Company Registration No. 10351459 (England and Wales)
Direct Inspections Limited
Unaudited accounts
for the year ended 31 August 2025
Direct Inspections Limited
Unaudited accounts
Contents
Direct Inspections Limited
Company Information
for the year ended 31 August 2025
Company Number
10351459 (England and Wales)
Registered Office
41 PARTRIDGE WAY
CHADDERTON
OLDHAM
OL9 0NS
ENGLAND
Accountants
Oliver Meyers FMAAT
49 Mills Hill Road
Middleton
Manchester
M24 2EF
Direct Inspections Limited
Statement of financial position
as at 31 August 2025
Tangible assets
3,277
1,843
Cash at bank and in hand
19,750
31,008
Creditors: amounts falling due within one year
(25,228)
(22,121)
Net current assets
34,357
27,346
Profit and loss account
37,734
29,289
Shareholders' funds
37,734
29,289
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 16 May 2026 and were signed on its behalf by
Martyn Finnagan
Director
Company Registration No. 10351459
Direct Inspections Limited
Notes to the Accounts
for the year ended 31 August 2025
Direct Inspections Limited is a private company, limited by shares, registered in England and Wales, registration number 10351459. The registered office is 41 PARTRIDGE WAY, CHADDERTON, OLDHAM, OL9 0NS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
15% Reducing Balance
Investments in shares are included at fair value.
Direct Inspections Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Computer equipment
5
Investments
Subsidiary undertakings
Valuation at 1 September 2024
100
Valuation at 31 August 2025
100
Amounts falling due within one year
Trade debtors
20,060
9,711
Amounts due from group undertakings etc.
11,176
8,727
Accrued income and prepayments
-
21
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
13,365
10,067
Loans from directors
-
431
Allotted, called up and fully paid:
100 Ordinary shares of £0.001 each
0.10
0.10
Direct Inspections Limited
Notes to the Accounts
for the year ended 31 August 2025
9
Transactions with related parties
At the end of this year, included within other debtors, is a balance of £11,176 (2024: £8,726) in relation to a loan made to the subsidiary, Gin Gin Bar Limited.
This loan is interest free and has no set repayment date.
At the end of this year, included within other debtors, is a balance of £8,599 (2024: £NIL) in relation to a loan made to the director, Mr M Finnagan.
This loan was repaid within nine months of the year end.
Note all transactions have taken place on an arms length basis.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).