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Inspired Property Hub Limited
Registered Number:11658989
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Inspired Property Hub Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11658989
As at 31 March 2024
Inspired Property Hub Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
6,768
7,876
2
6,768
7,876
Current assets
2,303
Cash and cash equivalents
5,875
5,875
2,303
Trade and other payables: amounts falling due within one
year
(113,064)
(106,492)
3
(110,761)
(100,617)
Net current liabilities
Total assets less current liabilities
(93,849)
(102,885)
Trade and other payables: amounts falling due after more
than one year
(14,404)
(10,591)
4
(104,440)
Net liabilities
(117,289)
Capital and reserves
Called up share capital
100
100
Retained earnings
(104,540)
(117,389)
(104,440)
(117,289)
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Allan Christopher Knight Director
These financial statements were approved and authorised for issue by the Board on 03 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Inspired Property Hub Limited
Notes to the Financial Statements
Statutory Information
Inspired Property Hub Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11658989.
Registered address:
2-6 Sedlescombe Road North
St Leonards on Sea
East Sussex
TN37 7DG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 April 2023
28,004
1,147
Additions
At 31 March 2024
29,151
Provision for depreciation and impairment
At 01 April 2023
20,128
Charge for year
2,255
At 31 March 2024
22,383
At 31 March 2024
Net book value
6,768
At 31 March 2023
7,876
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
41,717
30,245
Other creditors
64,775
82,819
106,492
113,064
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5
For the year ended 31 March 2024
Inspired Property Hub Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
10,591
14,404
5. Related party transactions
At the year end, the director was owed £64,775 (2023: £82,819).
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
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