Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08430411 Mr James Trowman Mr Paul Griffiths iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08430411 2023-12-31 08430411 2024-12-31 08430411 2024-01-01 2024-12-31 08430411 frs-core:CurrentFinancialInstruments 2024-12-31 08430411 frs-core:Non-currentFinancialInstruments 2024-12-31 08430411 frs-core:ComputerEquipment 2024-12-31 08430411 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08430411 frs-core:ComputerEquipment 2023-12-31 08430411 frs-core:FurnitureFittings 2024-12-31 08430411 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08430411 frs-core:FurnitureFittings 2023-12-31 08430411 frs-core:ShareCapital 2024-12-31 08430411 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08430411 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08430411 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08430411 frs-bus:SmallEntities 2024-01-01 2024-12-31 08430411 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08430411 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08430411 frs-bus:Director1 2024-01-01 2024-12-31 08430411 frs-bus:Director2 2024-01-01 2024-12-31 08430411 frs-countries:EnglandWales 2024-01-01 2024-12-31 08430411 2022-12-31 08430411 2023-12-31 08430411 2023-01-01 2023-12-31 08430411 frs-core:CurrentFinancialInstruments 2023-12-31 08430411 frs-core:Non-currentFinancialInstruments 2023-12-31 08430411 frs-core:ShareCapital 2023-12-31 08430411 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08430411
Aspire Training Solutions (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Profit Genie Group
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08430411
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 62,644 71,358
62,644 71,358
CURRENT ASSETS
Debtors 5 602,304 616,380
Cash at bank and in hand 53,617 43,155
655,921 659,535
Creditors: Amounts Falling Due Within One Year 6 (376,987 ) (385,664 )
NET CURRENT ASSETS (LIABILITIES) 278,934 273,871
TOTAL ASSETS LESS CURRENT LIABILITIES 341,578 345,229
Creditors: Amounts Falling Due After More Than One Year 7 (81,229 ) (96,347 )
NET ASSETS 260,349 248,882
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 260,347 248,880
SHAREHOLDERS' FUNDS 260,349 248,882
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Trowman
Director
30/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Aspire Training Solutions (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08430411 . The registered office is Unit 6, Holly Park Industrial Estate, Spitfire Road, Birmingham, B24 9PB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line Basis
Computer Equipment 25% Straight Line Basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 11)
15 11
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 548 114,390 114,938
Additions - 9,320 9,320
As at 31 December 2024 548 123,710 124,258
Depreciation
As at 1 January 2024 311 43,269 43,580
Provided during the period 59 17,975 18,034
As at 31 December 2024 370 61,244 61,614
Net Book Value
As at 31 December 2024 178 62,466 62,644
As at 1 January 2024 237 71,121 71,358
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Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,546 4,737
Prepayments and accrued income 261,083 158,612
Amounts owed by group undertakings 338,675 453,031
602,304 616,380
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41,168 77,556
Bank loans and overdrafts 36,760 36,760
Other taxes and social security 7,563 -
VAT 3,173 393
Net wages - 29
Accruals and deferred income 2,135 2,135
Amounts owed to group undertakings 286,188 268,791
376,987 385,664
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 81,229 96,347
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3