Company registration number: 09313874
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Inspire Textiles Ltd
Pages for filing with the Registrar
Inspire Textiles Ltd
Chartered Accountants’ Report to the Board of Directors for the preparation of the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Inspire Textiles Ltd for the year ended 31 March 2026 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company’s accounting records and from information and explanations you have given us.
As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW’s regulations and guidance at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Inspire Textiles Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Inspire Textiles Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inspire Textiles Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Inspire Textiles Ltd 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 of Inspire Textiles Ltd. You consider that Inspire Textiles Ltd 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 Inspire Textiles Ltd. 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 statutory financial statements.
Cobble Accountants Limited
Commerce House
Carlton Boulevard
Lincoln
Lincolnshire
LN2 4WJ
United Kingdom
Date: 19 October 2026
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Company registration number: 09313874
Inspire Textiles Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 34,330 406,839
34,330 406,839
Current assets
Debtors 5 8,166 24,177
Cash at bank and in hand 380,202 22,464
388,368 46,641
Creditors: amounts falling due within one year
6 (48,629) (68,462)
Net current assets/(liabilities) 339,739 (21,821)
Total assets less current liabilities 374,069 385,018
Creditors: Amounts falling due after more than one year
7 (14,026) (20,572)
Provisions for liabilities (8,583) -
NET ASSETS 351,460 364,446
Capital and reserves
Called up share capital 100 100
Profit and loss account 351,360 364,346
TOTAL EQUITY 351,460 364,446
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 09313874
Inspire Textiles Ltd
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 19 October 2026 and signed on its behalf by:
Mr G Askew, Director
19 October 2026
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Inspire Textiles Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Inspire Textiles Ltd is a private company registered in England and Wales. Its registered number is 09313874. The company is limited by shares. Its registered office is 33 Beaumont Fee, Lincoln, Lincolnshire, LN1 1EZ.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - N/A
Plant and machinery etc.:
Fixtures & fittings - 10% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% straight line
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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Inspire Textiles Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 3).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 368,972 72,309 441,281
Additions 8,461 4,725 13,186
Disposals (377,433) - (377,433)
At 31 March 2026 - 77,034 77,034
Depreciation
At 1 April 2025 - 34,442 34,442
Charge for year - 8,262 8,262
At 31 March 2026 - 42,704 42,704
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Inspire Textiles Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Tangible fixed assets - continued
Net book value
At 31 March 2026 - 34,330 34,330
At 31 March 2025 368,972 37,867 406,839
5 Debtors
2026 2025
£ £
Trade debtors 6,171 23,179
Taxation 793 -
Prepayments and accrued income 1,202 998
8,166 24,177
6 Creditors: amounts falling due within one year
2026 2025
£ £
Hire purchase and finance leases 6,274 -
Trade creditors 1,149 2,408
Amounts owed to directors 478 10,301
Other creditors 7,214 18,904
Taxation 30,650 21,975
VAT payable - 12,311
Social security and other tax 1,379 1,738
Accruals and deferred income 1,485 825
48,629 68,462
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans - 20,572
Hire purchase and finance leases 14,026 -
14,026 20,572
8 Share capital
At the reporting date, the company had 100 Ordinary shares of £1 each issued as share capital. The company has one class of Ordinary shares which carry equal rights to vote, receive dividends and share in the distribution of assets on winding up.

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Inspire Textiles Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
9 Controlling party
The company is under the control of the directors.
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