ASPIRE STUDENT LIVING (2) LIMITED

ASPIRE STUDENT LIVING (2) LIMITED
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,915,000	2,915,000
		2,915,000	2,915,000
Current assets
Debtors: amounts falling due within one year	4	100,428	478,712
Cash at bank and in hand		2,149	217,915
		102,577	696,627
Creditors: amount falling due within one year	5	(145,791)	(106,106)
Net current assets		(43,214)	590,521

Total assets less current liabilities		2,871,786	3,505,521
Creditors: amount falling due after more than one year	6	(1,339,259)	(1,463,998)
Provisions for liabilities	7	(341,508)	(364,573)
Net assets		1,191,019	1,676,950

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	8	645,941	1,093,718
Profit and loss account		544,978	583,132
Shareholders' funds		1,191,019	1,676,950

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 28 May 2026 and were signed on its behalf by:

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Mr R Pillar
Director

ASPIRE STUDENT LIVING (2) LIMITED
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

ASPIRE STUDENT LIVING (2) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08325627, registration address C3 Apollo Court, Neptune Park, Plymouth, PL4 0SJ.

The presentation currency is £ sterling.

Accounting policies

Basis of preparation

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.

2.	Average number of employees Average number of employees during the year was 4 (2024 : 4).

Tangible fixed assets

Cost or valuation	Land and buildings	Total
	£	£
At 01 September 2024	2,915,000	2,915,000
Additions	-	-
Disposals	-	-
At 31 August 2025	2,915,000	2,915,000
Depreciation
At 01 September 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 August 2025	-	-
Net book values
Closing balance as at 31 August 2025	2,915,000	2,915,000
Opening balance as at 01 September 2024	2,915,000	2,915,000

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	100,428		478,712
	100,428		478,712

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	0	25,800
Bank Loans & Overdrafts	135,791	54,968
Taxation and Social Security	0	23,538
Other Creditors	10,000	1,800
	145,791	106,106

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	1,339,259		1,463,998
	1,339,259		1,463,998

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	341,508		364,573
	341,508		364,573

Revaluation Reserves

	2025 £	2024 £
Revaluation Reserve b/fwd	1,093,718	858,497
Revaluation of Fixed Assets	(470,842)	398,418
Deferred Tax Provided on Revaluation	23,065	(163,197)
	645,941	1,093,718

Related party transactions

The company was under the control of Mr R Pillar throughout the current and previous year by virtue of their shareholding.

At the year end there was an amount owed to the company from Pillar Land Securities Limited of nil (2024: £189,291), Mr R Pillar is a director and shareholder in this company. At the year end there was an amount owed from the company to Pillar Land Securities Limited of £10,000 (2024:nil)

During the year the company leased property to Aspire Student Living 2 Management Ltd, the total amount charged during the year was £173,620 (2024: £119,121), Mr R Pillar is the director in this company. At the year end there was an amount owed to the company by Aspire Student Living 2 Management Ltd of £20,955 (2024: £26,130).

Registered Number: 08325627
England and Wales
ASPIRE STUDENT LIVING (2) LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025