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Company Registration No. 11090597 (England and Wales)
ASP ACC SH LTD Unaudited accounts for the year ended 30 September 2025
ASP ACC SH LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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ASP ACC SH LTD Company Information for the year ended 30 September 2025
Director
David Johns
Company Number
11090597 (England and Wales)
Registered Office
First Floor 85 Great Portland Street London W1W 7LT England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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ASP ACC SH LTD Accountants' report
Accountants' report to the director of ASP ACC SH LTD on the preparation of the unaudited statutory accounts for the year ended 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ASP ACC SH LTD for the year ended 30 September 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ASP ACC SH LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ASP ACC SH LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASP ACC SH LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ASP ACC SH 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 of ASP ACC SH LTD. You consider that ASP ACC SH LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ASP ACC SH 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 statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 2 April 2026
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ASP ACC SH LTD Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
5
240,000
215,000
Current assets
Cash at bank and in hand
2,341
7,781
Creditors: amounts falling due within one year
6
(71,683)
(84,901)
Net current liabilities
(69,342)
(77,120)
Total assets less current liabilities
170,658
137,880
Creditors: amounts falling due after more than one year
7
(135,806)
(135,806)
Provisions for liabilities
Deferred tax
8
(8,471)
(2,221)
Net assets/(liabilities)
26,381
(147)
Capital and reserves
Called up share capital
100
100
Revaluation reserve
25,413
6,663
Profit and loss account
868
(6,910)
Shareholders' funds
26,381
(147)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 7 April 2026 and were signed on its behalf by
David Johns Director Company Registration No. 11090597
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ASP ACC SH LTD Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
ASP ACC SH LTD is a private company, limited by shares, registered in England and Wales, registration number 11090597. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, 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 year, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
33% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
ASP ACC SH LTD Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 October 2024
723
At 30 September 2025
723
Depreciation
At 1 October 2024
723
At 30 September 2025
723
Net book value
At 30 September 2025
-
5
Investment property
2025
£
Fair value at 1 October 2024
215,000
Net gain from fair value adjustments
25,000
At 30 September 2025
240,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
71,132
84,422
Accruals
551
479
71,683
84,901
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
135,806
135,806
Aggregate of amounts that fall due for payment after five years
-
135,806
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
8
Deferred taxation
2025
2024
£
£
Revaluation of investment property
8,471
2,221
2025
2024
£
£
Provision at start of year
2,221
-
Charged to the profit and loss account
6,250
2,221
Provision at end of year
8,471
2,221
- 7 -
ASP ACC SH LTD Notes to the Accounts for the year ended 30 September 2025
9
Controlling party
Aspire Accommodation Limited 85 Great Portland Street London W1W 7LT England
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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