IRIS Accounts Production v25.1.0.734 05489459 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054894592023-07-31054894592024-07-31054894592023-08-012024-07-31054894592022-07-31054894592022-08-012023-07-31054894592023-07-3105489459ns15:EnglandWales2023-08-012024-07-3105489459ns14:PoundSterling2023-08-012024-07-3105489459ns10:Director12023-08-012024-07-3105489459ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3105489459ns10:SmallEntities2023-08-012024-07-3105489459ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3105489459ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3105489459ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3105489459ns10:AbridgedAccounts2023-08-012024-07-3105489459ns10:Director22023-08-012024-07-3105489459ns10:CompanySecretary12023-08-012024-07-3105489459ns10:RegisteredOffice2023-08-012024-07-3105489459ns5:CurrentFinancialInstruments2024-07-3105489459ns5:CurrentFinancialInstruments2023-07-3105489459ns5:Non-currentFinancialInstruments2024-07-3105489459ns5:Non-currentFinancialInstruments2023-07-3105489459ns5:ShareCapital2024-07-3105489459ns5:ShareCapital2023-07-3105489459ns5:RetainedEarningsAccumulatedLosses2024-07-3105489459ns5:RetainedEarningsAccumulatedLosses2023-07-3105489459ns5:PlantMachinery2023-08-012024-07-3105489459ns5:FurnitureFittings2023-08-012024-07-3105489459ns5:MotorVehicles2023-08-012024-07-3105489459ns5:ComputerEquipment2023-08-012024-07-31
REGISTERED NUMBER: 05489459 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

ASPECTS SERVICES (UK) LIMITED

ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ASPECTS SERVICES (UK) LIMITED

COMPANY INFORMATION
for the year ended 31 July 2024







DIRECTORS: M Davis
A Milne



SECRETARY: M Davis



REGISTERED OFFICE: Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT



REGISTERED NUMBER: 05489459 (England and Wales)



BANKERS: Lloyds Bank plc
14 Church Street
Rugby
Warwickshire
CV21 3PL

ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)

ABRIDGED BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 98,399 130,928

CURRENT ASSETS
Stocks 12,950 -
Debtors 468,048 339,267
Cash at bank 95,111 355,050
576,109 694,317
CREDITORS
Amounts falling due within one year 165,978 249,669
NET CURRENT ASSETS 410,131 444,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

508,530

575,576

CREDITORS
Amounts falling due after more than one
year

(29,275

)

(32,368

)

PROVISIONS FOR LIABILITIES (14,735 ) (22,117 )
NET ASSETS 464,520 521,091

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 464,420 520,991
SHAREHOLDERS' FUNDS 464,520 521,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)

ABRIDGED BALANCE SHEET - continued
31 July 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





M Davis - Director


ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024

1. STATUTORY INFORMATION

Aspects Services (UK) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered address can be found on the Company Information page. The company's place of business is Holly Farm Business Park, Honiley, Kenilworth, Warwickshire, CV8 1NP.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures & fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 198,301
Additions 233
Disposals (7,174 )
At 31 July 2024 191,360
DEPRECIATION
At 1 August 2023 67,373
Charge for year 32,306
Eliminated on disposal (6,718 )
At 31 July 2024 92,961
NET BOOK VALUE
At 31 July 2024 98,399
At 31 July 2023 130,928

ASPECTS SERVICES (UK) LIMITED (REGISTERED NUMBER: 05489459)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 August 2023
and 31 July 2024 45,172
DEPRECIATION
At 1 August 2023 7,529
Charge for year 9,410
At 31 July 2024 16,939
NET BOOK VALUE
At 31 July 2024 28,233
At 31 July 2023 37,643

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 32,368 35,461

6. PENSION

The outstanding liability for pensions at the year end was £5,751 (2023 - £5,491)