Company Registration No. 11348220 (England and Wales)
Ashtree Property Solutions Ltd
Unaudited accounts
for the year ended 31 May 2023
Ashtree Property Solutions Ltd
Unaudited accounts
Contents
Ashtree Property Solutions Ltd
Company Information
for the year ended 31 May 2023
Director
Dr Muhammad Ali Ejaz
Company Number
11348220 (England and Wales)
Registered Office
75 Redlake Drive
Stourbridge
West Midlands
DY9 0RX
England
Accountants
SKN Services Limited
SKN Business Centre
1 Guildford St
Birmingham
B19 2HN
Ashtree Property Solutions Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
1,003,977
1,003,977
Cash at bank and in hand
1,827
450
Creditors: amounts falling due within one year
(290,259)
(290,410)
Net current liabilities
(287,415)
(289,023)
Total assets less current liabilities
716,562
714,954
Creditors: amounts falling due after more than one year
(710,998)
(710,987)
Called up share capital
100
100
Profit and loss account
5,464
3,867
Shareholders' funds
5,564
3,967
For the year ending 31 May 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 30 January 2024 and were signed on its behalf by
Dr Muhammad Ali Ejaz
Director
Company Registration No. 11348220
Ashtree Property Solutions Ltd
Notes to the Accounts
for the year ended 31 May 2023
Ashtree Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11348220. The registered office is 75 Redlake Drive, Stourbridge, West Midlands, DY9 0RX, 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:
Land & buildings
Not depreciated
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
Accrued income and prepayments
1,017
937
Ashtree Property Solutions Ltd
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
374
351
Other creditors
289,885
290,059
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
710,998
710,987
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).