Company Registration No. 07445514 (England and Wales)
Aspire Education Group Limited
Unaudited Financial Statements
for the year ended 30 November 2017
Aspire Education Group Limited
Unaudited Financial Statements
Contents
Aspire Education Group Limited
Company Information
for the year ended 30 November 2017
Director
Ms Patricia Lamour
Company Number
07445514 (England and Wales)
Registered Office
Building 6
30 Friern Park
London
N12 9DA
Accountants
Leapman Weiss
Building 6 30 Friern Park
London
N12 9DA
Aspire Education Group Limited
Statement of financial position
as at
30 November 2017
Cash at bank and in hand
25,025
2,510
Creditors: amounts falling due within one year
(36,403)
(7,434)
Net current assets
3,048
2,120
Total assets less current liabilities
3,394
2,123
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
3,327
2,098
Shareholders' funds
3,329
2,100
For the year ending 30 November 2017 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 director acknowledges her 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.
Approved by the Board on 28 November 2018.
Ms Patricia Lamour
Director
Company Registration No. 07445514
Aspire Education Group Limited
Notes to the Accounts
for the year ended 30 November 2017
Aspire Education Group Limited is a private company, limited by shares, registered in England and Wales, registration number 07445514. The registered office is Building 6, 30 Friern Park, London, N12 9DA.
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.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Investments in shares are included at fair value.
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Aspire Education Group Limited
Notes to the Accounts
for the year ended 30 November 2017
5
Investments
Subsidiary undertakings
Valuation at 1 December 2016
2
Valuation at 30 November 2017
2
Trade debtors
11,366
6,394
Accrued income and prepayments
-
650
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
395
697
Other creditors
4,196
3,614
Loans from directors
2,454
353
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
(353)
(2,101)
-
(2,454)
9
Average number of employees
During the year the average number of employees was 2 (2016: 1).