M.A. ASHLEY & SONS LIMITED

Company Registration Number:
00601307 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

M.A. ASHLEY & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M.A. ASHLEY & SONS LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Navin Shah
Secretary: Kantilal Shah
Registered office: 33
High Street
Hoddesdon
Herts
EN11 8TA
Company Registration Number: 00601307 (England and Wales)

M.A. ASHLEY & SONS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 69,079 73,386
Tangible assets: 5 643,715 656,907
Total fixed assets: 712,794 730,293
Current assets
Stocks: 29,955 32,955
Debtors: 3,346 2,478
Cash at bank and in hand: 510,637 463,782
Total current assets: 543,938 499,215
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 154,357 ) ( 161,023 )
Net current assets (liabilities): 389,581 338,192
Total assets less current liabilities: 1,102,375 1,068,485
Accruals and deferred income: ( 38,263 ) ( 42,011 )
Total net assets (liabilities): 1,064,112 1,026,474

The notes form part of these financial statements

M.A. ASHLEY & SONS LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 6,040 6,040
Revaluation reserve: 6 153,727 153,727
Profit and loss account: 904,345 866,707
Shareholders funds: 1,064,112 1,026,474

For the year ending 31 March 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 13 November 2023
And Signed On Behalf Of The Board By:

Name: Navin Shah
Status: Director

The notes form part of these financial statements

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 April 2022 73,386
    Additions -
    Disposals (4,307)
    Revaluations -
    Transfers -
    At 31 March 2023 69,079
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2023 -
    Net book value
    Net book value at 31 March 2023 69,079
    Net book value at 31 March 2022 73,386

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible Assets

Total
Cost £
At 01 April 2022 656,907
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2023 656,907
Depreciation
At 01 April 2022 -
Charge for year 13,192
On disposals -
Other adjustments -
At 31 March 2023 13,192
Net book value
At 31 March 2023 643,715
At 31 March 2022 656,907

M.A. ASHLEY & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Revaluation reserve


2023
£
Balance at 01 April 2022 153,727
Surplus or deficit after revaluation 0
Balance at 31 March 2023 153,727