Aspire Group Holdings Ltd

Aspire Group Holdings Ltd

ASPIRE GROUP HOLDINGS LTD - Company Information

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1 January 2021 false Taxfiler 2022.8.3 11761031business:PrivateLimitedCompanyLtd2021-01-012021-12-31 117610312020-12-31 117610312021-01-012021-12-31 11761031business:AuditExemptWithAccountantsReport2021-01-012021-12-31 11761031business:FullAccounts2021-01-012021-12-31 117610312021-12-31 11761031business:Director12021-01-012021-12-31 11761031business:Director22021-01-012021-12-31 11761031business:RegisteredOffice2021-01-012021-12-31 117610312020-12-31 11761031core:WithinOneYear2021-12-31 11761031core:WithinOneYear2020-12-31 11761031core:ShareCapital2021-12-31 11761031core:ShareCapital2020-12-31 11761031core:RetainedEarningsAccumulatedLosses2021-12-31 11761031core:RetainedEarningsAccumulatedLosses2020-12-31 11761031business:SmallEntities2021-01-012021-12-31 11761031countries:EnglandWales2021-01-012021-12-31 11761031core:AdditionsToInvestments2021-12-31 117610312020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11761031 (England and Wales)
Aspire Group Holdings Ltd Unaudited accounts for the year ended 31 December 2021
Aspire Group Holdings Ltd Unaudited accounts Contents
Page
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Aspire Group Holdings Ltd Company Information for the year ended 31 December 2021
Directors
Christopher Paton Christopher John Henry
Company Number
11761031 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Aspire Group Holdings Ltd Accountants' report
Accountants' report to the board of directors of Aspire Group Holdings Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aspire Group Holdings Ltd for the year ended 31 December 2021 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Aspire Group Holdings Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Aspire Group Holdings Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aspire Group Holdings Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aspire Group Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Aspire Group Holdings Ltd. You consider that Aspire Group Holdings Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Aspire Group Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 1 August 2022
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Aspire Group Holdings Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Investments
4
27 
- 
Current assets
Debtors
5
9,263 
11,229 
Cash at bank and in hand
89 
46 
9,352 
11,275 
Creditors: amounts falling due within one year
6
(10,321)
(11,541)
Net current liabilities
(969)
(266)
Net liabilities
(942)
(266)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,042)
(366)
Shareholders' funds
(942)
(266)
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2022 and were signed on its behalf by
Christopher John Henry Director Company Registration No. 11761031
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Aspire Group Holdings Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Aspire Group Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11761031. The registered office is 7 Bell Yard, London, WC2A 2JR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2021
- 
Additions
27 
Valuation at 31 December 2021
27 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Amounts due from group undertakings etc.
9,163 
5,700 
Other debtors
100 
5,529 
9,263 
11,229 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other creditors
9,841 
11,181 
Accruals
480 
360 
10,321 
11,541 
7
Transactions with related parties
Included in debtors are interest-free loans of £7,135 (2020 - £5,700) owed by related companies. Included in creditors are interest-free loans of £7,751 (2020 - £5,751) owed by related companies. These loans are repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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