ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 07300298

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	INSPIRE GROUP INVESTMENTS LIMITED


INSPIRE GROUP INVESTMENTS LIMITED

COMPANY INFORMATION

Directors	M R Edwards
	B J Flux


Registered number	07300298


Registered office	Richmond House
	Walkern Road
	Stevenage
	Herts
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


INSPIRE GROUP INVESTMENTS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 9


INSPIRE GROUP INVESTMENTS LIMITED REGISTERED NUMBER:07300298

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		12,277		12,277
Tangible assets	5		388,963		412,477
Investments	6		383,452		284,907
			784,692		709,661
Current assets
Debtors: amounts falling due within one year	7	551,891		963,621
Bank and cash balances		9,310		156,881
		561,201		1,120,502
Creditors: amounts falling due within one year	8	(267,058)		(435,227)
Net current assets			294,143		685,275
Total assets less current liabilities			1,078,835		1,394,936
Creditors: amounts falling due after more than one year	9		(5,000)		(15,000)

Net assets			1,073,835		1,379,936

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	1,072,835	1,378,936
	1,073,835	1,379,936

Page 1


INSPIRE GROUP INVESTMENTS LIMITED REGISTERED NUMBER:07300298

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

M R Edwards

Director

Date: 23 December 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Inspire Group Investments 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.
The presentation currency of the financial statement is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 4


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

The estimated useful lives range as follows:

Domain names

not amortised

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property	-	not depreciated
Motor vehicles	-	20% on cost
Fixtures and fittings	-	20% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).

Page 5


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Intangible assets

		Domain names
		£
	Cost
	At 1 April 2024	12,277
	At 31 March 2025	12,277

	Net book value
	At 31 March 2025	12,277
	At 31 March 2024	12,277

5.	Tangible fixed assets

	Freehold property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2024	386,746	256,219	642,965
Additions	-	1,800	1,800
Disposals	-	(59,995)	(59,995)
At 31 March 2025	386,746	198,024	584,770
Depreciation
At 1 April 2024	-	230,488	230,488
Charge for the year on owned assets	-	316	316
Disposals	-	(34,997)	(34,997)
At 31 March 2025	-	195,807	195,807
Net book value
At 31 March 2025	386,746	2,217	388,963
At 31 March 2024	386,746	25,731	412,477

Page 6


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Fixed asset investments

	Investments in subsidiary companies	Listed investments	Total
	£	£	£
Cost or valuation
At 1 April 2024	987	283,920	284,907
Additions	-	56,803	56,803
Disposals	-	(24,409)	(24,409)
Revaluations	-	66,151	66,151
At 31 March 2025	987	382,465	383,452

Debtors

					2025	2024
					£	£


Trade debtors	65,987	424,637
Amounts owed by connected companies	139,623	159,929
Other debtors	245,959	244,160
Prepayments and accrued income	18,182	52,755
Tax recoverable	82,140	82,140
	551,891	963,621

Page 7


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	10,000	10,000
Trade creditors	28,976	44,968
Corporation tax	178,624	260,764
Other taxation and social security	11,461	87,775
Obligations under finance lease and hire purchase contracts	-	3,000
Other creditors	37,997	28,720
	267,058	435,227

The following liabilities were secured:
	2025	2024
	£	£


Hire purchase	-	8,249
	-	8,249

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

9.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	5,000	15,000
	5,000	15,000

The following liabilities were secured:

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

10.	Contingent liabilities

A subsidiary within the Group is currently dealing with an enquiry from HM Revenue & Customs which depending on the outcome of such enquiry could have a significant effect on the financial position or profitability of the Group. Due to the inherent uncertainties no accurate quantification of any cost or timing of such cost can be anticipated therefore no adjustment has been included within the financial statements.

Page 8


INSPIRE GROUP INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Not later than 1 year	55,147	-
Later than 1 year and not later than 5 years	174,167	-
	229,314	-

Page 9