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Company Registration No. 12456307 (England and Wales)
ASA Partnership Limited Unaudited accounts for the year ended 28 February 2023
ASA Partnership Limited Unaudited accounts Contents
Page
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ASA Partnership Limited Company Information for the year ended 28 February 2023
Director
Amardeep Singh Chohan
Company Number
12456307 (England and Wales)
Registered Office
26 Netherhall Road Doncaster SOUTH YORKSHIRE DN1 2PW UNITED KINGDOM
Accountants
Axiom Accountants Ltd 42-44 Adelaide Street Bradford West Yorkshire BD5 0EA
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ASA Partnership Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,290 
14,112 
Current assets
Debtors
10,500 
14,600 
Cash at bank and in hand
537 
1,064 
11,037 
15,664 
Creditors: amounts falling due within one year
(28,720)
(16,901)
Net current liabilities
(17,683)
(1,237)
Total assets less current liabilities
(6,393)
12,875 
Creditors: amounts falling due after more than one year
(49,174)
(49,787)
Net liabilities
(55,567)
(36,912)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(55,667)
(37,012)
Shareholders' funds
(55,567)
(36,912)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 4 November 2023 and were signed on its behalf by
Amardeep Singh Chohan Director Company Registration No. 12456307
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ASA Partnership Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ASA Partnership Limited is a private company, limited by shares, registered in England and Wales, registration number 12456307. The registered office is 26 Netherhall Road, Doncaster, SOUTH YORKSHIRE, DN1 2PW, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
22,050 
At 28 February 2023
22,050 
Depreciation
At 1 March 2022
7,938 
Charge for the year
2,822 
At 28 February 2023
10,760 
Net book value
At 28 February 2023
11,290 
At 28 February 2022
14,112 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,500 
3,969 
Other debtors
- 
10,631 
10,500 
14,600 
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ASA Partnership Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
609 
868 
Other creditors
12,311 
- 
Loans from directors
4,050 
5,033 
Accruals
11,750 
11,000 
28,720 
16,901 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
49,174 
49,787 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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