Micro-entity Accounts - INSPIRECRAFT GLOBAL LTD

INSPIRECRAFT GLOBAL LTD Registered Number 16159924

Micro-entity Balance Sheet as at 31 January 2026

	Notes	2026
		£
Called up share capital not paid		100
Fixed Assets		250
Current Assets		2,641
Prepayments and accrued income		-
Creditors: amounts falling due within one year		(10,560)
Net current assets (liabilities)		(7,919)
Total assets less current liabilities		(7,569)
Creditors: amounts falling due after more than one year		0
Provisions for liabilities		0
Accruals and deferred income		0
Total net assets (liabilities)		(7,569)
Capital and reserves		(7,569)

For the year ending 31 January 2026 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 October 2026

And signed on their behalf by:
Adenola Adegbesan, Director

Footnotes:

Guarantees
The company has no guarantees or other financial commitments.

Advances and credits
At 31 January 2026 the company owed the director, Mr A F Adegbesan, £3,451. During the period the director withdrew £3,045 and the company paid £686 of personal costs on his behalf. These were offset by £3,211 introduced by the director and a use of home licence fee of £3,971 credited to him. No interest was charged.

INSPIRECRAFT GLOBAL LTD Registered Number 16159924

Notes to the Micro-entity Accounts for the period ended 31 January 2026

1Employees

	2026
Average number of employees during the period	0

2Accounting Policies

Basis of measurement and preparation of accounts
Basis of preparation
The accounts have been prepared in accordance with FRS 105 “The Financial Reporting Standard applicable to the Micro-entities Regime” and the micro-entity provisions of the Companies Act 2006. They are presented in pounds sterling and cover the period from incorporation on 2 January 2025 to 31 January 2026.

Going concern
At 31 January 2026 the company had net liabilities of £7,569. This includes £3,451 owed to the director, who has confirmed that he will continue to support the company and will not demand repayment where this would leave the company unable to pay its other debts as they fall due. The director therefore considers it appropriate to prepare the accounts on a going concern basis.

Turnover policy
Turnover is the value of consultancy and onboarding services provided in the period, excluding VAT. It is recognised in the period in which the service is delivered. Amounts invoiced or received before the service is delivered are carried forward as liabilities.

Intangible assets amortisation policy
Intellectual property application costs are capitalised at cost. They are amortised on a straight-line basis over their useful economic life once the registration is granted. Pending applications are not amortised.

Other accounting policies
Financial instruments
Trade debtors, cash, loans and creditors are basic financial instruments. They are measured at the amount receivable or payable, less any impairment of debtors.

Foreign currency
Transactions in foreign currencies are translated into sterling at the rate on the date of the transaction.

Taxation
Corporation Tax is provided on taxable profits at the rates in force. No Corporation Tax is payable for the period because of trading losses.