1 February 2025 v2026.41.1 limited_company_frs_102_section_1a_v1_1_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP111305782025-02-012026-01-31111305782026-01-3111130578bus:Director12025-02-012026-01-3111130578bus:Director22025-02-012026-01-3111130578bus:RegisteredOffice2025-02-012026-01-31111305782024-02-012025-01-3111130578core:RetainedEarningsAccumulatedLosses2025-02-0111130578core:RetainedEarningsAccumulatedLosses2024-02-0111130578core:RetainedEarningsAccumulatedLosses2025-02-012026-01-3111130578core:RetainedEarningsAccumulatedLosses2024-02-012025-01-3111130578core:RetainedEarningsAccumulatedLosses2026-01-3111130578core:RetainedEarningsAccumulatedLosses2025-01-31111305782025-01-3111130578core:WithinOneYear2026-01-3111130578core:WithinOneYear2025-01-3111130578core:ShareCapital2026-01-3111130578core:ShareCapital2025-01-311113057812025-02-012026-01-3111130578countries:EnglandWales2025-02-012026-01-3111130578bus:AuditExemptWithAccountantsReport2025-02-012026-01-3111130578bus:PrivateLimitedCompanyLtd2025-02-012026-01-3111130578bus:SmallEntities2025-02-012026-01-3111130578bus:FullAccounts2025-02-012026-01-31
Company registration number:
11130578
Innerspace Events Limited
Unaudited Financial Statements for the year ended
31 January 2026
Innerspace Events Limited
Officers and Professional Advisers
Year ended
31 January 2026
Directors
G Kennedy
S Kennedy
Registered office
29a, Bishopthorpe Road
York
YO23 1NA
United Kingdom
Accountant
TNE Accounting Ltd
Unit19B
Escrict Business Park
York
North Yorkshire
YO19 6FD
United Kingdom
Innerspace Events Limited
Directors' Report
Year ended
31 January 2026
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 January 2026.

Directors

The directors who served the company during the year were as follows:
G Kennedy
S Kennedy

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
29 October 2026
and signed on behalf of the board by:
S Kennedy
Director
Innerspace Events Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Innerspace Events Limited
Year ended
31 January 2026
As described on the statement of financial position, the Board of Directors of
Innerspace Events Limited
are responsible for the preparation of the
financial statements
for the year ended
31 January 2026
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
TNE Accounting Ltd
Unit19B
Escrict Business Park
York
North Yorkshire
YO19 6FD
United Kingdom
Date:
30 October 2026
Innerspace Events Limited
Income Statement
Year ended
31 January 2026
20262025
££
Turnover
88,743
 
73,711
 
Cost of sales -   (1,860 )
Gross profit
88,743
 
71,851
 
Administrative expenses
(31,005
)
(28,257
)
Operating profit
57,738
 
43,594
 
Profit before tax
57,738
 
43,594
 
Tax on profit
(11,550
)
(8,283
)
Profit for the financial year
46,188
 
35,311
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Innerspace Events Limited
Statement of Income and Retained Earnings
Year ended
31 January 2026
20262025
££
Retained earnings at the start of the year
(1,278
)
(1,589
)
Profit for the financial year
46,188
 
35,311
 
Dividends declared and paid or payable during the year
(45,000
)
(35,000
)
Retained earnings at the end of the year
(90
)
(1,278
)
Innerspace Events Limited
Statement of Financial Position
31 January 2026
20262025
Note££
Current assets    
Cash at bank and in hand
3,539
 
301
 
Creditors: amounts falling due within one year 5
(3,529
)
(1,479
)
Net current assets/(liabilities)
10
 
(1,178
)
Total assets less current liabilities 10   (1,178 )
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
(90
)
(1,278
)
Shareholders funds/(deficit)
10
 
(1,178
)
For the year ending
31 January 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
29 October 2026
, and are signed on behalf of the board by:
S Kennedy
Director
Company registration number:
11130578
Innerspace Events Limited
Notes to the Financial Statements
Year ended
31 January 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
29a, Bishopthorpe Road
,
York
,
YO23 1NA
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2025:
1.00
).

5 Creditors: amounts falling due within one year

20262025
££
Taxation and social security
11,645
 
8,452
 
Other creditors
(8,116
)
(6,973
)
3,529
 
1,479