Inspired Design & Development Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Inspired Design & Development Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Inspired Design & Development Limited which comprise the Profit and Loss Account, the Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Inspired Design & Development Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Inspired Design & Development Limited and state those matters that we have agreed to state to the directors of Inspired Design & Development Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inspired Design & Development Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Inspired Design & Development Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Inspired Design & Development Limited . You consider that Inspired Design & Development Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Inspired Design & Development Limited . 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 financial statements.

9 September 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

Page 1

Page 2

Inspired Design & Development Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: SC370675

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,714		28,812

			24,714		28,812
CURRENT ASSETS
Debtors	5	204,142		121,608
Cash at bank and in hand		12,866		17,861

		217,008		139,469
Creditors: Amounts Falling Due Within One Year	6	(183,037 )		(89,236 )

NET CURRENT ASSETS (LIABILITIES)			33,971		50,233

TOTAL ASSETS LESS CURRENT LIABILITIES			58,685		79,045

Creditors: Amounts Falling Due After More Than One Year	7		(565 )		(5,946 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,179 )		(7,203 )

NET ASSETS			51,941		65,896

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			51,841		65,796

SHAREHOLDERS' FUNDS			51,941		65,896

Page 2

Page 3

Inspired Design & Development Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 directors acknowledge their 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.

The financial statements were approved by the board of directors on 8 September 2026 and were signed on its behalf by:

Mr G Black Director	Mr F Angus Director	Mr A Steel Director
8 September 2026

The notes on pages 4 to 7 form part of these financial statements.

Page 3

Page 4

Inspired Design & Development Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Inspired Design & Development Limited is a private company, limited by shares, incorporated in Scotland, registered number SC370675 . The registered office is 27 Evan Street, Stonehaven, Aberdeenshire, AB39 2EQ.

The presentation currency of the financial statements is the Pound Sterling (£).

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. Significant judgements and estimations

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Straight line over 5 years
Motor Vehicles	20% on reducing balance
Fixtures & Fittings	Straight line over 3 years
Computer Equipment	Straight line over 3 years

2.5. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

Page 4

Page 5

Inspired Design & Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. 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

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.

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 year, 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.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 6)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	5,783	18,415	8,504	15,807	48,509
Additions	-	-	3,761	2,017	5,778

As at 31 March 2026	5,783	18,415	12,265	17,824	54,287

Depreciation
As at 1 April 2025	2,714	3,683	3,270	10,030	19,697
Provided during the period	1,157	2,946	2,862	2,911	9,876

As at 31 March 2026	3,871	6,629	6,132	12,941	29,573

Net Book Value
As at 31 March 2026	1,912	11,786	6,133	4,883	24,714

As at 1 April 2025	3,069	14,732	5,234	5,777	28,812

Page 5

Page 6

Inspired Design & Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	65,194	51,192
Prepayments and accrued income	37,904	12,702
Amounts owed by subsidiaries	101,044	57,714

	204,142	121,608

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	36,008	168
Bank loans and overdrafts	7,076	15,725
Corporation tax	41,995	53,731
Other taxes and social security	673	706
VAT	13,833	13,445
Other creditors	8,247	3,582
Accruals and deferred income	26,384	1,146
Directors' loan accounts	48,821	733

	183,037	89,236

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	565	5,946

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	7,203	7,203
Deferred taxation	(1,024 )	(1,024 )

Balance at 31 March 2026	6,179	6,179

9. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Gary Black	(277 )	48,503	(71,387 )	-	(23,161 )
Mr Fraser Angus	(228 )	-	(12,602 )	-	(12,830 )
Mr Ally Steel	(228 )	-	(12,602 )	-	(12,830 )

The above loans are interest free and have no fixed repayment terms.

Page 6

Page 7

Inspired Design & Development Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Ultimate Controlling Party

The company's ultimate controlling parties are Alistair Steel and Fraser Angus who jointly control the company.

Page 7