| Registered Number:01736764 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Aspengold Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
Aspengold Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
3,496
4,370
2
3
10,845,268
7,646,480
901,718
693,680
4
11,542,444
8,552,568
210,000
210,000
5
| Trade and other receivables |
548,307
1,003,396
6
1,007,427
| Cash and cash equivalents |
652,417
1,865,813
1,765,734
| Trade and other payables: amounts falling due within one year |
(340,681)
(407,276)
7
1,425,053
1,458,537
Net current assets
| Total assets less current liabilities |
13,000,981
9,977,621
| Trade and other payables: amounts falling due after more than one year |
(2,937,607)
(2,896,667)
8
(1,498,797)
(718,921)
| Provisions for liabilities |
8,605,517
Net assets
6,321,093
100
100
5,404,504
3,064,879
3,200,913
3,256,114
8,605,517
6,321,093
Shareholders' funds
| For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2025
Aspengold Limited
Statement of Financial Position Continued
| Miss Nimah Merali Director |
| These financial statements were approved and authorised for issue by the Board on 09 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Aspengold Limited
Notes to the Financial Statements
Statutory Information
| Aspengold Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 01736764. |
209-211 Whitham Road
Sheffield
S10 2SP
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives are |
| sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors |
| undertake an annual impairment review of these properties. |
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
Aspengold Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
399,215
344,776
54,439
54,439
344,776
399,215
| Provision for depreciation and impairment |
394,845
341,646
53,199
Charge for year
874
626
248
395,719
342,272
53,447
992
2,504
3,496
1,240
3,130
4,370
7,767,940
79,288
3,119,500
10,966,728
121,460
121,460
10,845,268
7,646,480
The historical cost of these assets is £4,206,259 (2024: £4,135,009).
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For the year ended 31 March 2025
Aspengold Limited
Notes to the Financial Statements Continued
| 4. Investments held as fixed assets |
Other investments
| Loans to group and |
| participating |
| interests |
901,718
3,100
898,618
(208,038)
-
(208,038)
690,580
3,100
693,680
690,580
3,100
693,680
901,718
898,618
3,100
2024
2025
210,000
210,000
| 6. Trade and other receivables |
2024
2025
32,149
82,712
971,247
465,595
548,307
1,003,396
| 7. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
4,676
311
402,600
340,370
407,276
340,681
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For the year ended 31 March 2025
Aspengold Limited
Notes to the Financial Statements Continued
| 8. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
2,896,667
2,937,607
| 9. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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