ASPECT ADVISORY AND CONSULTING LIMITED

ASPECT ADVISORY AND CONSULTING LIMITED
Statement of Financial Position
As at 31 August 2025

	2025		2024
	£	£	£	£
Fixed assets		838		1,117
Current assets	9,580		8,078
Creditors: amount falling due within one year	(9,716)		(8,952)
Net current assets		(136)		(874)
Total assets less current liabilities		702		243
Net assets		702		243


Capital and reserves		702		243

NOTES TO THE ACCOUNTS

General Information

ASPECT ADVISORY AND CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number SC706261, registration address 128 WOODSTOCK AVENUE, GLASGOW, G41 3QY.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Tangible fixed assets

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:

Computer Equipment

5 years Straight Line

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 September 2024	1,396	1,396
Additions	-	-
Disposals	-	-
At 31 August 2025	1,396	1,396
Depreciation
At 01 September 2024	279	279
Charge for year	279	279
On disposals	-	-
At 31 August 2025	558	558
Net book values
Closing balance as at 31 August 2025	838	838
Opening balance as at 01 September 2024	1,117	1,117

3.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

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

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 16 December 2025 and were signed on its behalf by:

--------------------------------
John Douglas
Director

Registered Number: SC706261
England and Wales
ASPECT ADVISORY AND CONSULTING LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025