ASGARD ESTATES LIMITED

Company Registration Number:
12983147 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

ASGARD ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

ASGARD ESTATES LIMITED

Balance sheet

As at 31 October 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 91,199 80,574
Tangible assets: 4 5,473 6,818
Total fixed assets: 96,672 87,392
Current assets
Debtors:   6,888 13,645
Cash at bank and in hand: 20,899 13,144
Total current assets: 27,787 26,789
Creditors: amounts falling due within one year:   (168,953) (130,145)
Net current assets (liabilities): (141,166) (103,356)
Total assets less current liabilities: (44,494) (15,964)
Creditors: amounts falling due after more than one year:   (6,008) (15,278)
Total net assets (liabilities): (50,502) (31,242)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (50,602) (31,342)
Shareholders funds: (50,502) (31,242)

The notes form part of these financial statements

ASGARD ESTATES LIMITED

Balance sheet statements

For the year ending 31 October 2022 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 September 2023
and signed on behalf of the board by:

Name: Mr G D S Mangat
Status: Director

The notes form part of these financial statements

ASGARD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

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

ASGARD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

ASGARD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Intangible Assets

Total
Cost £
At 01 November 2021 83,352
Additions 16,500
At 31 October 2022 99,852
Amortisation
At 01 November 2021 2,778
Charge for year 5,875
At 31 October 2022 8,653
Net book value
At 31 October 2022 91,199
At 31 October 2021 80,574

ASGARD ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Tangible Assets

Total
Cost £
At 01 November 2021 8,522
Additions 449
At 31 October 2022 8,971
Depreciation
At 01 November 2021 1,704
Charge for year 1,794
At 31 October 2022 3,498
Net book value
At 31 October 2022 5,473
At 31 October 2021 6,818