IRIS Accounts Production v24.1.0.578 08469322 director 1.5.23 30.4.24 30.4.24 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084693222023-04-30084693222024-04-30084693222023-05-012024-04-30084693222022-04-30084693222022-05-012023-04-30084693222023-04-3008469322ns15:EnglandWales2023-05-012024-04-3008469322ns14:PoundSterling2023-05-012024-04-3008469322ns10:Director12023-05-012024-04-3008469322ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008469322ns10:SmallEntities2023-05-012024-04-3008469322ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008469322ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008469322ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008469322ns10:FullAccounts2023-05-012024-04-300846932212023-05-012024-04-3008469322ns10:RegisteredOffice2023-05-012024-04-3008469322ns5:CurrentFinancialInstruments2024-04-3008469322ns5:CurrentFinancialInstruments2023-04-3008469322ns5:ShareCapital2024-04-3008469322ns5:ShareCapital2023-04-3008469322ns5:RetainedEarningsAccumulatedLosses2024-04-3008469322ns5:RetainedEarningsAccumulatedLosses2023-04-3008469322ns5:NetGoodwill2023-05-012024-04-3008469322ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008469322ns5:MotorVehicles2023-05-012024-04-3008469322ns5:ComputerEquipment2023-05-012024-04-3008469322ns5:NetGoodwill2023-04-3008469322ns5:NetGoodwill2024-04-3008469322ns5:NetGoodwill2023-04-3008469322ns5:MotorVehicles2023-04-3008469322ns5:ComputerEquipment2023-04-3008469322ns5:MotorVehicles2024-04-3008469322ns5:ComputerEquipment2024-04-3008469322ns5:MotorVehicles2023-04-3008469322ns5:ComputerEquipment2023-04-30
REGISTERED NUMBER: 08469322 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

YOU INSPIRE LTD

YOU INSPIRE LTD (REGISTERED NUMBER: 08469322)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


YOU INSPIRE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Ms S Batley





REGISTERED OFFICE: 6 Quincy Close
Bramcote
Nuneaton
Warwickshire
CV11 6AY





REGISTERED NUMBER: 08469322 (England and Wales)





ACCOUNTANTS: Ades Askews
33 Coton Road
Nuneaton
Warwickshire
CV11 5TW

YOU INSPIRE LTD (REGISTERED NUMBER: 08469322)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 42,431 2,489
42,431 2,489

CURRENT ASSETS
Cash at bank 193,797 249,062

CREDITORS
Amounts falling due within one year 6 38,875 48,348
NET CURRENT ASSETS 154,922 200,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,353

203,203

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 197,352 203,202
SHAREHOLDERS' FUNDS 197,353 203,203

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 25 January 2025 and were signed by:





Ms S Batley - Director


YOU INSPIRE LTD (REGISTERED NUMBER: 08469322)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

You Inspire 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

YOU INSPIRE LTD (REGISTERED NUMBER: 08469322)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 30,000
AMORTISATION
At 1 May 2023
and 30 April 2024 30,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 21,938 3,298 25,236
Additions 54,123 - 54,123
At 30 April 2024 76,061 3,298 79,359
DEPRECIATION
At 1 May 2023 19,794 2,953 22,747
Charge for year 14,067 114 14,181
At 30 April 2024 33,861 3,067 36,928
NET BOOK VALUE
At 30 April 2024 42,200 231 42,431
At 30 April 2023 2,144 345 2,489

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax (3,859 ) 15,752
Social security and other taxes - 533
VAT 4,717 5,641
Directors' current accounts 36,073 24,569
Accrued expenses 1,944 1,853
38,875 48,348

7. ULTIMATE CONTROLLING PARTY

The company is controlled by Ms S Batley the director of the company who owns 100% of the issued share capital.