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Company Registration No. 08450914 (England and Wales)
Aspire Accounting & Financial Management Ltd Unaudited accounts for the year ended 5 April 2024
Aspire Accounting & Financial Management Ltd Unaudited accounts Contents
Page
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Aspire Accounting & Financial Management Ltd Company Information for the year ended 5 April 2024
Director
Jane Lennon-Knight
Company Number
08450914 (England and Wales)
Registered Office
WITTS END 13A THORNCROFT DRIVE BARNSTON WIRRAL CH61 1AG United Kingdom
Accountants
Aspire Accounting & Financial Management Ltd WITTS END THORNCROFT DRIVE BARNSTON WIRRAL CH61 1AG
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Aspire Accounting & Financial Management Ltd for the year ended 5 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aspire Accounting & Financial Management Ltd for the year ended 5 April 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Aspire Accounting & Financial Management Ltd, as a body, in accordance with the terms of our engagement letter dated 3 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of Aspire Accounting & Financial Management Ltd and state those matters that we have agreed to state to the Board of Directors of Aspire Accounting & Financial Management Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aspire Accounting & Financial Management Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aspire Accounting & Financial Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Aspire Accounting & Financial Management Ltd. You consider that Aspire Accounting & Financial Management Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Aspire Accounting & Financial Management Ltd. 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 statutory accounts.
Aspire Accounting & Financial Management Ltd Member in Practice WITTS END THORNCROFT DRIVE BARNSTON WIRRAL CH61 1AG 3 April 2024
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Aspire Accounting & Financial Management Ltd Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,725 
- 
Current assets
Debtors
2,333 
- 
Cash at bank and in hand
25,076 
45,073 
27,409 
45,073 
Creditors: amounts falling due within one year
(330)
(8,527)
Net current assets
27,079 
36,546 
Net assets
53,804 
36,546 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
53,704 
36,446 
Shareholders' funds
53,804 
36,546 
For the year ending 5 April 2024 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 11 April 2024 and were signed on its behalf by
Jane Lennon-Knight Director Company Registration No. 08450914
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Aspire Accounting & Financial Management Ltd Notes to the Accounts for the year ended 5 April 2024
1
Statutory information
Aspire Accounting & Financial Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 08450914. The registered office is WITTS END 13A THORNCROFT DRIVE, BARNSTON, WIRRAL, CH61 1AG, United Kingdom.
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 has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% per annum
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 6 April 2023
- 
Additions
29,694 
At 5 April 2024
29,694 
Depreciation
Charge for the year
2,969 
At 5 April 2024
2,969 
Net book value
At 5 April 2024
26,725 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,333 
- 
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Aspire Accounting & Financial Management Ltd Notes to the Accounts for the year ended 5 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
330 
6,911 
Loans from directors
- 
1,616 
330 
8,527 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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