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REGISTERED NUMBER: 10611845 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ASPECTS (EARLSDON) LIMITED

ASPECTS (EARLSDON) LIMITED (REGISTERED NUMBER: 10611845)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


ASPECTS (EARLSDON) LIMITED

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTORS: A Milne
J W T Luckett





REGISTERED OFFICE: Seven Stars House
1 Wheler Road
Coventry
CV3 4LB





REGISTERED NUMBER: 10611845 (England and Wales)






ASPECTS (EARLSDON) LIMITED (REGISTERED NUMBER: 10611845)

ABRIDGED BALANCE SHEET
28 February 2023

2023 2022
£    £   
CURRENT ASSETS
Stocks - 32,141
Debtors 91,027 159,741
Cash at bank 39,531 119,952
130,558 311,834
CREDITORS
Amounts falling due within one year 129,681 310,735
NET CURRENT ASSETS 877 1,099
TOTAL ASSETS LESS CURRENT
LIABILITIES

877

1,099

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 777 999
877 1,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





A Milne - Director


ASPECTS (EARLSDON) LIMITED (REGISTERED NUMBER: 10611845)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023

1. STATUTORY INFORMATION

Aspects (Earlsdon) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's place of business is Units 10/11 Mere Farm Business Complex, Red House Lane, Hannington, Northamptonshire, NN6 9FP.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Going concern

The Directors are satisfied that the company has sufficient resources to continue in operation and to meet its foreseeable needs. The Directors have considered financial forecasts and are carefully monitoring the ongoing situation regarding the Coronavirus pandemic.

The company is following issued guidance and has implemented changes to its risk assessment and health and safety procedures to ensure that its employees and contractors can continue to work COVID-secure.

The Directors have therefore concluded that there are no material uncertainties for the company, and so it is appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Work in progress
The amount of profit attributable to the stage of completion of long term projects is arrived at by reference to the estimated overall profitability of the project. Appropriate provisions are made for any losses in the year in which they are first foreseen. Work in progress relating to long term projects is stated at cost less provision for anticipated losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ASPECTS (EARLSDON) LIMITED (REGISTERED NUMBER: 10611845)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).