1 January 2024 v2025.63.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activityxbrli:purexbrli:sharesiso4217:GBP117168692024-01-012024-12-31117168692024-12-31117168692023-01-012023-12-31117168692023-12-3111716869core:WithinOneYear2024-12-3111716869core:WithinOneYear2023-12-3111716869core:AfterOneYear2024-12-3111716869core:AfterOneYear2023-12-3111716869bus:RegisteredOffice2024-01-012024-12-3111716869bus:Director12024-01-012024-12-311171686912024-01-012024-12-3111716869countries:EnglandWales2024-01-012024-12-3111716869bus:AuditExemptWithAccountantsReport2024-01-012024-12-3111716869bus:PrivateLimitedCompanyLtd2024-01-012024-12-3111716869bus:Micro-entities2024-01-012024-12-3111716869bus:FullAccounts2024-01-012024-12-31
Company registration number:
11716869
INSPIRED BY GROUP LIMITED
Unaudited Financial Statements for the year ended
31 December 2024
INSPIRED BY GROUP LIMITED
Income Statement
Year ended
31 December 2024
20242023
££
Turnover
334,129
 
151,870
 
Other income
886
  -  
335,015   151,870  
   
Cost of raw materials and consumables
(133,780
 )
(34,997
 )
Staff costs
(108,175
 )
(65,275
 )
Depreciation and other amounts written off assets
(1,938
 )
(1,375
 )
Other charges
(67,640
 )
(22,558
 )
Tax
(1,547
 )
(54
 )
Profit
21,935
 
27,611
 
INSPIRED BY GROUP LIMITED
Statement of Financial Position
31 December 2024
20242023
££
Fixed assets
10,986
 
7,792
 
   
Current assets
169,951
 
38,670
 
Creditors: amounts falling due within one year
(44,324
 )
(13,620
 )
Net current assets
125,627
 
25,050
 
Total assets less current liabilities
136,613
 
32,842
 
Creditors: amounts falling due after more than one year
(85,889
 )
(4,453
 )
Accruals and deferred income
(2,400
 )
(2,000
 )
Net assets
48,324
 
26,389
 
   
Capital and reserves
48,324
 
26,389
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
71-75 SHELTON STREET
,
COVENT GARDEN
,
LONDON
,
WC2H 9JQ
, United Kingdom.

2 Average number of employees

The average number of persons employed by the company during the year was
3
(2023:
1.00
).
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the
board of directors
and authorised for issue on
25 September 2025
, and are signed on behalf of the board by:
CHLOE BISSON
Director
Company registration number:
11716869