29 December 2023 false No description of principal activity Taxfiler 2024.6 07480016 business:PrivateLimitedCompanyLtd 2023-12-29 2024-12-30 07480016 2023-12-28 07480016 2023-12-29 2024-12-30 07480016 business:AuditExemptWithAccountantsReport 2023-12-29 2024-12-30 07480016 business:FilletedAccounts 2023-12-29 2024-12-30 07480016 2024-12-30 07480016 2023-12-28 07480016 core:WithinOneYear 2024-12-30 07480016 core:WithinOneYear 2023-12-28 07480016 core:AfterOneYear 2024-12-30 07480016 core:AfterOneYear 2023-12-28 07480016 core:ShareCapital core:PreviouslyStatedAmount 2024-12-30 07480016 core:ShareCapital core:PreviouslyStatedAmount 2023-12-28 07480016 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-30 07480016 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-28 07480016 core:PreviouslyStatedAmount 2024-12-30 07480016 core:PreviouslyStatedAmount 2023-12-28 07480016 business:SmallEntities 2023-12-29 2024-12-30 07480016 business:Director1 2023-12-29 2024-12-30 07480016 countries:EnglandWales 2023-12-29 2024-12-30 07480016 business:RegisteredOffice 2023-12-29 2024-12-30 07480016 core:LandBuildings 2023-12-29 2024-12-30 07480016 core:PlantMachinery 2023-12-29 2024-12-30 07480016 core:MotorVehicles 2023-12-29 2024-12-30 07480016 core:ComputerEquipment 2023-12-29 2024-12-30 07480016 core:LandBuildings 2023-12-28 07480016 core:PlantMachinery 2023-12-28 07480016 core:MotorVehicles 2023-12-28 07480016 core:ComputerEquipment 2023-12-28 07480016 core:LandBuildings 2024-12-30 07480016 core:PlantMachinery 2024-12-30 07480016 core:MotorVehicles 2024-12-30 07480016 core:ComputerEquipment 2024-12-30 07480016 2022-12-29 2023-12-28 iso4217:GBP xbrli:pure
Company Registration No. 07480016 (England and Wales)
Aspire Trading House Limited Unaudited accounts for the period from 29 December 2023 to 30 December 2024
Aspire Trading House Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
Aspire Trading House Limited Statement of financial position as at 30 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
169,998
156,465
Investments
5
134
134
170,132
156,599
Current assets
Debtors
6
3,925,651
2,703,844
Cash at bank and in hand
486,631
1,540,333
4,412,282
4,244,177
Creditors: amounts falling due within one year
7
(2,602,126)
(2,437,282)
Net current assets
1,810,156
1,806,895
Total assets less current liabilities
1,980,288
1,963,494
Creditors: amounts falling due after more than one year
8
(458,176)
(508,580)
Provisions for liabilities
Deferred tax
(39,444)
(52,023)
Net assets
1,482,668
1,402,891
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,482,568
1,402,791
Shareholders' funds
1,482,668
1,402,891
For the period ending 30 December 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by
Daniel Buchan Director Company Registration No. 07480016
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Aspire Trading House Limited Notes to the Accounts for the period from 29 December 2023 to 30 December 2024
1
Statutory information
Aspire Trading House Limited is a private company, limited by shares, registered in England and Wales, registration number 07480016. The registered office is Wira Business Park, Ring Road, West Park, Leeds, West Yorkshire, LS16 6EB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Straight Line
Plant & machinery
33% Straight Line
Motor vehicles
33% Straight Line
Computer equipment
33% Straight Line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 4 -
Aspire Trading House Limited Notes to the Accounts for the period from 29 December 2023 to 30 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 29 December 2023
147,239
3,500
14,706
110,450
275,895
Additions
-
81,285
-
20,041
101,326
At 30 December 2024
147,239
84,785
14,706
130,491
377,221
Depreciation
At 29 December 2023
41,263
3,500
5,856
68,811
119,430
Charge for the period
29,448
12,921
4,853
40,571
87,793
At 30 December 2024
70,711
16,421
10,709
109,382
207,223
Net book value
At 30 December 2024
76,528
68,364
3,997
21,109
169,998
At 28 December 2023
105,976
-
8,850
41,639
156,465
5
Investments
Subsidiary undertakings
£
Valuation at 29 December 2023
134
Valuation at 30 December 2024
134
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
369,384
102,716
Accrued income and prepayments
27,162
26,326
Other debtors
3,529,105
2,574,802
3,925,651
2,703,844
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
5,556
5,556
Trade creditors
38,648
40,210
Taxes and social security
164,798
578,593
Other creditors
2,393,124
1,812,923
2,602,126
2,437,282
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
24,536
30,093
Other creditors
433,640
478,487
458,176
508,580
- 5 -
Aspire Trading House Limited Notes to the Accounts for the period from 29 December 2023 to 30 December 2024
9
Average number of employees
During the period the average number of employees was 23 (2023: 23).
- 6 -