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Company Registration No. 12180985 (England and Wales)
Asp Acc : SC LTD Unaudited accounts for the year ended 30 September 2023
Asp Acc : SC LTD Unaudited accounts Contents
Page
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Asp Acc : SC LTD Company Information for the year ended 30 September 2023
Director
David Johns
Company Number
12180985 (England and Wales)
Registered Office
FIRST FLOOR, 85 GREAT PORTLAND STREET LONDON W1W 7LT ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Accountants' report to the Board of Directors on the unaudited financial statements of Asp Acc : SC LTD for the year ended 30 September 2023
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 30 September 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
RAE Business Services (Yorkshire) Limited Chartered Accountants First Floor 85 Great Portland Street London W1W 7LT 8 January 2024
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Asp Acc : SC LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
- 
325,000 
Current assets
Cash at bank and in hand
- 
2,659 
Creditors: amounts falling due within one year
(606)
(155,829)
Net current liabilities
(606)
(153,170)
Total assets less current liabilities
(606)
171,830 
Creditors: amounts falling due after more than one year
- 
(205,000)
Net liabilities
(606)
(33,170)
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
- 
2,478 
Profit and loss account
(1,606)
(36,648)
Shareholders' funds
(606)
(33,170)
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 director acknowledges his 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 6 February 2024 and were signed on its behalf by
David Johns Director Company Registration No. 12180985
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Asp Acc : SC LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Asp Acc : SC LTD is a private company, limited by shares, registered in England and Wales, registration number 12180985. The registered office is FIRST FLOOR, 85, GREAT PORTLAND STREET, LONDON, W1W 7LT, 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
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 October 2022
325,000 
Disposals
(325,000)
At 30 September 2023
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
5,225 
Other creditors
- 
149,997 
Accruals
606 
607 
606 
155,829 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
205,000 
Aggregate of amounts that fall due for payment after five years
- 
205,000 
7
Transactions with related parties
Loans from related companies of £119,363 have been fully written off.
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Asp Acc : SC LTD Notes to the Accounts for the year ended 30 September 2023
8
Controlling party
Aspire Accommodation Limited 85 Great Portland Street London W1W 7LT England
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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