REGISTERED NUMBER: 08253491 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Inspired Market Research Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B M Hudson

SECRETARY:

D Oldershaw

REGISTERED OFFICE:

16 Heather Way

Harwell

Didcot

Oxfordshire

OX11 6JZ

REGISTERED NUMBER:

08253491 (England and Wales)

ACCOUNTANTS:

Webb Teasdale Accountancy Ltd

Boston House

Grove Business Park

Downsview Road

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,118

2,037

1,118

2,037

CURRENT ASSETS

Stocks

-

7,325

Debtors

6

-

779

Cash at bank

11,774

31,499

11,774

39,603

CREDITORS

Amounts falling due within one year

7

7,155

6,883

NET CURRENT ASSETS

4,619

32,720

TOTAL ASSETS LESS CURRENT LIABILITIES

5,737

34,757

PROVISIONS FOR LIABILITIES

212

387

NET ASSETS

5,525

34,370

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

5,515

34,360

SHAREHOLDERS' FUNDS

5,525

34,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2026 and were signed by:

B M Hudson - Director

1.	STATUTORY INFORMATION

Inspired Market Research Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

9,000

AMORTISATION

At 1 November 2024

and 31 October 2025

9,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2024

12,633

Disposals

(7,270

)

At 31 October 2025

5,363

DEPRECIATION

At 1 November 2024

10,596

Charge for year

373

Eliminated on disposal

(6,724

)

At 31 October 2025

4,245

NET BOOK VALUE

At 31 October 2025

1,118

At 31 October 2024

2,037

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

779

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,860

347

Taxation and social security

4,163

4,265

Other creditors

1,132

2,271

7,155

6,883

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors loans are repayable on demand, and are interest free up to a limit of £10000 above which interest will be charged at the HMRC specified rate.

As at 31st October 2025 the Company owed the Director £1132.16.