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Company Registration No. 10545703 (England and Wales)
Inspro Ltd Unaudited accounts for the year ended 31 March 2025
Inspro Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Inspro Ltd Company Information for the year ended 31 March 2025
Directors
Richard Ian Small Christopher Blizard
Company Number
10545703 (England and Wales)
Registered Office
Brook House 13, Mead Road Cranleigh GU6 7BG England
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Inspro Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
17,118
17,543
Current assets
Debtors
5
20,927
3,559
Cash at bank and in hand
7,080
53,170
28,007
56,729
Creditors: amounts falling due within one year
6
(59,181)
(44,022)
Net current (liabilities)/assets
(31,174)
12,707
Total assets less current liabilities
(14,056)
30,250
Creditors: amounts falling due after more than one year
7
(7,082)
(9,270)
Net (liabilities)/assets
(21,138)
20,980
Capital and reserves
Called up share capital
389,964
389,964
Profit and loss account
(411,102)
(368,984)
Shareholders' funds
(21,138)
20,980
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by
Richard Ian Small Director Company Registration No. 10545703
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Inspro Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Inspro Ltd is a private company, limited by shares, registered in England and Wales, registration number 10545703. The registered office is Brook House, 13, Mead Road, Cranleigh, GU6 7BG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Going concern
The accounts have been prepared on a going concern basis. This assumes, if required over the next 12 months, ongoing support of the board of directors.
Presentation currency
The accounts are presented in £ sterling.
Revenue recognition
Revenue, described as turnover, is the value of work (net of VAT) provided to customers during the year with respect to services.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line over 5 years
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2024
25,467
Additions
2,336
At 31 March 2025
27,803
Depreciation
At 1 April 2024
7,924
Charge for the year
2,761
At 31 March 2025
10,685
Net book value
At 31 March 2025
17,118
At 31 March 2024
17,543
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Inspro Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
628
143
Accrued income and prepayments
18,832
-
Other debtors
1,467
3,416
20,927
3,559
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,500
7,200
Trade creditors
-
2,517
Taxes and social security
-
487
Loans from directors
42,815
33,818
Accruals
5,866
-
Deferred income
4,000
-
59,181
44,022
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
7,082
9,270
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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