Silverfin false 31/03/2023 01/04/2022 31/03/2023 A S Rostas 26/03/2015 A R H Rostas 28/05/2017 P D Rostas 26/03/2015 Z G Rostas 01/06/2019 26 October 2023 The principal activity of Aspect Capital Solutions Limited is that of providing consultancy services. 09511130 2023-03-31 09511130 bus:Director1 2023-03-31 09511130 bus:Director2 2023-03-31 09511130 bus:Director3 2023-03-31 09511130 bus:Director4 2023-03-31 09511130 2022-03-31 09511130 core:CurrentFinancialInstruments 2023-03-31 09511130 core:CurrentFinancialInstruments 2022-03-31 09511130 core:Non-currentFinancialInstruments 2023-03-31 09511130 core:Non-currentFinancialInstruments 2022-03-31 09511130 core:ShareCapital 2023-03-31 09511130 core:ShareCapital 2022-03-31 09511130 core:RetainedEarningsAccumulatedLosses 2023-03-31 09511130 core:RetainedEarningsAccumulatedLosses 2022-03-31 09511130 core:FurnitureFittings 2022-03-31 09511130 core:OfficeEquipment 2022-03-31 09511130 core:FurnitureFittings 2023-03-31 09511130 core:OfficeEquipment 2023-03-31 09511130 bus:OrdinaryShareClass1 2023-03-31 09511130 2022-04-01 2023-03-31 09511130 bus:FullAccounts 2022-04-01 2023-03-31 09511130 bus:SmallEntities 2022-04-01 2023-03-31 09511130 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 09511130 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09511130 bus:Director1 2022-04-01 2023-03-31 09511130 bus:Director2 2022-04-01 2023-03-31 09511130 bus:Director3 2022-04-01 2023-03-31 09511130 bus:Director4 2022-04-01 2023-03-31 09511130 core:FurnitureFittings core:TopRangeValue 2022-04-01 2023-03-31 09511130 core:OfficeEquipment core:TopRangeValue 2022-04-01 2023-03-31 09511130 2021-04-01 2022-03-31 09511130 core:FurnitureFittings 2022-04-01 2023-03-31 09511130 core:OfficeEquipment 2022-04-01 2023-03-31 09511130 core:Non-currentFinancialInstruments 2022-04-01 2023-03-31 09511130 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 09511130 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09511130 (England and Wales)

ASPECT CAPITAL SOLUTIONS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

ASPECT CAPITAL SOLUTIONS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ASPECT CAPITAL SOLUTIONS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2023
ASPECT CAPITAL SOLUTIONS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 7,337 9,907
7,337 9,907
Current assets
Debtors 4 40,131 76,546
Cash at bank and in hand 5 3,996 1,022
44,127 77,568
Creditors: amounts falling due within one year 6 ( 32,993) ( 51,845)
Net current assets 11,134 25,723
Total assets less current liabilities 18,471 35,630
Creditors: amounts falling due after more than one year 7 ( 45,127) ( 51,200)
Net liabilities ( 26,656) ( 15,570)
Capital and reserves
Called-up share capital 8 1,000 1,000
Profit and loss account ( 27,656 ) ( 16,570 )
Total shareholders' deficit ( 26,656) ( 15,570)

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Aspect Capital Solutions Limited (registered number: 09511130) were approved and authorised for issue by the Director. They were signed on its behalf by:

A S Rostas
Director

26 October 2023

ASPECT CAPITAL SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ASPECT CAPITAL SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Aspect Capital Solutions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

**Rendering of services**

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
* the amount of revenue can be measured reliably;
* it is probable that the Company will receive the consideration due under the contract;
* the stage of completion of the contract at the end of the reporting period can be measured reliably; and
* the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Current tax
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Fixtures and fittings 4 years straight line
Office equipment 4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Borrowing costs

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Related party transactions

Included within other Creditors is £ 25,020 (2022 : £38,105 included within other debtors ). This balance is unsecured and interest on debit balance payable at the HM Revenue and Customs rate, with no fixed repayment terms.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Tangible assets

Fixtures and fittings Office equipment Total
£ £ £
Cost
At 01 April 2022 4,117 25,903 30,020
Additions 0 3,241 3,241
At 31 March 2023 4,117 29,144 33,261
Accumulated depreciation
At 01 April 2022 4,117 15,996 20,113
Charge for the financial year 0 5,811 5,811
At 31 March 2023 4,117 21,807 25,924
Net book value
At 31 March 2023 0 7,337 7,337
At 31 March 2022 0 9,907 9,907

4. Debtors

2023 2022
£ £
Trade debtors 21,000 21,000
Corporation tax 19,131 17,443
Other debtors 0 38,103
40,131 76,546

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 3,996 1,022

6. Creditors: amounts falling due within one year

2023 2022
£ £
Accruals 4,848 4,848
Taxation and social security 3,124 46,997
Other creditors 25,021 0
32,993 51,845

7. Creditors: amounts falling due after more than one year

2023 2022
£ £
Other loans 45,127 51,200

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000