REGISTERED NUMBER: 10829676 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

INSPIRED DESIGN (YORKSHIRE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Neil Hemingway

David Wood

REGISTERED OFFICE:

First Floor, Unit 12

Pennine Business Park, Longbow Close

Bradley

Huddersfield

West Yorkshire

HD2 1GQ

REGISTERED NUMBER:

10829676 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Tangible assets

4

64,892

88,083

CURRENT ASSETS

Debtors

5

478,283

295,632

Prepayments and accrued income

502

806

Cash at bank and in hand

53,934

98,068

532,719

394,506

CREDITORS

Amounts falling due within one year

6

250,756

195,372

NET CURRENT ASSETS

281,963

199,134

TOTAL ASSETS LESS CURRENT LIABILITIES

346,855

287,217

CREDITORS

Amounts falling due after more than one year

7

(1,667

)

(11,667

)

PROVISIONS FOR LIABILITIES

(12,406

)

(17,827

)

ACCRUALS AND DEFERRED INCOME

(280,108

)

(124,006

)

NET ASSETS

52,674

133,717

CAPITAL AND RESERVES

Called up share capital

103

103

Profit and loss account

52,571

133,614

52,674

133,717

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 directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

Neil Hemingway - Director

1.	STATUTORY INFORMATION

Inspired Design (Yorkshire) Limited 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.

Fixtures & Fittings - 33.33% on cost

Plant & Machinery - 15% on reducing balance

Motor Vehicles - 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 year 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Finance cost of debt

The finance costs of debt, including interest and issue cost, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

24,081

143,005

110,933

278,019

Additions

-

5,641

-

5,641

At 31 March 2025

24,081

148,646

110,933

283,660

DEPRECIATION

At 1 April 2024

10,901

124,868

54,167

189,936

Charge for year

1,980

12,661

14,191

28,832

At 31 March 2025

12,881

137,529

68,358

218,768

NET BOOK VALUE

At 31 March 2025

11,200

11,117

42,575

64,892

At 31 March 2024

13,180

18,137

56,766

88,083

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

477,448

290,658

Other debtors

835

2,920

478,283

293,578

Amounts falling due after more than one year:

Other debtors

-

2,054

Aggregate amounts

478,283

295,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

52,202

81,885

Amounts owed to associates

10,949

-

Taxation and social security

122,141

71,984

Other creditors

55,464

31,503

250,756

195,372

7.	CREDITORS MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,667

11,667

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

11,667

21,667

The bank loan is a coronavirus business interruption loan which has government backed security.

9.	PENSION COMMITMENTS

The Company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £5,573 (2024: £4,718). Contributions totalling £444 (2024: £1,210) were payable to the fund at the year end and are included in creditors.

10.	RELATED PARTY DISCLOSURES

Included in creditors is the following directors loan owed to the directors of £54,674 (2024: £29,417).