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Company Registration No. 12493792 (England and Wales)
Business Aspirations & Solutions Limited Unaudited accounts for the year ended 31 July 2024
Business Aspirations & Solutions Limited Unaudited accounts Contents
Page
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Business Aspirations & Solutions Limited Company Information for the year ended 31 July 2024
Directors
Mr P J Nicholls Mrs M E Nicholls
Company Number
12493792 (England and Wales)
Registered Office
1st Floor Waterfront One Waterfront Business Park Brierley Hill DY5 1LX United Kingdom
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Business Aspirations & Solutions Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,692 
994 
Current assets
Debtors
25,180 
47,221 
Cash at bank and in hand
14,521 
5,354 
39,701 
52,575 
Creditors: amounts falling due within one year
(26,056)
(38,439)
Net current assets
13,645 
14,136 
Net assets
15,337 
15,130 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,237 
15,030 
Shareholders' funds
15,337 
15,130 
For the year ending 31 July 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 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 27 August 2024 and were signed on its behalf by
Mr P J Nicholls Director Company Registration No. 12493792
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Business Aspirations & Solutions Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Business Aspirations & Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 12493792. The registered office is 1st Floor Waterfront One, Waterfront Business Park, Brierley Hill, DY5 1LX, United Kingdom.
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.
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
20% straight line
Computer equipment
33.33% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
250 
1,519 
1,769 
Additions
1,238 
- 
1,238 
At 31 July 2024
1,488 
1,519 
3,007 
Depreciation
At 1 August 2023
138 
637 
775 
Charge for the year
235 
305 
540 
At 31 July 2024
373 
942 
1,315 
Net book value
At 31 July 2024
1,115 
577 
1,692 
At 31 July 2023
112 
882 
994 
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Business Aspirations & Solutions Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
203 
Trade debtors
10,350 
- 
Other debtors
14,830 
47,018 
25,180 
47,221 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,265 
- 
Taxes and social security
14,989 
5,239 
Loans from directors
3,277 
32,595 
Accruals
525 
605 
26,056 
38,439 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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