Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08169867 2023-04-01 2024-03-31 08169867 2022-04-01 2023-03-31 08169867 2024-03-31 08169867 2023-03-31 08169867 c:Director2 2023-04-01 2024-03-31 08169867 d:CurrentFinancialInstruments 2024-03-31 08169867 d:CurrentFinancialInstruments 2023-03-31 08169867 d:Non-currentFinancialInstruments 2024-03-31 08169867 d:Non-currentFinancialInstruments 2023-03-31 08169867 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08169867 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08169867 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 08169867 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08169867 d:ShareCapital 2024-03-31 08169867 d:ShareCapital 2023-03-31 08169867 d:RetainedEarningsAccumulatedLosses 2024-03-31 08169867 d:RetainedEarningsAccumulatedLosses 2023-03-31 08169867 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08169867 c:OrdinaryShareClass1 2024-03-31 08169867 c:OrdinaryShareClass1 2023-03-31 08169867 c:FRS102 2023-04-01 2024-03-31 08169867 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08169867 c:FullAccounts 2023-04-01 2024-03-31 08169867 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08169867 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08169867













ASPIRE BATTERSEA PARK LIMITED
UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024


 
ASPIRE BATTERSEA PARK LIMITED
REGISTERED NUMBER:08169867


BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
462,948
402,995

Cash at bank and in hand
  
36,103
33,671

  
499,051
436,666

Creditors: amounts falling due within one year
 5 
(357,710)
(270,922)

Net current assets
  
 
 
141,341
 
 
165,744

Total assets less current liabilities
  
141,341
165,744

Creditors: amounts falling due after more than one year
 6 
-
(25,000)

  

Net assets
  
141,341
140,744


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
141,241
140,644

  
141,341
140,744


Page 1


 
ASPIRE BATTERSEA PARK LIMITED
REGISTERED NUMBER:08169867

    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 October 2024.




................................................
T Ward
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2


 
ASPIRE BATTERSEA PARK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Aspire Battersea Park Limited is incorporated and domiciled in England and Wales.  The registered office is Harwood House, 43 Harwood Road, London, SW6 4QP. The principal place of business is 242 Battersea Bridge Road, London, SW11 3AA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3


 
ASPIRE BATTERSEA PARK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees





The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Debtors

2024
2023
£
£


Trade debtors
28,328
7,747

Amounts owed by group undertakings
426,801
387,406

Prepayments and accrued income
7,819
7,842

462,948
402,995


Page 4


 
ASPIRE BATTERSEA PARK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
10,000

Trade creditors
6,550
14,596

Amounts owed to group undertakings
333,794
213,996

Corporation tax
1,635
21,136

Other taxation and social security
10,381
6,338

Other creditors
1,381
1,231

Accruals and deferred income
3,969
3,625

357,710
270,922



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
25,000

-
25,000



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,889 (2023 - £2,635). Contributions totalling £896 (2023 - £571) were payable to the fund at the balance sheet date and are included in other creditors. 


9.


Controlling party

At 31 March 2024 Aspire Estate Agents Limited indirectly controlled 100% of the ordinary share capital of Aspire Battersea Park Limited. The registered office of Aspire Estate Agents Limited is Harwood House, 43 Harwood Road, London, SW6 4QP and it's company number is 12955225. 

 
Page 5