ASPIRE SUPPORT LTD

Company Registration Number:
12200272 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2022

Period of accounts

Start date: 01 October 2021

End date: 30 June 2022

ASPIRE SUPPORT LTD

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Notes

ASPIRE SUPPORT LTD

Balance sheet

As at 30 June 2022


Notes

9 months to 30 June 2022

2021


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,996 1,163
Total fixed assets: 3,996 1,163
Current assets
Debtors:   80,740 2,219
Cash at bank and in hand: 60,220 27,279
Total current assets: 140,960 29,498
Creditors: amounts falling due within one year: 4 (190,319) (20,948)
Net current assets (liabilities): (49,359) 8,550
Total assets less current liabilities: (45,363) 9,713
Creditors: amounts falling due after more than one year: 5 (60,575) (25,000)
Total net assets (liabilities): (105,938) (15,287)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (105,940) (15,289)
Shareholders funds: (105,938) (15,287)

The notes form part of these financial statements

ASPIRE SUPPORT LTD

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 October 2023
and signed on behalf of the board by:

Name: A Bosley
Status: Director

The notes form part of these financial statements

ASPIRE SUPPORT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. the stage of completion of the contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. depreciation is provided on all tangible fixed asset, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Leasehold land and buildings over the lease termPlant and machinery 25% reducing balance

Other accounting policies

DebtorsShort term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.CreditorsShort term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

ASPIRE SUPPORT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

2. Employees

9 months to 30 June 2022 2021
Average number of employees during the period 45 3

ASPIRE SUPPORT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible Assets

Total
Cost £
At 01 October 2021 2,054
Additions 4,073
At 30 June 2022 6,127
Depreciation
At 01 October 2021 891
Charge for year 1,240
At 30 June 2022 2,131
Net book value
At 30 June 2022 3,996
At 30 September 2021 1,163

ASPIRE SUPPORT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts 10520Trade creditors 79850taxation and social security costs 81159Other creditors 18790 190319

ASPIRE SUPPORT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Creditors: amounts falling due after more than one year note

bank loans 60,575