IRIS Accounts Production v25.1.4.42 11772549 director 1.2.24 31.1.25 31.1.25 false true false false false true false Ordinary 1.00000 Preference 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117725492024-01-31117725492025-01-31117725492024-02-012025-01-31117725492023-01-31117725492023-02-012024-01-31117725492024-01-3111772549ns15:EnglandWales2024-02-012025-01-3111772549ns14:PoundSterling2024-02-012025-01-3111772549ns10:Director12024-02-012025-01-3111772549ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3111772549ns10:SmallEntities2024-02-012025-01-3111772549ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3111772549ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3111772549ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3111772549ns10:FullAccounts2024-02-012025-01-311177254912024-02-012025-01-3111772549ns10:OrdinaryShareClass12024-02-012025-01-3111772549ns10:OrdinaryShareClass22024-02-012025-01-3111772549ns10:RegisteredOffice2024-02-012025-01-3111772549ns5:CurrentFinancialInstruments2025-01-3111772549ns5:CurrentFinancialInstruments2024-01-3111772549ns5:Non-currentFinancialInstruments2025-01-3111772549ns5:Non-currentFinancialInstruments2024-01-3111772549ns5:ShareCapital2025-01-3111772549ns5:ShareCapital2024-01-3111772549ns5:RetainedEarningsAccumulatedLosses2025-01-3111772549ns5:RetainedEarningsAccumulatedLosses2024-01-3111772549ns5:NetGoodwill2024-02-012025-01-3111772549ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3111772549ns5:MotorVehicles2024-02-012025-01-3111772549ns5:NetGoodwill2024-01-3111772549ns5:NetGoodwill2025-01-3111772549ns5:NetGoodwill2024-01-3111772549ns5:MotorVehicles2024-01-3111772549ns5:ComputerEquipment2024-01-3111772549ns5:ComputerEquipment2024-02-012025-01-3111772549ns5:MotorVehicles2025-01-3111772549ns5:ComputerEquipment2025-01-3111772549ns5:MotorVehicles2024-01-3111772549ns5:ComputerEquipment2024-01-3111772549ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3111772549ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3111772549ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-01-3111772549ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-01-3111772549ns10:OrdinaryShareClass12025-01-3111772549ns10:OrdinaryShareClass22025-01-31
REGISTERED NUMBER: 11772549 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

ASPEN WAITE SOUTH LIMITED

ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASPEN WAITE SOUTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2025







DIRECTOR: Mr P D Waite





REGISTERED OFFICE: Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF





REGISTERED NUMBER: 11772549 (England and Wales)





ACCOUNTANTS: Aspen Waite Limited
Chartered Accountants
Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH

ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

BALANCE SHEET
31ST JANUARY 2025

31/1/25 31/1/24
Notes £    £   
FIXED ASSETS
Intangible assets 4 106,715 132,215
Tangible assets 5 17,852 21,135
124,567 153,350

CURRENT ASSETS
Work in progress 34,333 19,333
Debtors 6 25,487 52,868
Cash at bank - 12,204
59,820 84,405
CREDITORS
Amounts falling due within one year 7 (87,053 ) (108,198 )
NET CURRENT LIABILITIES (27,233 ) (23,793 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,334

129,557

CREDITORS
Amounts falling due after more than one
year

8

(45,994

)

(16,460

)
NET ASSETS 51,340 113,097

CAPITAL AND RESERVES
Called up share capital 9 40,100 40,100
Retained earnings 11,240 72,997
SHAREHOLDERS' FUNDS 51,340 113,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

BALANCE SHEET - continued
31ST JANUARY 2025


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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 8th August 2025 and were signed by:





Mr P D Waite - Director


ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025

1. STATUTORY INFORMATION

Aspen Waite South 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Computer equipment - 25% straight line basis
Plant and machinery - 25% straight line basis
Fixtures and fittings - 25% straight line basis

WORK IN PROGRESS
Work in progress is valued at the lower of cost and net realisable value.

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.


ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

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 5 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st February 2024
and 31st January 2025 250,699
AMORTISATION
At 1st February 2024 118,484
Charge for year 25,500
At 31st January 2025 143,984
NET BOOK VALUE
At 31st January 2025 106,715
At 31st January 2024 132,215

ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st February 2024
and 31st January 2025 28,000 6,075 34,075
DEPRECIATION
At 1st February 2024 7,700 5,240 12,940
Charge for year 2,800 483 3,283
At 31st January 2025 10,500 5,723 16,223
NET BOOK VALUE
At 31st January 2025 17,500 352 17,852
At 31st January 2024 20,300 835 21,135

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Trade debtors 12,194 34,091
Amounts owed by group undertakings 2,051 8,014
Other debtors 25 25
Prepayments and accrued income 4,416 4,416
Prepayments 6,801 6,322
25,487 52,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Bank loans and overdrafts 37,248 54,557
Trade creditors 6,855 8,355
Social security and other taxes 10,262 11,835
VAT 14,638 18,712
Other creditors 9,883 7,239
Accrued expenses 8,167 7,500
87,053 108,198

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/25 31/1/24
£    £   
Bank loans due 2-5 years 44,701 15,167
Directors' loan accounts 1,293 1,293
45,994 16,460

ASPEN WAITE SOUTH LIMITED (REGISTERED NUMBER: 11772549)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/1/25 31/1/24
value: £    £   
100 Ordinary £1 100 100
40,000 Preference 1 40,000 40,000
40,100 40,100

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P D Waite.