1 November 2021 v2023.14.2 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00xbrli:purexbrli:sharesiso4217:GBP020147512021-11-012023-03-31020147512023-03-3102014751bus:Director12021-11-012023-03-3102014751bus:Director22021-11-012023-03-3102014751bus:Director32021-11-012023-03-3102014751bus:Director42021-11-012023-03-3102014751bus:Director52021-11-012023-03-3102014751bus:Director62021-11-012023-03-3102014751bus:CompanySecretary12021-11-012023-03-3102014751bus:RegisteredOffice2021-11-012023-03-31020147512020-11-012021-10-31020147512021-10-3102014751core:WithinOneYear2023-03-3102014751core:WithinOneYear2021-10-3102014751core:ShareCapital2023-03-3102014751core:ShareCapital2021-10-3102014751core:OtherReservesSubtotal2023-03-3102014751core:OtherReservesSubtotal2021-10-3102014751core:RetainedEarningsAccumulatedLosses2023-03-3102014751core:RetainedEarningsAccumulatedLosses2021-10-3102014751core:LandBuildings2021-11-012023-03-3102014751core:LandBuildings2021-11-0102014751core:LandBuildings2023-03-3102014751core:LandBuildings2021-10-310201475112021-11-012023-03-3102014751countries:EnglandWales2021-11-012023-03-3102014751bus:AuditExempt-NoAccountantsReport2021-11-012023-03-3102014751bus:PrivateLimitedCompanyLtd2021-11-012023-03-3102014751bus:SmallEntities2021-11-012023-03-3102014751bus:FullAccounts2021-11-012023-03-31
Company registration number:
02014751
Ashday (1986) Limited
Unaudited Financial Statements for the period ended
31 March 2023
Ashday (1986) Limited
Officers and Professional Advisers
Period ended
31 March 2023
Directors
K Baker
S Davies
C Edwards
J Parkinson
A Wallace
I Wallace
Company secretary
Alan Wallace
Registered office
500 Elland Road
Elland
West Yorkshire
HX5 9JB
Accountant
AR Consultancy & Co. (Accountants) Ltd
Martin House
2 Martin Street
Brighouse
United Kingdom
HD6 1DA
United Kingdom
Ashday (1986) Limited
Directors' Report
Period ended
31 March 2023
The directors present their report and the unaudited
financial statements
of the company for the period from 1 November 2021 to 31 March 2023.

Directors

The directors who served the company during the period were as follows:
K Baker
S Davies
C Edwards
J Parkinson
A Wallace
I Wallace

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
14 July 2023
and signed on behalf of the board by:
Alan Wallace
S Davies
K Baker
Company secretaryDirectorDirector
C Edwards
J Parkinson
I Wallace
DirectorDirectorDirector
Ashday (1986) Limited
Income Statement
Period ended
31 March 2023
Period from 1 Nov 2021 to 31 Mar 2023Year to 31 Oct 2021
££
Turnover
177,724
 
56,968
 
Cost of sales
(6,614
) (1,886 )
Gross profit
171,110
 
55,082
 
Administrative expenses
(116,362
)
(59,903
)
Other operating income
4,141
 
2,921
 
Operating profit/(loss)
58,889
 
(1,900
)
Profit/(loss) before tax
58,889
 
(1,900
)
Tax on profit/(loss) -   -  
Profit/(loss) for the financial period
58,889
 
(1,900
)
The company has no other recognised items of income or expense other than the results for the period as set out above.
Ashday (1986) Limited
Statement of Financial Position
31 March 2023
31 Mar 202331 Oct 2021
Note££
Fixed assets    
Tangible assets 5
200,053
 
153,340
 
Current assets    
Stocks
4,847
 
3,571
 
Debtors 6
8,481
 
1,010
 
Investments 7 -  
1
 
Cash at bank and in hand
56,142
 
64,746
 
69,470
 
69,328
 
Creditors: amounts falling due within one year 8
(41,541
)
(49,593
)
Net current assets
27,929
 
19,735
 
Total assets less current liabilities 227,982   173,075  
Capital and reserves    
Called up share capital
15,774
 
12,465
 
Other reserves
(6,061
)
1,230
 
Profit and loss account
218,269
 
159,380
 
Shareholders funds
227,982
 
173,075
 
For the period ending
31 March 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
20 July 2023
, and are signed on behalf of the board by:
A Wallace
Director
Company registration number:
02014751
Ashday (1986) Limited
Notes to the Financial Statements
Period ended
31 March 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
500 Elland Road
,
Elland
,
West Yorkshire
,
HX5 9JB
, .

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
Straight line over 20 years

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the period was Nil (2021: Nil).

5 Tangible assets

Land and buildings
£
Cost  
At
1 November 2021
361,557
 
Additions
74,722
 
At
31 March 2023
436,279
 
Depreciation  
At
1 November 2021
208,217
 
Charge
28,009
 
At
31 March 2023
236,226
 
Carrying amount  
At
31 March 2023
200,053
 
At 31 October 2021
153,340
 

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
Land and buildingsLand and buildings
31 Mar 202331 Oct 2021
££
Aggregate historical cost 436,280   361,558  
Aggregate depreciation (236,226 ) (208,218 )
Carrying amount 200,054   153,340  

6 Debtors

31 Mar 202331 Oct 2021
££
Other debtors
8,481
 
1,010
 

7 Investments

31 Mar 202331 Oct 2021
££
Other current asset investments -  
1
 

8 Creditors: amounts falling due within one year

31 Mar 202331 Oct 2021
££
Trade creditors
295
 
853
 
Other creditors
41,246
 
48,740
 
41,541
 
49,593