IRIS Accounts Production v22.1.4.3 06403767 director 1.11.20 31.10.21 31.10.21 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure064037672020-10-31064037672021-10-31064037672020-11-012021-10-31064037672019-10-31064037672019-11-012020-10-31064037672020-10-3106403767ns16:EnglandWales2020-11-012021-10-3106403767ns15:PoundSterling2020-11-012021-10-3106403767ns11:Director12020-11-012021-10-3106403767ns11:PrivateLimitedCompanyLtd2020-11-012021-10-3106403767ns11:SmallEntities2020-11-012021-10-3106403767ns11:AuditExempt-NoAccountantsReport2020-11-012021-10-3106403767ns11:SmallCompaniesRegimeForDirectorsReport2020-11-012021-10-3106403767ns11:SmallCompaniesRegimeForAccounts2020-11-012021-10-3106403767ns11:FullAccounts2020-11-012021-10-3106403767ns11:OrdinaryShareClass12020-11-012021-10-3106403767ns11:CompanySecretary12020-11-012021-10-3106403767ns11:RegisteredOffice2020-11-012021-10-3106403767ns6:CurrentFinancialInstruments2021-10-3106403767ns6:CurrentFinancialInstruments2020-10-3106403767ns6:ShareCapital2021-10-3106403767ns6:ShareCapital2020-10-3106403767ns6:RetainedEarningsAccumulatedLosses2021-10-3106403767ns6:RetainedEarningsAccumulatedLosses2020-10-3106403767ns6:PlantMachinery2020-11-012021-10-3106403767ns6:FurnitureFittings2020-11-012021-10-3106403767ns6:MotorVehicles2020-11-012021-10-3106403767ns6:ComputerEquipment2020-11-012021-10-3106403767ns6:PlantMachinery2020-10-3106403767ns6:FurnitureFittings2020-10-3106403767ns6:MotorVehicles2020-10-3106403767ns6:ComputerEquipment2020-10-3106403767ns6:PlantMachinery2021-10-3106403767ns6:FurnitureFittings2021-10-3106403767ns6:MotorVehicles2021-10-3106403767ns6:ComputerEquipment2021-10-3106403767ns6:PlantMachinery2020-10-3106403767ns6:FurnitureFittings2020-10-3106403767ns6:MotorVehicles2020-10-3106403767ns6:ComputerEquipment2020-10-3106403767ns6:WithinOneYearns6:CurrentFinancialInstruments2021-10-3106403767ns6:WithinOneYearns6:CurrentFinancialInstruments2020-10-3106403767ns11:OrdinaryShareClass12021-10-31
REGISTERED NUMBER: 06403767 (England and Wales)













ASBP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2021






ASBP LIMITED (REGISTERED NUMBER: 06403767)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2021










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ASBP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2021







DIRECTOR: Mr. A W Phillip





SECRETARY: Mrs. A Phillip





REGISTERED OFFICE: 58 Wearside Road
London
SE13 7UL





REGISTERED NUMBER: 06403767 (England and Wales)





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

ASBP LIMITED (REGISTERED NUMBER: 06403767)

STATEMENT OF FINANCIAL POSITION
31ST OCTOBER 2021

2021 2020
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,344 9,793

CURRENT ASSETS
Debtors 5 2,513 5,978
Cash at bank 100,675 68,033
103,188 74,011
CREDITORS
Amounts falling due within one year 6 30,511 28,749
NET CURRENT ASSETS 72,677 45,262
TOTAL ASSETS LESS CURRENT LIABILITIES 80,021 55,055

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 80,019 55,053
SHAREHOLDERS' FUNDS 80,021 55,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2021 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.

ASBP LIMITED (REGISTERED NUMBER: 06403767)

STATEMENT OF FINANCIAL POSITION - continued
31ST OCTOBER 2021


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th August 2022 and were signed by:





Mr. A W Phillip - Director


ASBP LIMITED (REGISTERED NUMBER: 06403767)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2021


1. STATUTORY INFORMATION

ASBP Limited 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 3 ) .

ASBP LIMITED (REGISTERED NUMBER: 06403767)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2021


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1st November 2020
and 31st October 2021 5,133 1,686 27,960 3,040 37,819
DEPRECIATION
At 1st November 2020 4,819 1,642 18,812 2,753 28,026
Charge for year 79 11 2,287 72 2,449
At 31st October 2021 4,898 1,653 21,099 2,825 30,475
NET BOOK VALUE
At 31st October 2021 235 33 6,861 215 7,344
At 31st October 2020 314 44 9,148 287 9,793

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Trade debtors 2,513 5,978

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Hire purchase contracts - 1,931
Taxation and social security 19,127 19,972
Other creditors 11,384 6,846
30,511 28,749

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £ £
2 Ordinary £1 2 2