Company Registration No. 06971522 (England and Wales)
Ashford Formwork Limited
Unaudited accounts
for the year ended 31 January 2023
Ashford Formwork Limited
Unaudited accounts
Contents
Ashford Formwork Limited
Company Information
for the year ended 31 January 2023
Directors
Mr R P Webb
Mrs S A Webb
Company Number
06971522 (England and Wales)
Registered Office
UNIT 3 MICHELDEVER
WINCHESTER
SO21 3BT
ENGLAND
Ashford Formwork Limited
Statement of financial position
as at 31 January 2023
Tangible assets
34,313
45,372
Cash at bank and in hand
384,690
365,387
Creditors: amounts falling due within one year
(92,069)
(106,203)
Net current assets
513,758
445,450
Total assets less current liabilities
548,071
490,822
Creditors: amounts falling due after more than one year
(46,667)
(85,053)
Net assets
501,404
405,769
Called up share capital
1
1
Capital redemption reserve
1
1
Profit and loss account
501,402
405,767
Shareholders' funds
501,404
405,769
For the year ending 31 January 2023 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2023 and were signed on its behalf by
Mr R P Webb
Director
Company Registration No. 06971522
Ashford Formwork Limited
Notes to the Accounts
for the year ended 31 January 2023
Ashford Formwork Limited is a private company, limited by shares, registered in England and Wales, registration number 06971522. The registered office is UNIT 3 MICHELDEVER, WINCHESTER, SO21 3BT, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2022
54,262
31,804
86,066
At 31 January 2023
54,262
31,804
86,066
At 1 February 2022
14,557
26,137
40,694
Charge for the year
9,926
1,133
11,059
At 31 January 2023
24,483
27,270
51,753
At 31 January 2023
29,779
4,534
34,313
At 31 January 2022
39,705
5,667
45,372
Ashford Formwork Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
121,033
136,125
Accrued income and prepayments
2,531
1,237
Other debtors
82,573
33,904
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
20,000
20,000
Obligations under finance leases and hire purchase contracts
1,089
4,334
Trade creditors
21,239
17,661
Taxes and social security
42,976
53,102
Other creditors
1,082
7,636
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
18,386
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).