1 September 2022 v2023.31.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activityxbrli:purexbrli:sharesiso4217:GBP121508302022-09-012023-08-31121508302023-08-3112150830bus:Director12022-09-012023-08-3112150830bus:RegisteredOffice2022-09-012023-08-31121508302021-09-012022-08-31121508302022-08-3112150830core:WithinOneYear2022-08-3112150830core:AfterOneYear2023-08-3112150830core:AfterOneYear2022-08-3112150830core:ShareCapital2023-08-3112150830core:ShareCapital2022-08-3112150830core:RetainedEarningsAccumulatedLosses2023-08-3112150830core:RetainedEarningsAccumulatedLosses2022-08-311215083012022-09-012023-08-3112150830countries:EnglandWales2022-09-012023-08-3112150830bus:AuditExemptWithAccountantsReport2022-09-012023-08-3112150830bus:PrivateLimitedCompanyLtd2022-09-012023-08-3112150830bus:SmallEntities2022-09-012023-08-3112150830bus:FullAccounts2022-09-012023-08-31
Company registration number:
12150830
ASPIRE GREEN LTD
Unaudited Financial Statements for the year ended
31 August 2023
ASPIRE GREEN LTD
Officers and Professional Advisers
Year ended
31 August 2023
Director
Mr Mudassar Khan
Registered office
7
Bell Yard
London
WC2A 2JR
United Kingdom
Accountant
skillex ltd
241
high street
walthamstow
E17 7BH
United Kingdom
ASPIRE GREEN LTD
Director's Report
Year ended
31 August 2023
The director presents the report and the unaudited
financial statements
of the company for the year ended 31 August 2023.

Directors

The director who served the company during the year was as follows:
Mr Mudassar Khan

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
1 December 2023
and signed on behalf of the board by:
Mr Mudassar Khan
Director
ASPIRE GREEN LTD
Report to the board of directors on the preparation of the unaudited statutory financial statements of ASPIRE GREEN LTD
Year ended
31 August 2023
As described on the statement of financial position, the Board of Directors of
ASPIRE GREEN LTD
are responsible for the preparation of the
financial statements
for the year ended
31 August 2023
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
skillex ltd
241
high street
walthamstow
E17 7BH
United Kingdom
Date:
1 December 2023
ASPIRE GREEN LTD
Income Statement
Year ended
31 August 2023
20232022
££
Turnover
1,038,213
 
496,308
 
Cost of sales
(871,164
) (429,712 )
Gross profit
167,049
 
66,596
 
Administrative expenses
(159,263
)
(115,099
)
Other operating income -  
3,498
 
Operating profit/(loss)
7,786
 
(45,005
)
Interest payable and similar expenses
(250
)
(900
)
Profit/(loss) before tax
7,536
 
(45,905
)
Tax on profit/(loss) -   -  
Profit/(loss) for the financial year
7,536
 
(45,905
)
The company has no other recognised items of income or expense other than the results for the year as set out above.
ASPIRE GREEN LTD
Statement of Financial Position
31 August 2023
20232022
Note££
Current assets    
Cash at bank and in hand
1,253
 
25,057
 
Creditors: amounts falling due within one year 5 -  
(30,000
)
Net current assets/(liabilities)
1,253
 
(4,943
)
Total assets less current liabilities 1,253   (4,943 )
Creditors: amounts falling due after more than one year 6
(110,484
)
(111,824
)
Net liabilities
(109,231
)
(116,767
)
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(109,232
)
(116,768
)
Shareholders deficit
(109,231
)
(116,767
)
For the year ending
31 August 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
1 December 2023
, and are signed on behalf of the board by:
Mr Mudassar Khan
Director
Company registration number:
12150830
ASPIRE GREEN LTD
Notes to the Financial Statements
Year ended
31 August 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
7
,
Bell Yard
,
London
,
WC2A 2JR
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2022:
2
).

5 Creditors: amounts falling due within one year

20232022
££
Trade creditors -  
30,000
 

6 Creditors: amounts falling due after more than one year

20232022
££
Bank loans and overdrafts
31,485
 
43,356
 
Trade creditors
78,999
 
68,468
 
110,484
 
111,824