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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
Page
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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
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Aspire Inns Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,601 
6,050 
Current assets
Inventories
51,898 
36,102 
Debtors
239,842 
60,355 
Cash at bank and in hand
160,373 
116,842 
452,113 
213,299 
Creditors: amounts falling due within one year
(328,695)
(110,071)
Net current assets
123,418 
103,228 
Net assets
141,019 
109,278 
Capital and reserves
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
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Aspire Inns Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
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.
Turnover
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 
Depreciation
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 
Net book value
At 31 December 2022
3,237 
14,364 
17,601 
At 31 December 2021
2,091 
3,959 
6,050 
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Aspire Inns Ltd Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
239,842 
58,122 
Other debtors
- 
2,233 
239,842 
60,355 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
34,691 
6,781 
Trade creditors
200,614 
67,947 
Taxes and social security
65,500 
29,251 
Other creditors
27,290 
5,492 
Accruals
600 
600 
328,695 
110,071 
7
Share capital
2022 
2021 
£ 
£ 
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).
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