Company Registration No. 14115281 (England and Wales)
Aspen Advisers Limited
Unaudited accounts
for the year ended 31 December 2023
Aspen Advisers Limited
Unaudited accounts
Contents
Aspen Advisers Limited
Company Information
for the year ended 31 December 2023
Directors
Wenda Field
Angus Jack
Mark Livingston
Brian O'Connor
Andrew Spence
Company Number
14115281 (England and Wales)
Registered Office
Level 4, Dashwood House
69 Old Broad Street
London
EC2M 1QS
England
Aspen Advisers Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
476,729
8,933
Creditors: amounts falling due within one year
(60,372)
(40,563)
Net current assets/(liabilities)
473,571
(25,468)
Net assets/(liabilities)
486,295
(25,468)
Called up share capital
1,032
800
Capital contribution reserve
999,768
-
Profit and loss account
(514,505)
(26,268)
Shareholders' funds
486,295
(25,468)
For the year ending 31 December 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 9 September 2024 and were signed on its behalf by
Mark Livingston
Director
Company Registration No. 14115281
Aspen Advisers Limited
Notes to the Accounts
for the year ended 31 December 2023
Aspen Advisers Limited is a private company, limited by shares, registered in England and Wales, registration number 14115281. The registered office is Level 4, Dashwood House, 69 Old Broad Street, London, EC2M 1QS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors have a reasonable expectation that the Company has adequate resources to continue its operations for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax.
Aspen Advisers Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
6,624
10,341
16,965
At 31 December 2023
6,624
10,341
16,965
Charge for the year
1,656
2,585
4,241
At 31 December 2023
1,656
2,585
4,241
At 31 December 2023
4,968
7,756
12,724
Amounts falling due within one year
Deferred tax asset
6,162
6,162
Accrued income and prepayments
51,052
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
25,000
Trade creditors
11,794
15,241
Taxes and social security
13,044
-
Allotted, called up and fully paid:
80,000 Ordinary shares of £0.01 each
800
800
23,200 Preference Shares of £0.01 each
232
-
Shares issued during the period:
23,200 Preference Shares of £0.01 each
232
8
Capital contribution reserve
A Preference Share Premium account was created during the year in relation to a capital contribution by company shareholders.
Aspen Advisers Limited
Notes to the Accounts
for the year ended 31 December 2023
9
Post balance sheet events
Following the year end Umer Sharif resigned as a Director on 10 Jan 2024 and Wenda Field was appointed as a Director on 10 Jan 2024
10
Average number of employees
During the year the average number of employees was 4 (2022: 2).