REGISTERED NUMBER: SC628712 (Scotland)

Financial Statements

For The Year Ended 30 April 2026

for

Aspire Developments (Scotland) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Fraser

SECRETARY:

REGISTERED OFFICE:

Calder Manor

Brownieside Road

Plains

Airdrie

ML6 8NP

REGISTERED NUMBER:

SC628712 (Scotland)

ACCOUNTANTS:

Cahill Jack Associates Limited

91 Alexander Street

Airdrie

North Lanarkshire

ML6 0BD

FIXED ASSETS

Tangible assets

4

58,633

46,278

CURRENT ASSETS

Stocks

192,408

148,144

Debtors

5

18,205

27,956

Cash at bank

141,478

33,972

352,091

210,072

CREDITORS

Amounts falling due within one year

6

348,991

127,151

NET CURRENT ASSETS

3,100

82,921

TOTAL ASSETS LESS CURRENT LIABILITIES

61,733

129,199

CREDITORS

Amounts falling due after more than one year

7

(28,278

)

(97,050

)

PROVISIONS FOR LIABILITIES

(5,385

)

(3,514

)

NET ASSETS

28,070

28,635

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

27,970

28,535

28,070

28,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 1 October 2026 and were signed by:

G Fraser - Director

1.	STATUTORY INFORMATION

Aspire Developments (Scotland) Ltd is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

61,704

Additions

31,900

At 30 April 2026

93,604

DEPRECIATION

At 1 May 2025

15,426

Charge for year

19,545

At 30 April 2026

34,971

NET BOOK VALUE

At 30 April 2026

58,633

At 30 April 2025

46,278

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

18,205

-

VAT

-

27,956

18,205

27,956

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

-

3,479

Other loans

260,850

22,500

Hire purchase contracts

15,689

7,000

Trade creditors

-

2,425

Tax

7,244

16,530

Social security and other taxes

9,035

3,237

VAT

49,605

-

Directors' loan accounts

2,568

67,980

Accrued expenses

4,000

4,000

348,991

127,151

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Other loans - 1-2 years

-

75,019

Hire purchase contracts

28,278

22,031

28,278

97,050