Company Registration No. 09904719 (England and Wales)
Aspire Inns Ltd
Unaudited accounts
for the year ended 31 December 2022
Aspire Inns Ltd
Unaudited accounts
Contents
Aspire Inns Ltd
Company Information
for the year ended 31 December 2022
Directors
Mr M Cooper
Mr J McGregor
Company Number
09904719 (England and Wales)
Registered Office
The Wheatsheaf Inn
22 High Street
Ingleton
Lancashire
LA6 3AD
Accountants
Blend Accountants
First Floor Brunel House
9 Penrod Way
Heysham
Lancashire
LA3 2UZ
Aspire Inns Ltd
Statement of financial position
as at 31 December 2022
Tangible assets
17,601
6,050
Cash at bank and in hand
160,373
116,842
Creditors: amounts falling due within one year
(328,695)
(110,071)
Net current assets
123,418
103,228
Net assets
141,019
109,278
Called up share capital
2
2
Profit and loss account
141,017
109,276
Shareholders' funds
141,019
109,278
For the year ending 31 December 2022 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 15 March 2023 and were signed on its behalf by
Mr M Cooper
Director
Company Registration No. 09904719
Aspire Inns Ltd
Notes to the Accounts
for the year ended 31 December 2022
Aspire Inns Ltd is a private company, limited by shares, registered in England and Wales, registration number 09904719. The registered office is The Wheatsheaf Inn, 22 High Street, Ingleton, Lancashire, LA6 3AD.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Plant & machinery
25% Reducing balance
Computer equipment
40% Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
4,074
14,257
18,331
Additions
2,225
19,980
22,205
At 31 December 2022
6,299
34,237
40,536
At 1 January 2022
1,983
10,298
12,281
Charge for the year
1,079
9,575
10,654
At 31 December 2022
3,062
19,873
22,935
At 31 December 2022
3,237
14,364
17,601
At 31 December 2021
2,091
3,959
6,050
Aspire Inns Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
239,842
58,122
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
200,614
67,947
Taxes and social security
65,500
29,251
Other creditors
27,290
5,492
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 25 (2021: 25).