Company Registration No. 14400145 (England and Wales)
Aspire West Yorkshire Limited
Unaudited accounts
for the year ended 31 December 2025
Aspire West Yorkshire Limited
Unaudited accounts
Contents
Aspire West Yorkshire Limited
Company Information
for the year ended 31 December 2025
Directors
Christopher John Henry
Ben Moran
Christopher Paton
Company Number
14400145 (England and Wales)
Registered Office
40 Warton Terrace
Newcastle Upon Tyne
Tyne and Wear
NE6 5LS
England
Accountants
RAE Business Services (Yorkshire) Limited
167-169 Great Portland Street
5th Floor
London
W1W 5PF
Aspire West Yorkshire Limited
Statement of financial position
as at 31 December 2025
Investment property
400,001
400,001
Cash at bank and in hand
440
13,036
Creditors: amounts falling due within one year
(26,624)
(41,096)
Net current liabilities
(26,184)
(28,060)
Total assets less current liabilities
373,817
371,941
Creditors: amounts falling due after more than one year
(349,289)
(332,368)
Provisions for liabilities
Deferred tax
(9,931)
(9,931)
Called up share capital
10
10
Revaluation reserve
75,412
75,412
Profit and loss account
(60,825)
(45,780)
Shareholders' funds
14,597
29,642
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Christopher John Henry
Director
Company Registration No. 14400145
Aspire West Yorkshire Limited
Notes to the Accounts
for the year ended 31 December 2025
Aspire West Yorkshire Limited is a private company, limited by shares, registered in England and Wales, registration number 14400145. The registered office is 40 Warton Terrace, Newcastle Upon Tyne, Tyne and Wear, NE6 5LS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2025
400,001
At 31 December 2025
400,001
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
-
152
Other creditors
16,185
30,205
Loans from directors
9,719
9,719
Aspire West Yorkshire Limited
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
311,722
305,250
Amounts owed to group undertakings and other participating interests
37,567
-
Aggregate of amounts that fall due for payment after five years
311,722
305,250
Included in long term creditors is a bank loan secured on the investment property. A personal guarantee has been provided.
7
Transactions with related parties
Included in long term liabilities are amounts owed to related parties of £37,567 (2024 - £41,290). No interest has been charged.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).