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REGISTERED NUMBER: 07453535 (England and Wales)




















Financial Statements

for the Year Ended 31 August 2024

for

Aspire Parks Limited

Aspire Parks Limited (Registered number: 07453535)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aspire Parks Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr S Geranio
Mr J Dunn
Mr P Howard



REGISTERED OFFICE: 1 Saxon House
Headway Business Park
Corby
Northamptonshire
NN18 9EZ



REGISTERED NUMBER: 07453535 (England and Wales)



SENIOR STATUTORY AUDITOR: Julian Payne BC FCA



AUDITORS: Clifford Roberts - Statutory Auditor
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

Aspire Parks Limited (Registered number: 07453535)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 272,203 325,039
Cash at bank - 11,972
272,203 337,011
CREDITORS
Amounts falling due within one year 5 2,495 77,139
NET CURRENT ASSETS 269,708 259,872
TOTAL ASSETS LESS CURRENT
LIABILITIES

269,708

259,872

CAPITAL AND RESERVES
Called up share capital 6 5 5
Retained earnings 269,703 259,867
SHAREHOLDERS' FUNDS 269,708 259,872

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





Mr P Howard - Director


Aspire Parks Limited (Registered number: 07453535)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Aspire Parks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Revenue
Turnover represents net invoices sale of goods and 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 272,203 314,739
Other debtors - 10,300
272,203 325,039

Aspire Parks Limited (Registered number: 07453535)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 39,456
Taxation and social security - 12,980
Other creditors 2,495 24,703
2,495 77,139

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5 Ordinary £1 5 5

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Julian Payne BC FCA (Senior Statutory Auditor)
for and on behalf of Clifford Roberts - Statutory Auditor

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The controlling party is SRG Park Holdings Limited.

The ultimate controlling party is Mr S Geranio.

Registered Office of SRG Park Holdings Limited
63 Broad Green
Wellingborough
Northamptonshire
NN8 4LQ

A copy of the consolidated accounts can be found on Companies House.

10. GOING CONCERN

The accounts have been prepared on a basis other than going concern for the years ended 31 August 2024 and 31 August 2023. The company's assets and stock were sold during the year ended 31 August 2023 and the Director's intend to cease trading.