COMPANY REGISTRATION NUMBER:
15925621
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Inspired Furniture 4U Ltd |
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Filleted Unaudited Financial Statements |
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Inspired Furniture 4U Ltd |
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Period from 29 August 2024 to 31 August 2025
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements |
1 |
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Statement of Financial Position |
2 |
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Notes to the Financial Statements |
4 |
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Inspired Furniture 4U Ltd |
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Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
Inspired Furniture 4U Ltd |
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Period from 29 August 2024 to 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inspired Furniture 4U Ltd for the period ended 31 August 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Inspired Furniture 4U Ltd in accordance with the terms of our engagement letter dated 22 May 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Inspired Furniture 4U Ltd and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inspired Furniture 4U Ltd and its director for our work or for this report.
It is your duty to ensure that Inspired Furniture 4U Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Inspired Furniture 4U Ltd. You consider that Inspired Furniture 4U Ltd is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Inspired Furniture 4U Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
WYATT & CO
Chartered Accountants
125 Main Street
Garforth
Leeds
LS25 1AF
22 May 2026
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Inspired Furniture 4U Ltd |
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Statement of Financial Position |
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31 August 2025
Current Assets
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Stocks |
23,474 |
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Debtors |
5 |
6,113 |
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--------- |
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29,587 |
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Creditors: amounts falling due within one year |
6 |
37,080 |
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--------- |
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Net Current Liabilities |
7,493 |
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-------- |
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Total Assets Less Current Liabilities |
(
7,493) |
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-------- |
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Net Liabilities |
(
7,493) |
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-------- |
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Capital and Reserves
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Called up share capital |
100 |
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Profit and loss account |
(
7,593) |
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-------- |
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Shareholders Deficit |
(
7,493) |
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-------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Inspired Furniture 4U Ltd |
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Statement of Financial Position (continued) |
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31 August 2025
These financial statements were approved by the
board of directors
and authorised for issue on
22 May 2026
, and are signed on behalf of the board by:
Company registration number:
15925621
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Inspired Furniture 4U Ltd |
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Notes to the Financial Statements |
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Period from 29 August 2024 to 31 August 2025
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 125 Main Street, Garforth, Leeds, LS25 1AF.
2.
Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4.
Employee Numbers
The average number of persons employed by the company during the period amounted to
1
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5.
Debtors
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31 Aug 25 |
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£ |
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Other debtors |
6,113 |
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6.
Creditors:
amounts falling due within one year
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31 Aug 25 |
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£ |
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Other creditors |
37,080 |
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7.
Director's Advances, Credits and Guarantees
During the year the director provided the company a loan with the year end balance of £36,580. The loan is interest free and repayable on demand.