Company registration number 09090366 (England and Wales)
ASPIRE PYA 1 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
ASPIRE PYA 1 LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
ASPIRE PYA 1 LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
-
0
100
Current assets
Debtors
4
1,333,025
1,333,025
Creditors: amounts falling due within one year
5
(81,816)
(79,436)
Net current assets
1,251,209
1,253,589
Net assets
1,251,209
1,253,689
Capital and reserves
Called up share capital
6
1,312,082
1,312,082
Profit and loss reserves
(60,873)
(58,393)
Total equity
1,251,209
1,253,689

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

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 16 July 2026
D Petrov
Director
Company registration number 09090366 (England and Wales)
ASPIRE PYA 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Aspire PYA 1 Limited is a private company limited by shares incorporated in England and Wales. The principal place of business is 214A Rue De Treves L-2630 Luxembourg.

1.1
Reporting period

The reporting period is 12 months for the year to 31 October 2025. The comparative period reflects the 1 3 month period from 1 October 202 3 to 3 1 October 202 4 and therefore the comparative amounts presented in the financial statements are not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.3
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, however the director is uncertain as to whether the company will continue to trade in future periods. The director continues to adopt the going concern basis of accounting in preparing the financial statements..

1.4
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. After the assets are ready for use, borrowing costs are expensed in the profit and loss account.

1.5
Cash and cash equivalents

Cash at bank and in hand are basic financial assets.

ASPIRE PYA 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
-
0
100
ASPIRE PYA 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
3
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 November 2024
100
Disposals
(100)
At 31 October 2025
-
Carrying amount
At 31 October 2025
-
At 31 October 2024
100
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1,333,025
1,333,025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
81,816
79,436

6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
20,000
20,000
20,000
20,000
Ordinary A shares of £1 each
1,292,082
1,292,082
1,292,082
1,292,082
1,312,082
1,312,082
1,312,082
1,312,082

The Ordinary shares and Ordinary A shares rank equally and have the same rights to dividends and on winding up. The Ordinary shares have full voting rights and the Ordinary A shares can only vote to wind up the company, reduce its share capital, sell the company or vary the rights of the Ordinary A shares.

ASPIRE PYA 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
7
Related party transactions

The company has taken advantage of the exemption available in FRS 102 in relation to the disclosure of transactions with group companies.

8
Parent company

The ultimate controlling party is Gardeval SPF S.A.R.L. The company was incorporated in Luxembourg and its registered office is 19, rue de Bitbourg, L-1273 Luxembourg.

9
Bank charge

Close Brothers has a fixed and floating charge over all property or undertakings of the company as well as a fixed and floating charge over Kings Lodge, 17 Furze field, Oxshott, Leatherhead KT22 0UR.

Yuri Petrov has a floating charge over all property or undertakings of the company as well as the freehold of Furze Lodge, 17 Furze field, Oxshott, Leatherhead KT22 0UR.

2025-10-31 2024-11-01 false false false 16 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity D Petrov 09090366 2024-11-01 2025-10-31 09090366 2025-10-31 09090366 2024-10-31 09090366 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 09090366 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 09090366 core:ShareCapital 2025-10-31 09090366 core:ShareCapital 2024-10-31 09090366 core:RetainedEarningsAccumulatedLosses 2025-10-31 09090366 core:RetainedEarningsAccumulatedLosses 2024-10-31 09090366 core:ShareCapitalOrdinaryShareClass1 2025-10-31 09090366 core:ShareCapitalOrdinaryShareClass1 2024-10-31 09090366 core:ShareCapitalOrdinaryShareClass2 2025-10-31 09090366 core:ShareCapitalOrdinaryShareClass2 2024-10-31 09090366 core:ShareCapitalOrdinaryShares 2025-10-31 09090366 core:ShareCapitalOrdinaryShares 2024-10-31 09090366 bus:Director1 2024-11-01 2025-10-31 09090366 2023-10-01 2024-10-31 09090366 core:CurrentFinancialInstruments 2025-10-31 09090366 core:CurrentFinancialInstruments 2024-10-31 09090366 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 09090366 bus:OrdinaryShareClass2 2024-11-01 2025-10-31 09090366 bus:OrdinaryShareClass1 2025-10-31 09090366 bus:OrdinaryShareClass1 2024-10-31 09090366 bus:OrdinaryShareClass2 2025-10-31 09090366 bus:OrdinaryShareClass2 2024-10-31 09090366 bus:AllOrdinaryShares 2025-10-31 09090366 bus:AllOrdinaryShares 2024-10-31 09090366 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09090366 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09090366 bus:FRS102 2024-11-01 2025-10-31 09090366 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 09090366 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP