2022-03-012023-02-282023-02-28false12869067ASF 20 LTD2023-11-0169201iso4217:GBPxbrli:pure128690672022-03-01128690672023-02-28128690672022-03-012023-02-28128690672020-09-09128690672022-02-28128690672020-09-092022-02-2812869067bus:SmallEntities2022-03-012023-02-2812869067bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2812869067bus:FullAccounts2022-03-012023-02-2812869067bus:PrivateLimitedCompanyLtd2022-03-012023-02-2812869067core:WithinOneYear2023-02-2812869067core:AfterOneYear2023-02-2812869067core:WithinOneYear2022-02-2812869067core:AfterOneYear2022-02-2812869067core:ShareCapital2023-02-2812869067core:SharePremium2023-02-2812869067core:RevaluationReserve2023-02-2812869067core:OtherReservesSubtotal2023-02-2812869067core:RetainedEarningsAccumulatedLosses2023-02-2812869067core:ShareCapital2022-02-2812869067core:SharePremium2022-02-2812869067core:RevaluationReserve2022-02-2812869067core:OtherReservesSubtotal2022-02-2812869067core:RetainedEarningsAccumulatedLosses2022-02-2812869067core:LandBuildings2023-02-2812869067core:PlantMachinery2023-02-2812869067core:Vehicles2023-02-2812869067core:FurnitureFittings2023-02-2812869067core:OfficeEquipment2023-02-2812869067core:NetGoodwill2023-02-2812869067core:IntangibleAssetsOtherThanGoodwill2023-02-2812869067core:ListedExchangeTraded2023-02-2812869067core:UnlistedNon-exchangeTraded2023-02-2812869067core:LandBuildings2022-02-2812869067core:PlantMachinery2022-02-2812869067core:Vehicles2022-02-2812869067core:FurnitureFittings2022-02-2812869067core:OfficeEquipment2022-02-2812869067core:NetGoodwill2022-02-2812869067core:IntangibleAssetsOtherThanGoodwill2022-02-2812869067core:ListedExchangeTraded2022-02-2812869067core:UnlistedNon-exchangeTraded2022-02-2812869067core:LandBuildings2022-03-012023-02-2812869067core:PlantMachinery2022-03-012023-02-2812869067core:Vehicles2022-03-012023-02-2812869067core:FurnitureFittings2022-03-012023-02-2812869067core:OfficeEquipment2022-03-012023-02-2812869067core:NetGoodwill2022-03-012023-02-2812869067core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812869067core:ListedExchangeTraded2022-03-012023-02-2812869067core:UnlistedNon-exchangeTraded2022-03-012023-02-2812869067core:MoreThanFiveYears2022-03-012023-02-2812869067core:Non-currentFinancialInstruments2023-02-2812869067core:Non-currentFinancialInstruments2022-02-2812869067dpl:CostSales2022-03-012023-02-2812869067dpl:DistributionCosts2022-03-012023-02-2812869067core:LandBuildings2022-03-012023-02-2812869067core:PlantMachinery2022-03-012023-02-2812869067core:Vehicles2022-03-012023-02-2812869067core:FurnitureFittings2022-03-012023-02-2812869067core:OfficeEquipment2022-03-012023-02-2812869067dpl:AdministrativeExpenses2022-03-012023-02-2812869067core:NetGoodwill2022-03-012023-02-2812869067core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812869067dpl:GroupUndertakings2022-03-012023-02-2812869067dpl:ParticipatingInterests2022-03-012023-02-2812869067dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812869067core:ListedExchangeTraded2022-03-012023-02-2812869067dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812869067core:UnlistedNon-exchangeTraded2022-03-012023-02-2812869067dpl:CostSales2020-09-092022-02-2812869067dpl:DistributionCosts2020-09-092022-02-2812869067core:LandBuildings2020-09-092022-02-2812869067core:PlantMachinery2020-09-092022-02-2812869067core:Vehicles2020-09-092022-02-2812869067core:FurnitureFittings2020-09-092022-02-2812869067core:OfficeEquipment2020-09-092022-02-2812869067dpl:AdministrativeExpenses2020-09-092022-02-2812869067core:NetGoodwill2020-09-092022-02-2812869067core:IntangibleAssetsOtherThanGoodwill2020-09-092022-02-2812869067dpl:GroupUndertakings2020-09-092022-02-2812869067dpl:ParticipatingInterests2020-09-092022-02-2812869067dpl:GroupUndertakingscore:ListedExchangeTraded2020-09-092022-02-2812869067core:ListedExchangeTraded2020-09-092022-02-2812869067dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-09-092022-02-2812869067core:UnlistedNon-exchangeTraded2020-09-092022-02-2812869067core:NetGoodwill2023-02-2812869067core:IntangibleAssetsOtherThanGoodwill2023-02-2812869067core:LandBuildings2023-02-2812869067core:PlantMachinery2023-02-2812869067core:Vehicles2023-02-2812869067core:FurnitureFittings2023-02-2812869067core:OfficeEquipment2023-02-2812869067core:AfterOneYear2023-02-2812869067core:WithinOneYear2023-02-2812869067core:ListedExchangeTraded2023-02-2812869067core:UnlistedNon-exchangeTraded2023-02-2812869067core:ShareCapital2023-02-2812869067core:SharePremium2023-02-2812869067core:RevaluationReserve2023-02-2812869067core:OtherReservesSubtotal2023-02-2812869067core:RetainedEarningsAccumulatedLosses2023-02-2812869067core:NetGoodwill2022-02-2812869067core:IntangibleAssetsOtherThanGoodwill2022-02-2812869067core:LandBuildings2022-02-2812869067core:PlantMachinery2022-02-2812869067core:Vehicles2022-02-2812869067core:FurnitureFittings2022-02-2812869067core:OfficeEquipment2022-02-2812869067core:AfterOneYear2022-02-2812869067core:WithinOneYear2022-02-2812869067core:ListedExc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ASF 20 LTD

Registered Number
12869067
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

ASF 20 LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

ATKINSON, Richard

Registered Address

Hawthorns Scarle Lane
Eagle
Lincoln
LN6 9EJ

Registered Number

12869067 (England and Wales)
ASF 20 LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets51,5891,350
Investments694,78070,350
96,36971,700
Current assets
Cash at bank and on hand43,19360,676
43,19360,676
Creditors amounts falling due within one year7(11,402)(12,533)
Net current assets (liabilities)31,79148,143
Total assets less current liabilities128,160119,843
Creditors amounts falling due after one year8(31,159)(15,360)
Net assets97,001104,483
Capital and reserves
Called up share capital140140
Profit and loss account96,861104,343
Shareholders' funds97,001104,483
The financial statements were approved and authorised for issue by the Director on 1 November 2023, and are signed on its behalf by:
ATKINSON, Richard
Director
Registered Company No. 12869067
ASF 20 LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment20
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 March 221,7981,798
Additions637637
At 28 February 232,4352,435
Depreciation and impairment
At 01 March 22448448
Charge for year398398
At 28 February 23846846
Net book value
At 28 February 231,5891,589
At 28 February 221,3501,350
6.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 01 March 2270,35070,350
Additions24,43024,430
At 28 February 2394,78094,780
Net book value
At 28 February 2394,78094,780
At 28 February 2270,35070,350

Notes

1Investments in group undertakings and participating interests
7.Creditors within one year

2023

2022

££
Taxation and social security11,40212,533
Total11,40212,533
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2023

2022

££
Amounts owed to related parties12,50012,500
Other creditors18,6592,860
Total31,15915,360