Company Registration No. 06817628 (England and Wales)
ASPIRE FINANCIAL LTD
Unaudited accounts
for the year ended 31 March 2024
ASPIRE FINANCIAL LTD
Unaudited accounts
Contents
ASPIRE FINANCIAL LTD
Company Information
for the year ended 31 March 2024
Company Number
06817628 (England and Wales)
Registered Office
4 THE ELMS
ST FAITHS ROAD
NORWICH
NR6 7BP
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
ASPIRE FINANCIAL LTD
Statement of financial position
as at 31 March 2024
Tangible assets
128,471
129,002
Cash at bank and in hand
89,835
63,678
Creditors: amounts falling due within one year
(22,940)
(23,253)
Net current assets
852,852
824,044
Net assets
981,323
953,046
Called up share capital
200
200
Profit and loss account
981,123
952,846
Shareholders' funds
981,323
953,046
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 22 May 2024 and were signed on its behalf by
Glen Robinson
Director
Company Registration No. 06817628
ASPIRE FINANCIAL LTD
Notes to the Accounts
for the year ended 31 March 2024
ASPIRE FINANCIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 06817628. The registered office is 4 THE ELMS, ST FAITHS ROAD, NORWICH, NR6 7BP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
126,880
5,377
6,228
138,485
At 31 March 2024
126,880
5,377
6,228
138,485
At 1 April 2023
-
4,101
5,382
9,483
Charge for the year
-
319
212
531
At 31 March 2024
-
4,420
5,594
10,014
At 31 March 2024
126,880
957
634
128,471
At 31 March 2023
126,880
1,276
846
129,002
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
785,957
564,233
ASPIRE FINANCIAL LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
21,230
22,488
Loans from directors
945
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
100 Ordinary B shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
