| |
|
2026 |
|
2025 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
0 |
|
|
526 |
| Current assets |
|
507,714 |
|
|
315,466 |
|
| Prepayments and accrued income |
|
9,497 |
|
|
637 |
|
| Creditors: amount falling due within one year |
|
(375,737) |
|
|
(242,105) |
|
|
Net current assets
|
|
|
141,474
|
|
|
73,998
|
|
Total assets less current liabilities
|
|
|
141,474 |
|
|
74,524 |
| Creditors: amount falling due after more than one year |
|
|
3 |
|
|
2 |
|
Net assets
|
|
|
141,477 |
|
|
74,526 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
141,477 |
|
|
74,526 |
| |
NOTES TO THE ACCOUNTS
General Information
WINSPIRE SOLUTIONS UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13682029, registration address 6TH FLOOR, 9 APPOLD STREET , London, EC2A 2AP.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
These financial statements have been prepared in compliance with FRS 105 -The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards ofownership of the goods has transferred to the buyer. This is usually at the point that thecustomer has signed for the delivery of the goods.
Rendering of services:
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.
Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed 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:
| Computer Equipment |
20% Reducing Balance
|
|
| 2. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 April 2025 |
2,081 |
|
2,081 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 March 2026 |
2,081 |
|
2,081 |
| Depreciation |
| At 01 April 2025 |
1,555 |
|
1,555 |
| Charge for year |
526 |
|
526 |
| On disposals |
- |
|
- |
| At 31 March 2026 |
2,081 |
|
2,081 |
| Net book values |
| Closing balance as at 31 March 2026 |
- |
|
- |
| Opening balance as at 01 April 2025 |
526 |
|
526 |
|
| 3. |
Average number of employees
Average number of employees during the year was 3 (2025 : 4).
|
For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 30 June 2026 and were signed on its behalf by: --------------------------------
Mohit Jitendra KULKARNI
Director |
1
|