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REGISTERED NUMBER: 07193892 (England and Wales)












INSPIRE WEALTH SOLUTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






INSPIRE WEALTH SOLUTIONS LTD (REGISTERED NUMBER: 07193892)






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




Page

Balance Sheet 1 to 2

Chartered Certified Accountants' Report 3

INSPIRE WEALTH SOLUTIONS LTD (REGISTERED NUMBER: 07193892)

BALANCE SHEET
30 APRIL 2024

2024 2023
£    £    £    £   
FIXED ASSETS 47,395 68,745

CURRENT ASSETS 141,871 155,469

CREDITORS
Amounts falling due within one year (25,326 ) (28,474 )
NET CURRENT ASSETS 116,545 126,995
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,940

195,740

CREDITORS
Amounts falling due after more than one
year

6,499

12,500
NET ASSETS 157,441 183,240

CAPITAL AND RESERVES 157,441 183,240

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Inspire Wealth Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07193892

Registered office: 3 St. Marys Lane
Burghill
Hereford
Herefordshire
HR4 7QL

2. AVERAGE NUMBER OF EMPLOYEES

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

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr A L Bennetts
Balance outstanding at start of year 33,413 23,978
Amounts advanced 56,691 61,490
Amounts repaid (65,234 ) (52,055 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,870 33,413

INSPIRE WEALTH SOLUTIONS LTD (REGISTERED NUMBER: 07193892)

BALANCE SHEET - continued
30 APRIL 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

These advances and credits were unsecured and repayable on demand. Interest has been paid at the statutory rate. The above amounts represent an aggregate summary of all the amounts advanced to the director.

4. OFF-BALANCE SHEET ARRANGEMENTS

At 30 April 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £2,032 (2023: £2,108).



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 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.

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

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





Mr A L Bennetts - Director


CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
INSPIRE WEALTH SOLUTIONS LTD

The following reproduces the text of the report prepared for the director 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 is 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 Inspire Wealth Solutions Ltd for the year ended 30 April 2024 which comprise the Profit and Loss Account, Balance Sheet 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 director of Inspire Wealth Solutions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Inspire Wealth Solutions Ltd and state those matters that we have agreed to state to the director of Inspire Wealth Solutions Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Inspire Wealth Solutions Ltd 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 Inspire Wealth Solutions Ltd. You consider that Inspire Wealth Solutions Ltd 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 Inspire Wealth Solutions Ltd. 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.






Lockett & Co
Chartered Certified Accountants
Shelton House
Coningsby Street
Hereford
Herefordshire
HR1 2DY


27 January 2025