1 July 2022 false No description of principal activity Taxfiler 2023.10 13478558business:PrivateLimitedCompanyLtd2022-07-012023-06-30 134785582022-06-30 134785582022-07-012023-06-30 13478558business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 13478558business:FilletedAccounts2022-07-012023-06-30 134785582023-06-30 13478558business:Director12022-07-012023-06-30 13478558business:RegisteredOffice2022-07-012023-06-30 134785582022-06-30 13478558core:WithinOneYear2023-06-30 13478558core:WithinOneYear2022-06-30 13478558core:AfterOneYear2023-06-30 13478558core:AfterOneYear2022-06-30 13478558core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 13478558core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 13478558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 13478558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 13478558core:PreviouslyStatedAmount2023-06-30 13478558core:PreviouslyStatedAmount2022-06-30 13478558business:SmallEntities2022-07-012023-06-30 13478558countries:EnglandWales2022-07-012023-06-30 13478558core:AfterOneYear2022-07-012023-06-30 134785582021-06-252022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 13478558 (England and Wales)
ASPIRE INFOTECH TECHNOLOGIES LTD Unaudited accounts for the year ended 30 June 2023
ASPIRE INFOTECH TECHNOLOGIES LTD Unaudited accounts Contents
Page
- 2 -
ASPIRE INFOTECH TECHNOLOGIES LTD Company Information for the year ended 30 June 2023
Director
Jyoti Chaudhary
Company Number
13478558 (England and Wales)
Registered Office
OFFICE A 2-6 ROCHDALE ROAD MIDDLETON MANCHESTER M24 6DP ENGLAND
- 3 -
ASPIRE INFOTECH TECHNOLOGIES LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
6,657 
800 
Creditors: amounts falling due within one year
(1,150)
- 
Net current assets
5,507 
800 
Total assets less current liabilities
5,507 
800 
Creditors: amounts falling due after more than one year
(29,902)
(17,202)
Net liabilities
(24,395)
(16,402)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(24,495)
(16,502)
Shareholders' funds
(24,395)
(16,402)
For the year ending 30 June 2023 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 director acknowledges her 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 and authorised for issue on 17 November 2023 and were signed on its behalf by
Jyoti Chaudhary Director Company Registration No. 13478558
- 4 -
ASPIRE INFOTECH TECHNOLOGIES LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
ASPIRE INFOTECH TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13478558. The registered office is OFFICE A 2-6 ROCHDALE ROAD, MIDDLETON, MANCHESTER, M24 6DP, ENGLAND.
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
These financial statements for the year ended 30 June 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 25 June 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 8 below.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. $1.00 equates to £0.81
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
1,150 
- 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
12,500 
- 
Loans from directors
17,402 
17,202 
29,902 
17,202 
Funds from group undertaking are being paid by RS High Tech Private Limited, the Parent Company.
6
Transactions with related parties
Funds from group undertaking are from the Parent Company.
- 5 -
ASPIRE INFOTECH TECHNOLOGIES LTD Notes to the Accounts for the year ended 30 June 2023
7
Average number of employees
During the year the average number of employees was 3 (2022: 1).
8
Reconciliations on adoption of FRS 102
- 6 -