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Registered number: 16018218
Inspired Real Estate Ltd
Unaudited Financial Statements
For the Period 15 October 2024 to 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 16018218
31 October 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 1,043
1,043
CURRENT ASSETS
Debtors 5 6,600
Cash at bank and in hand 194
6,794
Creditors: Amounts Falling Due Within One Year 6 (1,862 )
NET CURRENT ASSETS (LIABILITIES) 4,932
TOTAL ASSETS LESS CURRENT LIABILITIES 5,975
NET ASSETS 5,975
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 5,875
SHAREHOLDERS' FUNDS 5,975
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For the period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Magdalena Justyna Skinner
Director
9 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Inspired Real Estate Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16018218 . The registered office is 633 Commercial Road, Limehouse, London, E14 7NT.
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
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged from the date of acquisition at 25% per annum using the reducing balance method, with no residual value, on the following basis:
Computer Equipment 25% Reducing Balance Method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.4. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Tangible Assets
Computer Equipment
£
Cost
As at 15 October 2024 -
Additions 1,099
As at 31 October 2025 1,099
Depreciation
As at 15 October 2024 -
Provided during the period 56
As at 31 October 2025 56
Net Book Value
As at 31 October 2025 1,043
As at 15 October 2024 -
5. Debtors
31 October 2025
£
Due within one year
Amounts owed by other related parties 6,600
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6. Creditors: Amounts Falling Due Within One Year
31 October 2025
£
Corporation tax 1,502
Accruals and deferred income 360
1,862
7. Share Capital
31 October 2025
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
Included in amount owed by related parties is an amount of £6,600 owed by the company in which the director has beneficial interest. The amount is interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Magdalena Justyna Skinner by virtue of her holding of all Class A ordinary shares carrying 100% of the voting rights of the company.
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