REGISTERED NUMBER: 08923008 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

ASPECT Skills Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr F J Gooch

REGISTERED OFFICE:

Kasita

Church Road

Elmswell

Suffolk

IP30 9DY

REGISTERED NUMBER:

08923008 (England and Wales)

ACCOUNTANTS:

Black Barn Accountants Ltd

The Technology Centre

Station Road

Framlingham

Woodbridge

Suffolk

IP13 9EZ

FIXED ASSETS

Tangible assets

4

1,554

2,073

CURRENT ASSETS

Debtors

5

5,489

18,478

Cash at bank

225,129

198,272

230,618

216,750

CREDITORS

Amounts falling due within one year

6

16,912

19,060

NET CURRENT ASSETS

213,706

197,690

TOTAL ASSETS LESS CURRENT LIABILITIES

215,260

199,763

PROVISIONS FOR LIABILITIES

7

397

474

NET ASSETS

214,863

199,289

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

214,861

199,287

SHAREHOLDERS' FUNDS

214,863

199,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 12 May 2026 and were signed by:

Mr F J Gooch - Director

1.	STATUTORY INFORMATION

ASPECT Skills Ltd 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.

Equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 April 2025

and 31 March 2026

10,574

DEPRECIATION

At 1 April 2025

8,501

Charge for year

519

At 31 March 2026

9,020

NET BOOK VALUE

At 31 March 2026

1,554

At 31 March 2025

2,073

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

5,489

8,730

Other debtors

-

9,748

5,489

18,478

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation & social security

15,957

18,155

Other creditors

955

905

16,912

19,060

7.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

397

474

Deferred

tax

£

Balance at 1 April 2025

474

Movement in year

(77

)

Balance at 31 March 2026

397