Acorah Software Products - Accounts Production 18.1.170 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 10387715 Mr Chris Dixon Mr Jim Wylie Mr Terence Stanley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10387715 2024-12-31 10387715 2025-12-31 10387715 2025-01-01 2025-12-31 10387715 frs-core:CurrentFinancialInstruments 2025-12-31 10387715 frs-core:ComputerEquipment 2025-12-31 10387715 frs-core:ComputerEquipment 2025-01-01 2025-12-31 10387715 frs-core:ComputerEquipment 2024-12-31 10387715 frs-core:PlantMachinery 2025-12-31 10387715 frs-core:PlantMachinery 2025-01-01 2025-12-31 10387715 frs-core:PlantMachinery 2024-12-31 10387715 frs-core:ShareCapital 2025-12-31 10387715 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 10387715 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10387715 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 10387715 frs-bus:SmallEntities 2025-01-01 2025-12-31 10387715 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10387715 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 10387715 frs-bus:Director1 2025-01-01 2025-12-31 10387715 frs-bus:Director2 2025-01-01 2025-12-31 10387715 frs-bus:Director3 2025-01-01 2025-12-31 10387715 frs-countries:EnglandWales 2025-01-01 2025-12-31 10387715 2023-12-31 10387715 2024-12-31 10387715 2024-01-01 2024-12-31 10387715 frs-core:CurrentFinancialInstruments 2024-12-31 10387715 frs-core:ShareCapital 2024-12-31 10387715 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 10387715
Inspire Motor Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Inspire Motor Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Inspire Motor Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 10387715

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | - |  | 121,077
|  |  | - |  | 121,077
CURRENT ASSETS
Debtors | 5 | 25,135 |  | 79,175 |
Cash at bank and in hand |  | 130,124 |  | 256,264 |
|  | 155,259 |  | 335,439 |
Creditors: Amounts Falling Due Within One Year | 6 | (18,692 ) |  | (159,310 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 136,567 |  | 176,129
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 136,567 |  | 297,206
NET ASSETS |  |  | 136,567 |  | 297,206
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | 136,467 |  | 297,106
SHAREHOLDERS' FUNDS |  |  | 136,567 |  | 297,206

Page 1
Page 2
Inspire Motor Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Chris Dixon Director | Mr Jim Wylie Director | Mr Terence Stanley Director
30 March 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Inspire Motor Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Inspire Motor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10387715 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University , Keele, Staffordshire, ST5 5NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts . Turnover includes revenue earned from the rendering of services and commissions receivable. Turnover is reduced for rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Comissions receivable
Income from commission is received for selling insurance policies and is recognised in the profit and loss account at policy inception. Provisions are maintained to meet potential commission clawbacks. Trade debtors are shown net of any provision for potential commission clawbacks.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 33.3% straight line
Computer Equipment | 33.3% straight line

2.4. Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using tax rates and laws that have been enacted or substantively enacted at the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 6)
6 6
4. Tangible Assets

| Plant & Machinery | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2025 | 228,365 | 875 | 229,240
Disposals | (228,365 ) | - | (228,365 )
As at 31 December 2025 | - | 875 | 875

...CONTINUED
Page 3
Page 4
Inspire Motor Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025 | 107,288 | 875 | 108,163
Disposals | (107,288 ) | - | (107,288 )
As at 31 December 2025 | - | 875 | 875
Net Book Value
As at 31 December 2025 | - | - | -
As at 1 January 2025 | 121,077 | - | 121,077

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 20,000 |  | 45,054
Prepayments and accrued income | 5,135 |  | 4,700
Other debtors | - |  | 15,820
Corporation tax recoverable assets | - |  | 13,601
| 25,135 |  | 79,175

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 15,822 |  | 154,946
Other taxes and social security | 2,870 |  | 2,595
Accruals and deferred income | - |  | 1,769
| 18,692 |  | 159,310

7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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