ASPIRE DISTRIBUTIONS LIMITED

Company Registration Number:
11631445 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ASPIRE DISTRIBUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

ASPIRE DISTRIBUTIONS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 2,259,841 1,941,380
Total fixed assets: 2,259,841 1,941,380
Current assets
Stocks: 1,359,857 758,691
Debtors:   1,254,414 1,223,847
Cash at bank and in hand: 423,157 348,594
Total current assets: 3,037,428 2,331,132
Creditors: amounts falling due within one year:   (514,265) (322,849)
Net current assets (liabilities): 2,523,163 2,008,283
Total assets less current liabilities: 4,783,004 3,949,663
Total net assets (liabilities): 4,783,004 3,949,663
Capital and reserves
Called up share capital: 300,000 300,000
Profit and loss account: 4,483,004 3,649,663
Shareholders funds: 4,783,004 3,949,663

The notes form part of these financial statements

ASPIRE DISTRIBUTIONS LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 March 2024
and signed on behalf of the board by:

Name: LEE SEAN JARDINE
Status: Director

The notes form part of these financial statements

ASPIRE DISTRIBUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ASPIRE DISTRIBUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 21 17

ASPIRE DISTRIBUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 2,157,893
Additions 560,315
At 31 October 2023 2,718,208
Depreciation
At 01 November 2022 216,513
Charge for year 241,854
At 31 October 2023 458,367
Net book value
At 31 October 2023 2,259,841
At 31 October 2022 1,941,380