Aspire Construction Projects Ltd


Director	Tom Kilgannon


Company Secretary	KILGANNON, Tom


Registered Address	5/6 Salmon Fields Business Village
	Oldham
	OL2 6HT


Registered Number	07129318 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,181,388		759,849
			1,181,388		759,849
Current assets
Stocks		567,168		297,857
Debtors	4	1,056,706		1,315,499
Cash at bank and on hand		989,454		356,236
		2,613,328		1,969,592
Prepayments and accrued income		3,517		11,458
Creditors amounts falling due within one year	5	(1,492,727)		(1,014,572)
Net current assets (liabilities)			1,124,118		966,478
Total assets less current liabilities			2,305,506		1,726,327
Creditors amounts falling due after one year	6		(339,465)		(205,058)
Net assets			1,966,041		1,521,269
Capital and reserves
Called up share capital			50		50
Profit and loss account			1,965,991		1,521,219
Shareholders' funds			1,966,041		1,521,269

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 11 May 2026, and are signed on its behalf by:

Tom Kilgannon
Director
Registered Company No. 07129318

Aspire Construction Projects Ltd

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company & pension scheme are charged to profit or loss in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

	Finance leases and hire purchase contracts
	Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Finance leases and hire purchase contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	14		13

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 25	1,134,609
	Additions	608,383
	Disposals	(93,500)
	At 31 January 26	1,649,492
	Depreciation and impairment
	At 01 February 25	374,760
	Charge for year	123,177
	On disposals	(29,833)
	At 31 January 26	468,104
	Net book value
	At 31 January 26	1,181,388
	At 31 January 25	759,849

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	1,056,706	1,213,990
Other debtors	-	101,509
Total	1,056,706	1,315,499

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	1,203,150	710,156
Bank borrowings and overdrafts	43,963	108,053
Taxation and social security	25,989	88,746
Finance lease and HP contracts	219,625	107,617
Total	1,492,727	1,014,572

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	-	54,072
Other creditors	339,465	150,986
Total	339,465	205,058

7.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	559,090		258,603