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Company Registration No. 05943133 (England and Wales)
ASPIRE HAIR & BEAUTY LIMITED Unaudited accounts for the year ended 30 September 2023
ASPIRE HAIR & BEAUTY LIMITED Unaudited accounts Contents
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ASPIRE HAIR & BEAUTY LIMITED Company Information for the year ended 30 September 2023
Directors
Susan Raisbeck John Raisbeck
Company Number
05943133 (England and Wales)
Registered Office
17 EDINGTON PLACE, GROVE WANTAGE OXON OX12 0BX
Accountants
Swash & Co Boston House Grove Business Park Wantage Oxfordshire OX12 9FF
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ASPIRE HAIR & BEAUTY LIMITED Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
500 
Current assets
Inventories
8,270 
4,846 
Debtors
37 
106 
Cash at bank and in hand
3,008 
- 
11,315 
4,952 
Creditors: amounts falling due within one year
(21,065)
(19,354)
Net current liabilities
(9,750)
(14,402)
Total assets less current liabilities
(9,750)
(13,902)
Creditors: amounts falling due after more than one year
(18,782)
(24,416)
Net liabilities
(28,532)
(38,318)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(28,534)
(38,320)
Shareholders' funds
(28,532)
(38,318)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by
Susan Raisbeck Director Company Registration No. 05943133
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ASPIRE HAIR & BEAUTY LIMITED Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
ASPIRE HAIR & BEAUTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05943133. The registered office is 17 EDINGTON PLACE, GROVE, WANTAGE, OXON, OX12 0BX.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation on tangible assets is aimed at reducing the asset to scrap value by the end of its useful life.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2022
7,261 
Disposals
(7,261)
At 30 September 2023
- 
Depreciation
At 1 October 2022
6,761 
On disposals
(6,761)
At 30 September 2023
- 
Net book value
At 30 September 2023
- 
At 30 September 2022
500 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
37 
106 
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ASPIRE HAIR & BEAUTY LIMITED Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
12,662 
9,826 
Trade creditors
1,256 
1,080 
Taxes and social security
4,722 
4,449 
Other creditors
260 
140 
Loans from directors
2,165 
3,859 
21,065 
19,354 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
18,782 
24,416 
8
Average number of employees
During the year the average number of employees was 8 (2022: 5).
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