Acorah Software Products - Accounts Production 16.2.850 false true false 25 July 2023 31 July 2024 31 July 2024 15026249 Mr David Ash iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15026249 2023-07-24 15026249 2024-07-31 15026249 2023-07-25 2024-07-31 15026249 frs-core:CurrentFinancialInstruments 2024-07-31 15026249 frs-core:Non-currentFinancialInstruments 2024-07-31 15026249 frs-core:ComputerEquipment 2024-07-31 15026249 frs-core:ComputerEquipment 2023-07-25 2024-07-31 15026249 frs-core:ComputerEquipment 2023-07-24 15026249 frs-core:MotorVehicles 2024-07-31 15026249 frs-core:MotorVehicles 2023-07-25 2024-07-31 15026249 frs-core:MotorVehicles 2023-07-24 15026249 frs-core:PlantMachinery 2024-07-31 15026249 frs-core:PlantMachinery 2023-07-25 2024-07-31 15026249 frs-core:PlantMachinery 2023-07-24 15026249 frs-core:ShareCapital 2024-07-31 15026249 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15026249 frs-bus:PrivateLimitedCompanyLtd 2023-07-25 2024-07-31 15026249 frs-bus:FilletedAccounts 2023-07-25 2024-07-31 15026249 frs-bus:SmallEntities 2023-07-25 2024-07-31 15026249 frs-bus:AuditExempt-NoAccountantsReport 2023-07-25 2024-07-31 15026249 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-25 2024-07-31 15026249 frs-bus:Director1 2023-07-25 2024-07-31 15026249 frs-countries:EnglandWales 2023-07-25 2024-07-31
Registered number: 15026249
Inspire Distribution Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Whole Life Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15026249
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 41,428
41,428
CURRENT ASSETS
Debtors 5 65,509
Cash at bank and in hand 52,206
117,715
Creditors: Amounts Falling Due Within One Year 6 (26,035 )
NET CURRENT ASSETS (LIABILITIES) 91,680
TOTAL ASSETS LESS CURRENT LIABILITIES 133,108
Creditors: Amounts Falling Due After More Than One Year 7 (114,461 )
NET ASSETS 18,647
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account 18,646
SHAREHOLDERS' FUNDS 18,647
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Ash
Director
08/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Inspire Distribution Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15026249 . The registered office is 10 The Square, Keyworth, Nottingham, NG12 5JT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% standard cost
Motor Vehicles 20% standard cost
Computer Equipment 25% standard cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7
7
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 25 July 2023 - - - -
Additions 260 43,351 5,279 48,890
As at 31 July 2024 260 43,351 5,279 48,890
Depreciation
As at 25 July 2023 - - - -
Provided during the period 26 6,560 876 7,462
As at 31 July 2024 26 6,560 876 7,462
Net Book Value
As at 31 July 2024 234 36,791 4,403 41,428
As at 25 July 2023 - - - -
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5. Debtors
2024
£
Due within one year
Trade debtors 58,009
Other debtors 7,500
65,509
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 13,240
Other creditors 2,537
Taxation and social security 10,258
26,035
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 114,461
8. Share Capital
2024
£
Allotted, Called up and fully paid 1
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