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
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
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
Aspire Group Holdings Ltd
Statement of financial position
as at 31 December 2021
Cash at bank and in hand
89
46
Creditors: amounts falling due within one year
(10,321)
(11,541)
Net current liabilities
(969)
(266)
Net liabilities
(942)
(266)
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
Aspire Group Holdings Ltd
Notes to the Accounts
for the year ended 31 December 2021
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.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2021
-
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
6
Creditors: amounts falling due within one year
2021
2020
Other creditors
9,841
11,181
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).