All Aspects Group Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10752121 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2023

for

All Aspects Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Waters

SECRETARY:

REGISTERED OFFICE:

29 Rosethorn Close

Balham

London

SW120JP

REGISTERED NUMBER:

10752121 (England and Wales)

ACCOUNTANTS:

A S TAXATION LIMITED

59 Lancaster Avenue

Guildford

Surrey

GU1 3JR

FIXED ASSETS

Tangible assets

4

-

2,699

CURRENT ASSETS

Debtors

5

56,721

144,735

Cash at bank

12,482

-

69,203

144,735

CREDITORS

Amounts falling due within one year

6

68,849

105,471

NET CURRENT ASSETS

354

39,264

TOTAL ASSETS LESS CURRENT LIABILITIES

354

41,963

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

254

41,863

SHAREHOLDERS' FUNDS

354

41,963

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 18 December 2023 and were signed by:

A Waters - Director

1.	STATUTORY INFORMATION

All Aspects Group Ltd is a private company, limited by shares , registered in England and Wales. 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.

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 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2022

10,500

Disposals

(10,500

)

At 31 May 2023

-

DEPRECIATION

At 1 June 2022

7,801

Eliminated on disposal

(7,801

)

At 31 May 2023

-

NET BOOK VALUE

At 31 May 2023

-

At 31 May 2022

2,699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Trade debtors

-

93,945

Other debtors

56,721

50,790

56,721

144,735

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Bank loans and overdrafts

-

4,947

Trade creditors

(1

)

1

Taxation and social security

46,047

61,194

Other creditors

22,803

39,329

68,849

105,471

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23

31.5.22

£

£

A Waters

Balance outstanding at start of year

50,790

63,990

Amounts advanced

5,931

-

Amounts repaid

-

(13,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

56,721

50,790