Inspired PR Limited - Period Ending 2018-04-30
Inspired PR Limited - Period Ending 2018-04-30
Registration number:
Inspired PR Limited
for the Year Ended 30 April 2018
Chartered Certified Accountants
1st Floor
The Barn House
38 Meadow Way
Ruislip
HA4 8SY
Inspired PR Limited
Contents
Company Information |
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Abridged Balance Sheet |
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Notes to the Abridged Financial Statements |
Inspired PR Limited
Company Information
Directors |
LA Whiteside JA Metcalf R Metcalf |
Registered office |
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Accountants |
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Page 1 |
Inspired PR Limited
(Registration number: 06541767)
Abridged Balance Sheet as at 30 April 2018
Note |
2018 |
2017 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
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Director
Page 2 |
Inspired PR Limited
Notes to the Abridged Financial Statements for the Year Ended 30 April 2018
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover represents net invoiced sales of services, excluding value added tax.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Computer Equipment |
33.3% on cost |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Page 3 |
Inspired PR Limited
Notes to the Abridged Financial Statements for the Year Ended 30 April 2018
Tangible assets |
Office equipment |
Total |
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Cost or valuation |
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At 1 May 2017 |
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At 30 April 2018 |
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Depreciation |
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At 1 May 2017 |
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At 30 April 2018 |
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Carrying amount |
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At 30 April 2018 |
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Share capital |
Allotted, called up and fully paid shares
2018 |
2017 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Page 4 |