Aspire Heating & Plumbing Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09430639

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ASPIRE HEATING & PLUMBING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P A Bellinger

REGISTERED OFFICE:

1 Cricklade Court

Cricklade Street

Old Town

SWINDON

Wiltshire

SN1 3EY

REGISTERED NUMBER:

09430639

ACCOUNTANTS:

Ekins & Co (Swindon)

Accountants and Tax Advisors

1 Cricklade Court

Cricklade Street

Old Town

SWINDON

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

16,225

20,281

CURRENT ASSETS

Debtors

5

3,103

2,699

Cash at bank

90,868

87,360

93,971

90,059

CREDITORS

Amounts falling due within one year

6

14,490

20,565

NET CURRENT ASSETS

79,481

69,494

TOTAL ASSETS LESS CURRENT LIABILITIES

95,706

89,775

CREDITORS

Amounts falling due after more than one year

7

9,000

12,000

NET ASSETS

86,706

77,775

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

86,606

77,675

SHAREHOLDERS' FUNDS

86,706

77,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 25 May 2023 and were signed by:

P A Bellinger - Director

1.	STATUTORY INFORMATION

Aspire Heating & Plumbing Limited is a private company, limited by shares , registered in Not specified/Other. 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

-

20% 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.

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 (2022 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

and 31 March 2023

26,924

DEPRECIATION

At 1 April 2022

6,643

Charge for year

4,056

At 31 March 2023

10,699

NET BOOK VALUE

At 31 March 2023

16,225

At 31 March 2022

20,281

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

3,103

2,699

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade creditors

1,950

16,105

Taxation and social security

12,530

4,230

Other creditors

10

230

14,490

20,565

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.23

31.3.22

£

£

Bank loans

9,000

12,000