Inspired By Water Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 10110713

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		356		580

			356		580
CURRENT ASSETS
Stocks	5	4,850		5,518
Debtors	6	44,848		2,489
Cash at bank and in hand		19,400		9,914

		69,098		17,921
Creditors: Amounts Falling Due Within One Year	7	(49,795 )		(19,215 )

NET CURRENT ASSETS (LIABILITIES)			19,303		(1,294 )

TOTAL ASSETS LESS CURRENT LIABILITIES			19,659		(714 )

Creditors: Amounts Falling Due After More Than One Year	8		(16,874 )		(22,340 )

NET ASSETS/(LIABILITIES)			2,785		(23,054 )

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			2,685		(23,154 )

SHAREHOLDERS' FUNDS			2,785		(23,054)

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Inspired By Water Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 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 his 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

Mr James Keough

Director

13 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Inspired By Water Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10110713 . The registered office is Base Innovation Centre, 60 Barbados Road, Bordon, Hampshire, England, GU35 0FX.

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

Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

2.3. Tangible Fixed Assets and Depreciation

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% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.

Assets acquired under hire purchase contracts are depreciated over their useful lives.

Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company.

Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.

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Inspired By Water Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.6. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 has not been recognised as it is not material to the financial statements. The director will review this annually.

2.8. Pensions

The company operates a defined contribution pension 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

	2026	2025
Average number of employees, including directors, during the year	2	2

	2	2

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Inspired By Water Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

4. Tangible Assets

	Computer equipment
	£
Cost
As at 1 May 2025	3,086

As at 30 April 2026	3,086

Depreciation
As at 1 May 2025	2,506
Provided during the period	224

As at 30 April 2026	2,730

Net Book Value
As at 30 April 2026	356

As at 1 May 2025	580

5. Stocks

	2026	2025
	£	£
Materials	4,850	5,518

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	43,439	966
Other debtors	1,409	1,523

	44,848	2,489

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	19,003	5,167
Bank loans and overdrafts	5,469	5,472
Other creditors	23	64
Taxation and social security	25,300	8,512

	49,795	19,215

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Inspired By Water Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

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

	2026	2025
	£	£
Bank loans	16,874	22,340

9. Loans

An analysis of the maturity of loans is given below:

	2026	2025
	£	£
Amounts falling due within one year or on demand:
Bank loans	5,469	5,472

	2026	2025
	£	£
Amounts falling due between one and five years:
Bank loans	16,874	22,340

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	3,522	3,660

	3,522	3,660

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