ASP INSTALLATIONS LTD


Director	POTTER, Steven


Registered Address	Suite 2.05 Swans Centre For Innovation
	Station Road
	Wallsend
	NE28 6EQ


Registered Number	13873644 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		18,371		5,647
			18,371		5,647
Current assets
Debtors		544		668
Cash at bank and on hand		-		6,739
		544		7,407
Creditors amounts falling due within one year	4	(4,681)		(2,769)
Net current assets (liabilities)			(4,137)		4,638
Total assets less current liabilities			14,234		10,285
Creditors amounts falling due after one year	5		(9,569)		-
Net assets			4,665		10,285
Capital and reserves
Called up share capital			1		1
Profit and loss account			4,664		10,284
Shareholders' funds			4,665		10,285

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 October 2025, and are signed on its behalf by:

POTTER, Steven
Director
Registered Company No. 13873644

ASP INSTALLATIONS LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Vehicles	20
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		1

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 24	8,995	499	9,494
Additions	15,999	-	15,999
At 31 January 25	24,994	499	25,493
Depreciation and impairment
At 01 February 24	3,598	249	3,847
Charge for year	3,213	62	3,275
At 31 January 25	6,811	311	7,122
Net book value
At 31 January 25	18,183	188	18,371
At 31 January 24	5,397	250	5,647

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	432	102
Bank borrowings and overdrafts	246	-
Taxation and social security	-	1,467
Finance lease and HP contracts	2,798	-
Other creditors	6	-
Accrued liabilities and deferred income	1,199	1,200
Total	4,681	2,769


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	9,569	-
Total	9,569	-

6.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	12,367		-