ACCOUNTS - Final Accounts

Company registration number: 06911744

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 NOVEMBER 2025

	ASPEN HOMES LIMITED


ASPEN HOMES LIMITED

COMPANY INFORMATION

Directors	T Jelley
	J Jelley


Registered number	06911744


Registered office	43 Meads Road
	Guildford
	Surrey
	GU1 2NA


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


ASPEN HOMES LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


ASPEN HOMES LIMITED REGISTERED NUMBER:06911744

STATEMENT OF FINANCIAL POSITION

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets			51,031		-
Investments	5		72,700		72,700
			123,731		72,700
Current assets
Stocks		2,121,689		1,676,672
Debtors Within One Year	6	24,143		32,390
Cash at bank and in hand		434,120		90,626
		2,579,952		1,799,688
Creditors: amounts falling due within one year	7	(2,513,801)		(1,700,422)
Net current assets			66,151		99,266
Total assets less current liabilities			189,882		171,966
Creditors: amounts falling due after more than one year	8		(54,525)		(15,667)

Net assets			135,357		156,299

Capital and reserves
Called up share capital	100	100
Capital redemption reserve	5	5
Profit and loss account	135,252	156,194
	135,357	156,299

Page 1


ASPEN HOMES LIMITED REGISTERED NUMBER:06911744

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 NOVEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

J Jelley

Director

Date: 22 August 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


ASPEN HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	General information

Aspen Homes Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page. There is considered to be no principal place of buisness address.

The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and
the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or
receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue in connection to
property sales is recognised at the date of exchange of contracts.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


ASPEN HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.8

Stocks

Stock are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseable losses where approriate. No element of profit is included in the valuation of work in progress.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

Page 4


ASPEN HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	Additions	53,250
	At 30 November 2025	53,250
	Depreciation
	Charge for the year on owned assets	2,219
	At 30 November 2025	2,219
	Net book value
	At 30 November 2025	51,031
	At 30 November 2024	-

5.	Fixed asset investments

		Other fixed asset investments
		£
	Cost or valuation
	At 1 December 2024	72,700
	At 30 November 2025	72,700

Page 5


ASPEN HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Debtors

					2025	2024
					£	£


Other debtors	24,143	32,390
	24,143	32,390

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	5,000	10,000
Trade creditors	126,616	133,714
Corporation tax	44,296	63,945
Other taxation and social security	2,053	5,763
Obligations under finance lease and hire purchase contracts	4,378	-
Other creditors	2,326,108	1,481,650
Accruals and deferred income	5,350	5,350
	2,513,801	1,700,422

Included in other creditors is an amount of £2,253,177 (2024 - £1,443,693) secured by a way of a legal charge over the freehold land and building included in the company's stock balance.

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	16,000	15,667
Net obligations under finance leases and hire purchase contracts	38,525	-
	54,525	15,667

9.	Transactions with directors
	An amount of £398 (2024 - £34,702 creditor) was due from the director at the year end. No interest was applied in the year on this balance.

Page 6