INSPIRATIONS LEICESTERSHIRE LIMITED

Registered number

07765916

Filleted Accounts

30 September 2025

INSPIRATIONS LEICESTERSHIRE LIMITED
Registered number:		07765916
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,901,915			3,121,127

Current assets
Debtors	4	2,572,229			1,345,390
Cash at bank and in hand		306,790			452,588
		2,879,019			1,797,978

Creditors: amounts falling due within one year	5	(1,586,725)			(1,652,668)

Net current assets			1,292,294			145,310

Total assets less current liabilities			6,194,209			3,266,437

Creditors: amounts falling due after more than one year	6		(4,149,059)			(1,021,021)



Net assets			2,045,150			2,245,416

Capital and reserves
Called up share capital			200			200
Revaluation reserve	7		520,000			520,000
Manual adjustment			50,240			-
Profit and loss account			1,474,710			1,725,216

Shareholder's funds			2,045,150			2,245,416

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Harjinder Singh
Director
Approved by the board on 17 February 2026

INSPIRATIONS LEICESTERSHIRE LIMITED
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings and improvements			not depreciated
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					102		63


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	2,812,391		55,130		571,548		3,439,069
	Additions	1,724,944		10,422		174,720		1,910,086
	Disposals	-		-		(55,790)		(55,790)
	At 30 September 2025	4,537,335		65,552		690,478		5,293,365

	Depreciation
	At 1 October 2024	-		55,130		262,812		317,942
	Charge for the year	-		1,038		128,260		129,298
	On disposals	-		-		(55,790)		(55,790)
	At 30 September 2025	-		56,168		335,282		391,450

	Net book value
	At 30 September 2025	4,537,335		9,384		355,196		4,901,915
	At 30 September 2024	2,812,391		-		308,736		3,121,127


4	Debtors					2025		2024
£							£

	Trade debtors					1,183,151		881,683
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					1,335,227		106,227
	Accrued income					2,600		-
	Other debtors					51,251		357,480
						2,572,229		1,345,390

5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					156,437		94,723
	Obligations under finance lease and hire purchase contracts					-		35,939
	Trade creditors					149,628		56,795
	Corporation tax					632,032		663,101
	Other taxes and social security costs					164,853		141,100
	Other creditors					483,775		661,010
						1,586,725		1,652,668


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					4,149,059		900,343
	Obligations under finance lease and hire purchase contracts					-		120,678
						4,149,059		1,021,021

7	Revaluation reserve					2025		2024
£							£

	At 1 October 2024					520,000		-
	Gain on revaluation of land and buildings					-		520,000

	At 30 September 2025					520,000		520,000











8	Other information

	INSPIRATIONS LEICESTERSHIRE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	131A London Road
	Oadby
	Leicester
	LE2 5DP