| INSPIRING TEACHING LTD |
| Registered number: |
12282629 |
| Balance Sheet |
| as at 31 March 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
236 |
|
|
- |
|
| Current assets |
| Debtors |
4 |
|
258,817 |
|
|
104,888 |
| Cash at bank and in hand |
|
|
3,068 |
|
|
2,307 |
|
|
|
261,885 |
|
|
107,195 |
|
| Creditors: amounts falling due within one year |
5 |
|
(255,144) |
|
|
(125,155) |
|
| Net current assets/(liabilities) |
|
|
|
6,741 |
|
|
(17,960) |
|
| Net assets/(liabilities) |
|
|
|
6,977 |
|
|
(17,960) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
6,877 |
|
|
(18,060) |
|
| Shareholders' funds |
|
|
|
6,977 |
|
|
(17,960) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Barry Pactor |
| Director |
| Approved by the board on 22 July 2022 |
|
| INSPIRING TEACHING LTD |
| Notes to the Accounts |
| for the year ended 31 March 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
Additions |
257 |
|
At 31 March 2022 |
257 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
21 |
|
At 31 March 2022 |
21 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2022 |
236 |
|
|
| 4 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade debtors |
161,445 |
|
40,837 |
|
Other debtors |
97,372 |
|
64,051 |
|
|
|
|
|
|
258,817 |
|
104,888 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Invoice Discounting facility |
190,913 |
|
85,464 |
|
Trade creditors |
3,222 |
|
11,701 |
|
Taxation and social security costs |
39,318 |
|
13,285 |
|
Other creditors |
21,691 |
|
14,705 |
|
|
|
|
|
|
255,144 |
|
125,155 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
INSPIRING TEACHING LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
Mermaid House |
|
Puddle Dock |
|
London |
|
United Kingdom |
|
EC4V 3DB |
