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2024 and were signed by:





L G White - Director


Inspire Vivariums Ltd (Registered number: 09139723)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Inspire Vivariums Ltd 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.

Research and development
Research and development assets are initially measured at cost.

After initial recognition, they will be measured at cost less any accumulated amortisation and/or any accumulated impairment losses.

Development costs are being reviewed on an annual basis for impairment and will be adjusted accordingly as necessary.

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 - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 ) .

Inspire Vivariums Ltd (Registered number: 09139723)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 44,654
NET BOOK VALUE
At 31 March 2023 44,654
At 31 March 2022 44,654

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 6,724
DEPRECIATION
At 1 April 2022 2,489
Charge for year 300
At 31 March 2023 2,789
NET BOOK VALUE
At 31 March 2023 3,935
At 31 March 2022 4,235

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 54,604 173,425

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,898 5,217
Taxation and social security 8,017 32,450
Other creditors 357,500 398,500
369,415 436,167

Inspire Vivariums Ltd (Registered number: 09139723)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
L G White
Balance outstanding at start of year 154,419 133,103
Amounts advanced 26,983 33,838
Amounts repaid (126,798 ) (12,522 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54,604 154,419

9. RELATED PARTY DISCLOSURES

Outwood Investments Limited

At 31st March 2023 the company owed £356,600 (2022: £397,600) to Outwood Investments Limited. The loan is interest free and repayable upon demand. R Worrell is a shareholder of both companies.

10. ULTIMATE CONTROLLING PARTY

No one individual controls the company.