ASCOTECH LIMITED

Company Registration Number:
02884826 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

ASCOTECH LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ASCOTECH LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Robert Ladell
Amanda J Ladell
Secretary: Amanda J Ladell
Registered office: 40
Orpington Road
London
N21 3PG
Company Registration Number: 02884826 (England and Wales)

ASCOTECH LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

The principal activity of the company in the period under review was the provision of project management services and goods

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Robert Ladell
Amanda J Ladell

Secretary
Amanda J Ladell

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Amanda J Ladell
Status: Director

ASCOTECH LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 21 21
Cash at bank and in hand: 9,193 9,301
Total current assets: 9,214 9,322
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 82,105 ) ( 81,708 )
Net current assets (liabilities): ( 72,891 ) ( 72,386 )
Total assets less current liabilities: ( 72,891 ) ( 72,386 )
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 72,891 ) ( 72,386 )

The notes form part of these financial statements

ASCOTECH LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Revaluation reserve: 7 0 0
Profit and loss account: ( 72,893 ) ( 72,388 )
Shareholders funds: ( 72,891 ) ( 72,386 )

For the year ending 31 January 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Amanda J Ladell
Status: Director

The notes form part of these financial statements

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried cut in respect of services provided to
    customers.

    Other accounting policies

    The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. At 31st January 2023 current liabilities exceeded current assets by £72,893. However, it is the intention of the directors to continue to provide such financial support as is necessary to enable the company to meet its obligations as they fall due. The directors are therefore of the opinion that it is appropriate for the accounts to be prepared on the going concern basis.

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 February 2022 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 January 2023 0
    Amortisation
    Amortisation at 01 February 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 January 2023 0
    Net book value
    Net book value at 31 January 2023 0
    Net book value at 31 January 2022 0

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Tangible Assets

Total
Cost £
At 01 February 2022 0
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 January 2023 0
Depreciation
At 01 February 2022 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 January 2023 0
Net book value
At 31 January 2023 0
At 31 January 2022 0

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Creditors: amounts falling due within one year note

Included in "other creditors" is an amount owed by the company to R.Ladell and A.J.Ladell (directors and 50% shareholders of AsCoTech
Limited) of £82,105 at the balance sheet date (2022: £81,708). This figure was in credit throughout the year and is interest free, unsecured and
repayable on demand.

ASCOTECH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

7. Revaluation reserve


2023
£
Balance at 01 February 2022 0
Surplus or deficit after revaluation 0
Balance at 31 January 2023 0