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Company Registration No. 15031207 (England and Wales)
Aspire Homes Property Group Ltd Unaudited accounts for the year ended 31 July 2025
Aspire Homes Property Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Aspire Homes Property Group Ltd Company Information for the year ended 31 July 2025
Director
Eleanor Grace Fiddy
Company Number
15031207 (England and Wales)
Registered Office
3 Hill Terrace Penarth South Glamorgan CF64 1HA Wales
Accountants
Richlands Accountancy Ltd Richlands Maesteg Road Tondu Bridgend CF32 9BT
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Aspire Homes Property Group Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
4
572,245 
311,013 
Current assets
Cash at bank and in hand
7,285 
6,022 
Creditors: amounts falling due within one year
5
(932)
(780)
Net current assets
6,353 
5,242 
Total assets less current liabilities
578,598 
316,255 
Creditors: amounts falling due after more than one year
6
(506,937)
(328,389)
Provisions for liabilities
Deferred tax
7
(13,393)
- 
Net assets/(liabilities)
58,268 
(12,134)
Capital and reserves
Called up share capital
8
1 
1 
Fair value reserve
57,095 
- 
Profit and loss account
1,172 
(12,135)
Shareholders' funds
58,268 
(12,134)
For the year ending 31 July 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 her 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 23 April 2026 and were signed on its behalf by
Eleanor Grace Fiddy Director Company Registration No. 15031207
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Aspire Homes Property Group Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Aspire Homes Property Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15031207. The registered office is 3 Hill Terrace, Penarth, South Glamorgan, CF64 1HA, Wales.
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
These financial statements for the year ended 31 July 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investment property
2025 
£ 
Fair value at 1 August 2024
311,013 
Additions
190,745 
Net gain from fair value adjustments
70,487 
At 31 July 2025
572,245 
The property at 2 North Road, Swansea, SA1 6YB was independenty valued on 16th September 2025 at £161,500. The property at 28 Regent Street, Barry, CF62 8DT was independenty valued on 15th December 2023 at £220,000.
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
392 
- 
Accruals
540 
780 
932 
780 
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Aspire Homes Property Group Ltd Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
168,300 
168,300 
Other creditors
35,000 
35,000 
Loans from directors
303,637 
125,089 
506,937 
328,389 
7
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of investment property
13,393 
- 
2025 
2024 
£ 
£ 
Charged to the profit and loss account
13,393 
- 
Provision at end of year
13,393 
- 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Controlling party
The company is a wholly owned subsidiary of Aspire Homes Holdings Ltd whose registered office is 3 Hill Terrace, Penarth, CF64 1HA.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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