REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
for |
Aspire Investments (Warwickshire) LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
for |
Aspire Investments (Warwickshire) LLP |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Contents of the Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Certified Accountants' Report | 3 |
Income Statement | 4 |
Statement of Financial Position | 5 |
Notes to the Financial Statements | 6 | to | 7 |
Aspire Investments (Warwickshire) LLP |
General Information |
for the Period 1 November 2022 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
13 The Courtyard |
Timothys Bridge Road |
Stratford upon Avon |
Warwickshire |
CV37 9NP |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Report of the Members |
for the Period 1 November 2022 to 31 March 2024 |
The members present their report with the financial statements of the LLP for the period 1 November 2022 to 31 March 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of property development and investment. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The profit for the period before members' remuneration and profit shares was £30,819 (2022 - £30,896 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Certified Accountants' Report to the Members |
on the Unaudited Financial Statements of |
Aspire Investments (Warwickshire) LLP |
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Aspire Investments (Warwickshire) LLP for the period ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the LLP's accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the members of Aspire Investments (Warwickshire) LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aspire Investments (Warwickshire) LLP and state those matters that we have agreed to state to the members of Aspire Investments (Warwickshire) LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report. |
It is your duty to ensure that Aspire Investments (Warwickshire) LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aspire Investments (Warwickshire) LLP. You consider that Aspire Investments (Warwickshire) LLP is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Aspire Investments (Warwickshire) LLP. 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 financial statements. |
David Murphy FCCA on behalf of Grenfell James Associates Limited |
13 The Courtyard |
Timothys Bridge Road |
Stratford upon Avon |
Warwickshire |
CV37 9NP |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Income Statement |
for the Period 1 November 2022 to 31 March 2024 |
Period |
1.11.22 |
to | Year ended |
31.3.24 | 31.10.22 |
£ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT and |
PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Statement of Financial Position |
31 March 2024 |
2024 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,333,734 |
1,337,004 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
1,333,734 |
1,337,004 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 1,333,734 | 1,337,004 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Notes to the Financial Statements |
for the Period 1 November 2022 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Aspire Investments (Warwickshire) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Computer equipment | - |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Freehold | Plant and | Computer |
property | machinery | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 November 2022 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 November 2022 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 October 2022 |
Aspire Investments (Warwickshire) LLP (Registered number: OC331973) |
Notes to the Financial Statements - continued |
for the Period 1 November 2022 to 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Trade creditors |
Other creditors |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to member's rank equally to other creditors. |
8. | RELATED PARTY DISCLOSURES |
The LLP was under the control of Mr A. Burton during the current and previous period. |