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
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
Business Aspirations & Solutions Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
14,521
5,354
Creditors: amounts falling due within one year
(26,056)
(38,439)
Net current assets
13,645
14,136
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
Business Aspirations & Solutions Limited
Notes to the Accounts
for the year ended 31 July 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 July 2024
1,488
1,519
3,007
At 1 August 2023
138
637
775
Charge for the year
235
305
540
At 31 July 2024
373
942
1,315
At 31 July 2024
1,115
577
1,692
At 31 July 2023
112
882
994
Business Aspirations & Solutions Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Other debtors
14,830
47,018
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
14,989
5,239
Loans from directors
3,277
32,595
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).