Company Registration No. 12785561 (England and Wales)
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED
Unaudited accounts
for the year ended 31 August 2024
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED
Unaudited accounts
Contents
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
249,922
64,765
Cash at bank and in hand
14,665
170
Creditors: amounts falling due within one year
(73,289)
(24,241)
Net current liabilities
(41,124)
(4,399)
Called up share capital
1
1
Profit and loss account
208,797
60,365
Shareholders' funds
208,798
60,366
For the year ending 31 August 2024 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 her 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 16 December 2024 and were signed on its behalf by
L Bucknell
Director
Company Registration No. 12785561
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED
Notes to the Accounts
for the year ended 31 August 2024
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12785561. The registered office is 8 CHEVELEY ROAD, SAXON STREET, NEWMARKET, CB8 9RN, ENGLAND.
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 year, 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.
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 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:
Land & buildings
2% Straight Line
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
-
64,000
4,150
1,307
69,457
Additions
198,401
-
-
4,725
203,126
At 31 August 2024
198,401
64,000
4,150
6,032
272,583
At 1 September 2023
-
2,667
911
1,114
4,692
Charge for the year
110
16,000
1,038
821
17,969
At 31 August 2024
110
18,667
1,949
1,935
22,661
At 31 August 2024
198,291
45,333
2,201
4,097
249,922
At 31 August 2023
-
61,333
3,239
193
64,765
INSPIRE SOCIAL CARE SERVICES (NEWMARKET) LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due after more than one year
Other debtors
17,500
19,672
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,672
Taxes and social security
50,809
20,569
Loans from directors
22,480
-
7
Average number of employees
During the year the average number of employees was 42 (2023: 38).