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REGISTERED NUMBER: OC331973 (England and Wales)















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: Mr P E Burton
Mrs M J Burton
Ms I L Burton
Mr A M Burton





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: OC331973 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
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:

Mr P E Burton
Mrs M J Burton
Ms I L Burton
Mr A M Burton

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:





Mr A M Burton - Designated member


1 October 2024

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






Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP


1 October 2024

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 114,460 71,587

Cost of sales 10,883 7,806
GROSS PROFIT 103,577 63,781

Administrative expenses 72,758 32,885
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





30,819





30,896

Aspire Investments (Warwickshire) LLP (Registered number: OC331973)

Statement of Financial Position
31 March 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,252,189 1,243,616

CURRENT ASSETS
Debtors 5 1,705 6,339
Cash at bank 83,373 96,097
85,078 102,436
CREDITORS
Amounts falling due within one year 6 3,533 9,048
NET CURRENT ASSETS 81,545 93,388
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 LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

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 have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 1 October 2024 and were signed by:



Mr A M Burton - Designated member

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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 20% on cost

3. EMPLOYEE INFORMATION

The average number of employees during the period was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 November 2022 1,243,470 744 - 1,244,214
Additions - 8,526 535 9,061
At 31 March 2024 1,243,470 9,270 535 1,253,275
DEPRECIATION
At 1 November 2022 - 598 - 598
Charge for period - 390 98 488
At 31 March 2024 - 988 98 1,086
NET BOOK VALUE
At 31 March 2024 1,243,470 8,282 437 1,252,189
At 31 October 2022 1,243,470 146 - 1,243,616

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 - 39
Other debtors 1,705 6,300
1,705 6,339

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 1,219 1,843
Other creditors 2,314 7,205
3,533 9,048

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.