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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
Page
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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
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Aspen Advisers Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,724 
- 
Current assets
Debtors
57,214 
6,162 
Cash at bank and in hand
476,729 
8,933 
533,943 
15,095 
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)
Capital and reserves
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
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Aspen Advisers Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
Going concern
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 taxation
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:
Fixtures & fittings
25%
Computer equipment
25%
Turnover
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.
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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 
At 1 January 2023
- 
- 
- 
Additions
6,624 
10,341 
16,965 
At 31 December 2023
6,624 
10,341 
16,965 
Depreciation
Charge for the year
1,656 
2,585 
4,241 
At 31 December 2023
1,656 
2,585 
4,241 
Net book value
At 31 December 2023
4,968 
7,756 
12,724 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
6,162 
6,162 
Accrued income and prepayments
51,052 
- 
57,214 
6,162 
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 
- 
Accruals
35,534 
322 
60,372 
40,563 
7
Share capital
2023 
2022 
£ 
£ 
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 
- 
1,032 
800 
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.
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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).
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