REGISTERED NUMBER: 11125872 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Aspire Cleaning Contractors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Gilliam

REGISTERED OFFICE:

1 Sterling House Broxhead Trading Estate

Broxhead Farm Road

Bordon

England

GU35 0JX

REGISTERED NUMBER:

11125872 (England and Wales)

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Tangible assets

4

58,073

71,736

CURRENT ASSETS

Stocks

5

208,000

150,000

Debtors

6

314,338

324,592

Cash at bank

11,611

20,313

533,949

494,905

CREDITORS

Amounts falling due within one year

7

509,114

473,181

NET CURRENT ASSETS

24,835

21,724

TOTAL ASSETS LESS CURRENT LIABILITIES

82,908

93,460

CREDITORS

Amounts falling due after more than one year

8

(2,715

)

(12,718

)

PROVISIONS FOR LIABILITIES

(1,018

)

(975

)

NET ASSETS

79,175

79,767

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

79,075

79,667

79,175

79,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 December 2025 and were signed by:

M Gilliam - Director

1.	STATUTORY INFORMATION

Aspire Cleaning Contractors 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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 year was 116 (2023 - 123 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

73,131

2,387

70,657

4,997

151,172

Additions

2,186

1,415

-

847

4,448

At 31 December 2024

75,317

3,802

70,657

5,844

155,620

DEPRECIATION

At 1 January 2024

30,664

831

45,115

2,826

79,436

Charge for year

10,700

447

6,386

578

18,111

At 31 December 2024

41,364

1,278

51,501

3,404

97,547

NET BOOK VALUE

At 31 December 2024

33,953

2,524

19,156

2,440

58,073

At 31 December 2023

42,467

1,556

25,542

2,171

71,736

5.

STOCKS

31.12.24

31.12.23

£

£

Stocks

208,000

150,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

314,338

283,768

Prepayments and accrued income

-

40,824

314,338

324,592

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 9)

10,000

10,000

Other loans (see note 9)

141,263

90,778

Trade creditors

59,964

78,994

Tax

13,095

10,029

Social security and other taxes

60,896

48,905

VAT

144,518

138,179

Other creditors

79,680

80,249

Other creditors (Pension)

536

398

IntraCompany - AH

(17,550

)

-

Directors' current accounts

13,513

12,849

Accruals and deferred income

3,199

2,800

509,114

473,181

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 9)

2,715

12,718

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

10,000

10,000

Debt Factoring

141,263

90,778

151,263

100,778

Amounts falling due between one and two years:

Bank loans - 1-2 years

2,715

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

2,718

10.	ULTIMATE CONTROLLING PARTY

The Company is under the ultimate control of M Gilliam (director), by virtue of his 100% shareholding within the company.