IRIS Accounts Production v23.1.5.20 09017848 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090178482022-03-31090178482023-03-31090178482022-04-012023-03-31090178482021-03-31090178482021-04-012022-03-31090178482022-03-3109017848ns16:EnglandWales2022-04-012023-03-3109017848ns15:PoundSterling2022-04-012023-03-3109017848ns11:Director12022-04-012023-03-3109017848ns11:Director22022-04-012023-03-3109017848ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3109017848ns11:SmallEntities2022-04-012023-03-3109017848ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3109017848ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109017848ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3109017848ns11:FullAccounts2022-04-012023-03-3109017848ns11:OrdinaryShareClass12022-04-012023-03-3109017848ns11:RegisteredOffice2022-04-012023-03-3109017848ns6:CurrentFinancialInstruments2023-03-3109017848ns6:CurrentFinancialInstruments2022-03-3109017848ns6:Non-currentFinancialInstruments2023-03-3109017848ns6:Non-currentFinancialInstruments2022-03-3109017848ns6:ShareCapital2023-03-3109017848ns6:ShareCapital2022-03-3109017848ns6:RetainedEarningsAccumulatedLosses2023-03-3109017848ns6:RetainedEarningsAccumulatedLosses2022-03-3109017848ns6:PlantMachinery2022-04-012023-03-3109017848ns6:FurnitureFittings2022-04-012023-03-3109017848ns6:ComputerEquipment2022-04-012023-03-3109017848ns6:PlantMachinery2022-03-3109017848ns6:FurnitureFittings2022-03-3109017848ns6:ComputerEquipment2022-03-3109017848ns6:PlantMachinery2023-03-3109017848ns6:FurnitureFittings2023-03-3109017848ns6:ComputerEquipment2023-03-3109017848ns6:PlantMachinery2022-03-3109017848ns6:FurnitureFittings2022-03-3109017848ns6:ComputerEquipment2022-03-3109017848ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-03-3109017848ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-03-3109017848ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2023-03-3109017848ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-03-3109017848ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2023-03-3109017848ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-03-3109017848ns6:Secured2023-03-3109017848ns6:Secured2022-03-3109017848ns11:OrdinaryShareClass12023-03-3109017848ns6:RetainedEarningsAccumulatedLosses2022-03-3109017848ns6:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 09017848 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

ASHLEIGH STONE ESTATE AGENTS LIMITED

ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHLEIGH STONE ESTATE AGENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs J McNeilly
D McNeilly





REGISTERED OFFICE: Turnpike House
London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 09017848 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,140 5,078

CURRENT ASSETS
Debtors 5 13,942 17,500
Cash at bank and in hand 119,263 126,345
133,205 143,845
CREDITORS
Amounts falling due within one year 6 94,138 100,527
NET CURRENT ASSETS 39,067 43,318
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,207

48,396

CREDITORS
Amounts falling due after more than one
year

7

35,896

41,137
NET ASSETS 6,311 7,259

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 6,309 7,257
SHAREHOLDERS' FUNDS 6,311 7,259

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 directors acknowledge their 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.

ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)

BALANCE SHEET - continued
31 MARCH 2023


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 Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by:




Mrs J McNeilly - Director



D McNeilly - Director


ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Ashleigh Stone Estate Agents 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 - 15% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 1,235 2,365 13,896 17,496
Additions - - 756 756
At 31 March 2023 1,235 2,365 14,652 18,252
DEPRECIATION
At 1 April 2022 541 562 11,315 12,418
Charge for year 174 270 2,250 2,694
At 31 March 2023 715 832 13,565 15,112
NET BOOK VALUE
At 31 March 2023 520 1,533 1,087 3,140
At 31 March 2022 694 1,803 2,581 5,078

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 13,942 17,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,241 5,112
Trade creditors 2,652 2,069
Tax 29,973 30,227
Social security and other taxes 1,384 4,293
VAT 22,105 20,314
Pension liability 241 217
Inter-company account 30,439 32,096
Net wages liability - 323
Directors' current accounts 228 2,609
Accrued expenses 1,875 3,267
94,138 100,527

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,374 5,241
Bank loans - 2-5 years 16,950 16,532
Bank loans more 5 yr by instal 13,572 19,364
35,896 41,137

ASHLEIGH STONE ESTATE AGENTS LIMITED (REGISTERED NUMBER: 09017848)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,572 19,364

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 41,137 46,249

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 April 2022 7,257
Profit for the year 60,552
Dividends (61,500 )
At 31 March 2023 6,309