Company registration number 10433249 (England and Wales)
ASPIRE COMPULSORY PURCHASE LIMITED
Unaudited financial statements
For the year ended 31 March 2025
Pages for filing with registrar
ASPIRE COMPULSORY PURCHASE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
ASPIRE COMPULSORY PURCHASE LIMITED
STATEMENT OF FINANCIAL POSITION
As at 31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
3
1,232
-
0
Current assets
Trade and other receivables
4
31,113
29,477
Cash and cash equivalents
54,248
152,331
85,361
181,808
Current liabilities
5
(30,365)
(115,275)
Net current assets
54,996
66,533
Net assets
56,228
66,533
Equity
Called up share capital
6
400
400
Share premium account
49,977
49,977
Retained earnings
5,851
16,156
Total equity
56,228
66,533

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 13 October 2025
A C Maher
Director
Company Registration No. 10433249
ASPIRE COMPULSORY PURCHASE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
- 2 -
1
Accounting policies
Company information

Aspire Compulsory Purchase Limited is a private company limited by shares incorporated in England and Wales. The registered office is 16 Bellevue Road, Kingston Upon Thames, Surrey, KT1 2UD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Research and development expenditure

Research and development expenditure is written off against profits in the year in which it is incurred.

1.4
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost less depreciation and less impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Computer Equipment
33.33% straight line
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ASPIRE COMPULSORY PURCHASE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.7
Taxation

The tax expense represents the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
ASPIRE COMPULSORY PURCHASE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ended 31 March 2025
- 4 -
3
Property, plant and equipment
Plant and machinery etc
£
Cost
At 1 April 2024
1,229
Additions
1,848
At 31 March 2025
3,077
Depreciation and impairment
At 1 April 2024
1,229
Depreciation charged in the year
616
At 31 March 2025
1,845
Carrying amount
At 31 March 2025
1,232
At 31 March 2024
-
0
4
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Trade receivables
14,575
23,573
Other receivables
16,538
5,904
31,113
29,477
5
Current liabilities
2025
2024
£
£
Trade payables
3,693
5,787
Corporation tax
16,519
16,773
Other taxation and social security
6,286
12,206
Other payables
3,867
80,509
30,365
115,275
ASPIRE COMPULSORY PURCHASE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For the year ended 31 March 2025
- 5 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
"A" ordinary shares of £1 each
100
100
100
100
"B" ordinary shares of £1 each
100
100
100
100
"C" ordinary shares of £1 each
100
100
100
100
"D" ordinary shares of £1 each
100
100
100
100
400
400
400
400
7
Directors' transactions

At the start of the year the company owed the director £76,352, which was repaid during the year.

During the year the company advanced the director £7,379 which was owed at the year end. The amount owed by the director is interest free, repayable on demand and unsecured.

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