Unaudited Financial Statements

for the Period 1 February 2024 to 27 January 2025

for

ASPECT CEILINGS AND PARTITIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S R Horsley

G D Stevens

REGISTERED OFFICE:

4 Hercules House

Calleva Park

Aldermaston

RG7 8DN

REGISTERED NUMBER:

07871796 (England and Wales)

ACCOUNTANTS:

Abacus Business Consulting Limited

Thistledown

Wendlebury

Bicester

OX25 2PE

FIXED ASSETS

Tangible assets

4

115,876

103,400

CURRENT ASSETS

Debtors

5

176,083

118,065

Cash at bank and in hand

268,024

206,584

444,107

324,649

CREDITORS

Amounts falling due within one year

6

262,649

119,880

NET CURRENT ASSETS

181,458

204,769

TOTAL ASSETS LESS CURRENT LIABILITIES

297,334

308,169

PROVISIONS FOR LIABILITIES

26,000

26,000

NET ASSETS

271,334

282,169

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

270,334

281,169

SHAREHOLDERS' FUNDS

271,334

282,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 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.

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 20 November 2025 and were signed on its behalf by:

S R Horsley - Director

1.	STATUTORY INFORMATION

ASPECT CEILINGS AND PARTITIONS 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the period 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.

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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 7 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

267,543

Additions

14,376

Disposals

(18,578

)

At 27 January 2025

263,341

DEPRECIATION

At 1 February 2024

164,143

Charge for period

1,900

Eliminated on disposal

(18,578

)

At 27 January 2025

147,465

NET BOOK VALUE

At 27 January 2025

115,876

At 31 January 2024

103,400

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

111,038

61,155

Other debtors

65,045

56,910

176,083

118,065

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

151,093

57,787

Taxation and social security

28,123

21,991

Other creditors

83,433

40,102

262,649

119,880