Accounts Submission

INSPIRE PROPERTY (JK) LTD - Company Information

Company Accounts and Tax Online 07209245 Board of Directors 1.4.21 31.3.22 31.3.22 false iso4217:GBP xbrli:pure 07209245 2020-04-01 2021-03-31 07209245 2022-03-31 07209245 2021-04-01 2022-03-31 07209245 2021-03-31 07209245 countries:EnglandWales 2021-04-01 2022-03-31 07209245 curr:PoundSterling 2021-04-01 2022-03-31 07209245 uk-bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 07209245 uk-bus:FRS102 2021-04-01 2022-03-31 07209245 uk-bus:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 07209245 uk-bus:FullAccounts 2021-04-01 2022-03-31 07209245 uk-bus:RegisteredOffice 2021-04-01 2022-03-31 07209245 uk-bus:Director1 2021-04-01 2022-03-31 07209245 uk-bus:Director1 2021-04-01 07209245 uk-bus:Director1 2022-03-31 07209245 uk-bus:Director2 2021-04-01 2022-03-31 07209245 uk-bus:Director2 2021-04-01 07209245 uk-bus:Director2 2022-03-31 07209245 uk-bus:CompanySecretary1 2021-04-01 2022-03-31 07209245 core:AfterOneYear 2022-03-31 07209245 core:AfterOneYear 2021-03-31 07209245 core:WithinOneYear 2022-03-31 07209245 core:WithinOneYear 2021-03-31 07209245 core:WithinOneYear 2021-04-01 2022-03-31 07209245 core:AfterOneYear 2022-03-31 07209245 core:AfterOneYear 2021-03-31 07209245 core:AfterOneYear 2021-04-01 2022-03-31 07209245 core:ShareCapital 2022-03-31 07209245 core:ShareCapital 2021-03-31 07209245 core:RevaluationReserve 2022-03-31 07209245 core:RevaluationReserve 2021-03-31 07209245 core:RetainedEarningsAccumulatedLosses 2022-03-31 07209245 core:RetainedEarningsAccumulatedLosses 2021-03-31 07209245 1 2021-04-01 2022-03-31 07209245 core:LandBuildings 2021-04-01 2022-03-31 07209245 core:LandBuildings 2022-03-31 07209245 core:LandBuildings 2020-04-01 2021-03-31 07209245 core:LandBuildings 2021-03-31 07209245 core:PlantMachinery 2021-04-01 2022-03-31 07209245 core:PlantMachinery 2022-03-31 07209245 core:PlantMachinery 2020-04-01 2021-03-31 07209245 core:PlantMachinery 2021-03-31 07209245 core:FurnitureFittingsToolsEquipment 2021-04-01 2022-03-31 07209245 core:FurnitureFittingsToolsEquipment 2022-03-31 07209245 core:FurnitureFittingsToolsEquipment 2020-04-01 2021-03-31 07209245 core:FurnitureFittingsToolsEquipment 2021-03-31 07209245 core:OfficeEquipment 2021-04-01 2022-03-31 07209245 core:OfficeEquipment 2022-03-31 07209245 core:OfficeEquipment 2020-04-01 2021-03-31 07209245 core:OfficeEquipment 2021-03-31 07209245 core:Vehicles 2021-04-01 2022-03-31 07209245 core:Vehicles 2022-03-31 07209245 core:Vehicles 2020-04-01 2021-03-31 07209245 core:Vehicles 2021-03-31 07209245 core:NetGoodwill 2021-04-01 2022-03-31 07209245 core:NetGoodwill 2022-03-31 07209245 core:NetGoodwill 2020-04-01 2021-03-31 07209245 core:NetGoodwill 2021-03-31 07209245 core:IntangibleAssetsOtherThanGoodwill 2021-04-01 2022-03-31 07209245 core:IntangibleAssetsOtherThanGoodwill 2022-03-31 07209245 core:IntangibleAssetsOtherThanGoodwill 2020-04-01 2021-03-31 07209245 core:IntangibleAssetsOtherThanGoodwill 2021-03-31

Company Registration Number:
07209245 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

Contents of the Financial Statements

for the Period Ended 31 March 2022


Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

Balance sheet

As at 31 March 2022

	Notes	2022 £	2021 £
Fixed assets
Tangible assets:	4	41,870	34,096
Total fixed assets:		41,870	34,096
Current assets
Cash at bank and in hand:		66,493	83,678
Total current assets:		66,493	83,678
Creditors: amounts falling due within one year:	5	( 118,339 )	( 117,359 )
Net current assets (liabilities):		( 51,846 )	( 33,681 )
Total assets less current liabilities:		( 9,976 )	415
Total net assets (liabilities):		( 9,976 )	415

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2022

	2022 £	2021 £
Capital and reserves
Called up share capital:	1	1
Profit and loss account:	( 9,977 )	414
Shareholders funds:	( 9,976 )	415

For the year ending 31 March 2022 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 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.

This report was approved by the board of directors on 19 December 2022
And Signed On Behalf Of The Board By:

Name: Shaun Lawrence
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2022

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover in the profit and loss account represents revenue earned during the period, exclusive of VAT and trade discounts.

Tangible fixed assets depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following rates in order to write off each asset over its estimated useful life. Plant and Machinery -18% on a reducing balance, Motor Vehicles -18% on a reducing balance and Fixtures and Fittings -18% on a reducing balance.

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

	2022	2021
Average number of employees during the period	2	2

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Off balance sheet disclosure

No

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible assets

	Plant & machinery	Motor vehicles	Total
Cost	£	£	£
At 01 April 2021	10,450	31,786	42,236
Additions	965	16,000	16,965
Disposals	-	-	-
Revaluations	-	-	-
Transfers	-	-	-
At 31 March 2022	11,415	47,786	59,201
Depreciation
At 01 April 2021	2,419	5,721	8,140
Charge for year	1,619	7,572	9,191
On disposals	-	-	-
Other adjustments	-	-	-
At 31 March 2022	4,038	13,293	17,331
Net book value
At 31 March 2022	7,377	34,493	41,870
At 31 March 2021	8,031	26,065	34,096

Notes to the Financial Statements

for the Period Ended 31 March 2022

5.Creditors: amounts falling due within one year note

	2022 £	2021 £
Bank loans and overdrafts	14,000	15,000
Amounts due under finance leases and hire purchase contracts	12,359
Trade creditors	7,930	17,332
Taxation and social security	12,529	15,044
Other creditors	71,521	69,983
Total	118,339	117,359

Director:		Shaun Lawrence
		Gemma Kettink


Secretary:		Shaun Lawrence


Registered office:		93 Greenacres Ring Angmering Littlehampton England BN16 4BS


Company Registration Number:		07209245 (England and Wales)

Accounts Submission