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REGISTERED NUMBER: 12502614 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

NSpire People Ltd

NSpire People Ltd (Registered number: 12502614)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NSpire People Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Miss K Anderson





REGISTERED OFFICE: Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW





REGISTERED NUMBER: 12502614 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

NSpire People Ltd (Registered number: 12502614)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 530 1,727

CURRENT ASSETS
Debtors 5 29,578 40,503
Cash at bank 115,110 64,175
144,688 104,678
CREDITORS
Amounts falling due within one year 6 43,307 45,318
NET CURRENT ASSETS 101,381 59,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,911

61,087

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101,811 60,987
SHAREHOLDERS' FUNDS 101,911 61,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 14 April 2025 and were signed by:





Miss K Anderson - Director


NSpire People Ltd (Registered number: 12502614)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

NSpire People 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 6,926
DEPRECIATION
At 1 April 2024 5,199
Charge for year 1,197
At 31 March 2025 6,396
NET BOOK VALUE
At 31 March 2025 530
At 31 March 2024 1,727

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 13,590 17,790
Other debtors 15,988 22,713
29,578 40,503

NSpire People Ltd (Registered number: 12502614)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors - 1,607
Taxation and social security 42,283 42,686
Other creditors 1,024 1,025
43,307 45,318