INSPIRATIONZ LTD

Company Registration Number:
14976734 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 03 July 2023

End date: 31 July 2024

INSPIRATIONZ LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

INSPIRATIONZ LTD

Company Information

for the Period Ended 31 July 2024




Director: Patrick Obeng
Registered office: Unit 3, Arden House
52-54 Thurston Road
London
England
SE13 7GT
Company Registration Number: 14976734 (England and Wales)

INSPIRATIONZ LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

The company's principal activity during the year continued to be bookkeeping activities.

Directors

The director(s) shown below were appointed to the company during the period
Patrick Obeng
03 July 2023

This report was approved by the board of directors on 14 March 2025
And Signed On Behalf Of The Board By:

Name: Patrick Obeng
Status: Director

INSPIRATIONZ LTD

Balance sheet

As at 31 July 2024


Notes
13 months to
31 Jul 2024
£
Fixed assets
Tangible assets: 4 1,700
Total fixed assets: 1,700
Current assets
Cash at bank and in hand: 4,050
Total current assets: 4,050
Creditors: amounts falling due within one year: 5 ( 1,498 )
Net current assets (liabilities): 2,552
Total assets less current liabilities: 4,252
Total net assets (liabilities): 4,252

The notes form part of these financial statements

INSPIRATIONZ LTD

Balance sheet continued

As at 31 July 2024


Notes
13 months to
31 Jul 2024
£
Capital and reserves
Called up share capital: 2,000
Profit and loss account: 2,252
Shareholders funds: 4,252

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 14 March 2025
And Signed On Behalf Of The Board By:

Name: Patrick Obeng
Status: Director

The notes form part of these financial statements

INSPIRATIONZ LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Fixtures, fittings, tools and equipment over 5 years

INSPIRATIONZ LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to
    31 Jul 2024
    Average number of employees during the period 1

INSPIRATIONZ LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

INSPIRATIONZ LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Office equipment Total
Cost £ £
Additions 1,700 1,700
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 1,700 1,700
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 31 July 2024 - -
Net book value
At 31 July 2024 1,700 1,700

INSPIRATIONZ LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5.Creditors: amounts falling due within one year note

13 months to
31 Jul 2024
£
Taxation and social security 528
Other creditors 970
Total 1,498