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REGISTERED NUMBER: 11161238 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Aspire Developments (RCT) Ltd

Aspire Developments (RCT) Ltd (Registered number: 11161238)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aspire Developments (RCT) Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: L L Williams
Mrs SL Williams





REGISTERED OFFICE: 3 Bryn Eithin
Cwmdare
Aberdare
RCT
CF44 8SL





REGISTERED NUMBER: 11161238 (England and Wales)





ACCOUNTANTS: C Hergest Ltd
AAT Licensed Accountant
28 High Street
Aberdare
RCT
CF44 7AA

Aspire Developments (RCT) Ltd (Registered number: 11161238)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Investment property 4 228,350 178,871

CURRENT ASSETS
Stocks 5 - 91,329
Cash at bank 1,030 1,030
1,030 92,359
CREDITORS
Amounts falling due within one year 6 62,404 105,365
NET CURRENT LIABILITIES (61,374 ) (13,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,976

165,865

CREDITORS
Amounts falling due after more than one
year

7

165,656

165,057
NET ASSETS 1,320 808

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,220 708
SHAREHOLDERS' FUNDS 1,320 808

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Aspire Developments (RCT) Ltd (Registered number: 11161238)

Balance Sheet - continued
31 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 by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:





L L Williams - Director


Aspire Developments (RCT) Ltd (Registered number: 11161238)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Aspire Developments (RCT) Ltd 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.

Stocks
Stock is valued at the cost price of the property plus improvements made in the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 178,871
Additions 49,479
At 31 January 2025 228,350
NET BOOK VALUE
At 31 January 2025 228,350
At 31 January 2024 178,871

5. STOCKS
31.1.25 31.1.24
£    £   
Stocks - 91,329

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Directors' current accounts 61,158 104,573
Accrued expenses 1,246 792
62,404 105,365

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans more 5 yr by instal 12,763 12,377
Mortgage 152,893 152,680
165,656 165,057

Aspire Developments (RCT) Ltd (Registered number: 11161238)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.25 31.1.24
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,763 12,377
Mortgage 152,893 152,680
165,656 165,057

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 February 2024 708
Profit for the year 512
At 31 January 2025 1,220