Registered Number:06296572 |
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 June 2024
Aspen Lake (81) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Aspen Lake (81) Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
260,071
261,227
2
260,071
261,227
2,000
2,000
3
Trade and other receivables |
721
-
4
233,584
Cash and cash equivalents |
245,861
247,861
236,305
Trade and other payables: amounts falling due within one year |
(380,653)
(381,271)
5
(144,348)
(133,410)
Net current liabilities
Total assets less current liabilities |
126,661
116,879
(2,138)
(2,358)
Provisions for liabilities |
124,523
Net assets
114,521
100
100
124,423
114,421
124,523
114,521
Shareholders' funds
For the year ended 30 June 2024 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each |
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 |
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as |
applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 28 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2024
Aspen Lake (81) Limited
Notes to the Financial Statements
Statutory Information
Aspen Lake (81) Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06296572. |
Principal place of business: |
11 Rixon Gate
Ashton Keynes
Swindon
Wiltshire
SN6 6QW
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act |
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation |
of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful |
lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be |
immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
Inventories are value at the lower of cost and estimated selling price less costs to sell.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 30 June 2024
Aspen Lake (81) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
315,825
67,007
248,818
2,595
2,595
-
248,818
69,602
318,420
Provision for depreciation and impairment |
54,598
54,598
-
Charge for year
3,751
3,751
-
58,349
58,349
-
248,818
11,253
260,071
248,818
12,409
261,227
2023
2024
2,000
2,000
4. Trade and other receivables |
2023
2024
-
721
5. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
3,035
-
378,236
380,653
381,271
380,653
6. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
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