Aspire Psychology Associates Ltd

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

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Accountant's Report

For The Year Ended 31 August 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Aspire Psychology Associates Ltd For The Year Ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Aspire Psychology Associates Ltd For The Year Ended 31 August 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Aspire Psychology Associates Ltd , as a body, in accordance with the terms of our engagement letter dated 20 August 2025. Our work has been undertaken solely to prepare for your approval the accounts of Aspire Psychology Associates Ltd and state those matters that we have agreed to state to the directors of Aspire Psychology Associates Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aspire Psychology Associates Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that Aspire Psychology Associates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Aspire Psychology Associates Ltd . You consider that Aspire Psychology Associates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Aspire Psychology Associates Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

ERC Accountants & Business Advisors

2 January 2026

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings

11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Aspire Psychology Associates Ltd

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 09183151

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		748		997

			748		997
CURRENT ASSETS
Debtors	5	41,275		46,043
Cash at bank and in hand		99,462		157,648

		140,737		203,691
Creditors: Amounts Falling Due Within One Year	6	(46,053 )		(75,615 )

NET CURRENT ASSETS (LIABILITIES)			94,684		128,076

TOTAL ASSETS LESS CURRENT LIABILITIES			95,432		129,073

PROVISIONS FOR LIABILITIES
Deferred Taxation			(312 )		(249 )

NET ASSETS			95,120		128,824

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			95,118		128,822

SHAREHOLDERS' FUNDS			95,120		128,824

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Aspire Psychology Associates Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S J Foster

Director

2 January 2026

The notes on pages 5 to 7 form part of these financial statements.

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Aspire Psychology Associates Ltd

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Aspire Psychology Associates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09183151 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer equipment

25% Reducing balance

2.4. Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2.5. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Aspire Psychology Associates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Computer equipment
	£
Cost
As at 1 September 2024	2,516

As at 31 August 2025	2,516

Depreciation
As at 1 September 2024	1,519
Provided during the period	249

As at 31 August 2025	1,768

Net Book Value
As at 31 August 2025	748

As at 1 September 2024	997

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,275	5,493
Prepayments and accrued income	-	550
Other debtors	40,000	40,000

	41,275	46,043

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	139	3,979
Other taxes and social security	1,792	915
Accruals and deferred income	1,545	1,486
Directors' loan accounts	42,577	69,235

	46,053	75,615

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Aspire Psychology Associates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	7,601	7,601
Later than one year and not later than five years	20,269	20,269

	27,870	27,870

10. Directors Advances, Credits and Guarantees

No director received advances, credits or guarantees during the current or previous accounting periods.

11. Related Party Transactions

The following related party transactions were undertaken during the year:

Dividends were paid to directors and shareholders in respect of their shareholdings totalling £1,000 (2024: £5,000).

During the period a director introduced capital of £18,756 (2024: £16,123) and issued dividends of £Nil (2024: £5,000) with drawings made of £45,533 (2024: £23,627). At the balance sheet date the amounts owed to the director totalled £42,577 (2023: £69,235)

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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Directors	Mr S J Foster
	Dr C L Foster

Company Number	09183151

Registered Office	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN

Accountants	ERC Accountants & Business Advisers Limited
	Chartered Accountants
	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN