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REGISTERED NUMBER: 15246698 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

30TH OCTOBER 2023 TO 31ST AUGUST 2024

FOR

INSPIRE ALTERNATIVE EDUCATION LTD

INSPIRE ALTERNATIVE EDUCATION LTD (REGISTERED NUMBER: 15246698)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 30th October 2023 to 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INSPIRE ALTERNATIVE EDUCATION LTD

COMPANY INFORMATION
For The Period 30th October 2023 to 31st August 2024







DIRECTOR: S R Barber





REGISTERED OFFICE: Old Hartford School Scott Street
Hartford
Cramlington
NE23 3AR





REGISTERED NUMBER: 15246698 (England and Wales)





ACCOUNTANTS: Stafford Accountancy
The Yard Suite 2.2
Gill Bridge Avenue
Sunderland
Tyne and Wear
SR1 3AW

INSPIRE ALTERNATIVE EDUCATION LTD (REGISTERED NUMBER: 15246698)

BALANCE SHEET
31st August 2024

Notes £   
CURRENT ASSETS
Debtors 4 65,551
Cash at bank and in hand 189,908
255,459
CREDITORS
Amounts falling due within one year 5 253,280
NET CURRENT ASSETS 2,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,179

CAPITAL AND RESERVES
Called up share capital 6 1
Retained earnings 2,178
SHAREHOLDERS' FUNDS 2,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 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 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 31st January 2025 and were signed by:





S R Barber - Director


INSPIRE ALTERNATIVE EDUCATION LTD (REGISTERED NUMBER: 15246698)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 30th October 2023 to 31st August 2024

1. STATUTORY INFORMATION

Inspire Alternative Education 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of educational support and associated services, and excludes value added tax. Turnover is recognised when services have been provided.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 53,070
Other debtors 6,500
Prepayments 5,981
65,551

INSPIRE ALTERNATIVE EDUCATION LTD (REGISTERED NUMBER: 15246698)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 30th October 2023 to 31st August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 6,283
Amounts owed to associates 132,181
Tax 29,555
VAT 42,083
Accruals and deferred income 43,178
253,280

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.