REGISTERED NUMBER: 10928316 (England and Wales)

ASPIRE PAINTING CONTRACTORS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R King

REGISTERED OFFICE:

4 St James Court

Bridgnorth Road

Wollaston

Stourbridge

West Midlands

DY8 3QG

REGISTERED NUMBER:

10928316 (England and Wales)

ACCOUNTANTS:

Morley Haswell Consultants Ltd

Chartered Accountants

4 St James Court

Bridgnorth Road

Wollaston

Stourbridge

West Midlands

DY8 3QG

FIXED ASSETS

Tangible assets

4

54,888

73,183

CURRENT ASSETS

Debtors

5

327,196

291,372

Cash at bank

775,710

754,079

1,102,906

1,045,451

CREDITORS

Amounts falling due within one year

6

301,259

297,138

NET CURRENT ASSETS

801,647

748,313

TOTAL ASSETS LESS CURRENT LIABILITIES

856,535

821,496

CREDITORS

Amounts falling due after more than one year

7

67,745

79,916

NET ASSETS

788,790

741,580

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

788,789

741,579

788,790

741,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2026 and were signed by:

R King - Director

1.	STATUTORY INFORMATION

Aspire Painting Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

136,983

DEPRECIATION

At 1 September 2024

63,800

Charge for year

18,295

At 31 August 2025

82,095

NET BOOK VALUE

At 31 August 2025

54,888

At 31 August 2024

73,183

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

129,816

DEPRECIATION

At 1 September 2024

56,633

Charge for year

18,295

At 31 August 2025

74,928

NET BOOK VALUE

At 31 August 2025

54,888

At 31 August 2024

73,183

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

101,594

112,960

Amounts owed by participating interests

225,576

178,162

Other debtors

26

250

327,196

291,372

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

12,171

12,875

Trade creditors

41,479

46,994

Taxation and social security

59,224

65,951

Other creditors

188,385

171,318

301,259

297,138

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

67,745

79,916