0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,188 594 396 990 198 594 xbrli:pure xbrli:shares iso4217:GBP 5666577 2022-10-01 2023-09-30 5666577 2023-09-30 5666577 2022-09-30 5666577 2021-10-01 2022-09-30 5666577 2022-09-30 5666577 2021-09-30 5666577 bus:Director2 2022-10-01 2023-09-30 5666577 core:WithinOneYear 2023-09-30 5666577 core:WithinOneYear 2022-09-30 5666577 core:AfterOneYear 2023-09-30 5666577 core:AfterOneYear 2022-09-30 5666577 core:ShareCapital 2023-09-30 5666577 core:ShareCapital 2022-09-30 5666577 core:RetainedEarningsAccumulatedLosses 2023-09-30 5666577 core:RetainedEarningsAccumulatedLosses 2022-09-30 5666577 bus:SmallEntities 2022-10-01 2023-09-30 5666577 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 5666577 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 5666577 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 5666577 bus:FullAccounts 2022-10-01 2023-09-30 5666577 core:OfficeEquipment 2022-10-01 2023-09-30 5666577 core:OfficeEquipment 2023-09-30 5666577 core:OfficeEquipment 2022-09-30
COMPANY REGISTRATION NUMBER: 5666577
Ashbloo Limited
Filleted Unaudited Financial Statements
For the Year Ended
30 September 2023
Ashbloo Limited
Statement of Financial Position
30 September 2023
2023
2022
Note
£
£
£
Fixed Assets
Tangible assets
4
198
594
Current Assets
Debtors
5
2,706
14,151
Cash at bank and in hand
11,602
9,894
---------
---------
14,308
24,045
Creditors: amounts falling due within one year
6
5,694
19,000
---------
---------
Net Current Assets
8,614
5,045
-------
-------
Total Assets Less Current Liabilities
8,812
5,639
Creditors: amounts falling due after more than one year
7
18,448
14,494
---------
---------
Net Liabilities
( 9,636)
( 8,855)
---------
---------
Ashbloo Limited
Statement of Financial Position (continued)
30 September 2023
2023
2022
Note
£
£
£
Capital and Reserves
Called up share capital
2,000
2,000
Profit and loss account
( 11,636)
( 10,855)
---------
---------
Shareholders Deficit
( 9,636)
( 8,855)
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30th September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 5 April 2024 , and are signed on behalf of the board by:
S P Hull
Director
Company registration number: 5666577
Ashbloo Limited
Notes to the Financial Statements
Year Ended 30th September 2023
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Park Drive, Tiptree, Colchester, Essex, CO5 0GW.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment
-
33% straight line
Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible Assets
Equipment
Total
£
£
Cost
At 1st October 2022 and 30th September 2023
1,188
1,188
-------
-------
Depreciation
At 1st October 2022
594
594
Charge for the year
396
396
-------
-------
At 30th September 2023
990
990
-------
-------
Carrying amount
At 30th September 2023
198
198
-------
-------
At 30th September 2022
594
594
-------
-------
5. Debtors
2023
2022
£
£
Trade debtors
2,113
12,932
Other debtors
593
1,219
-------
---------
2,706
14,151
-------
---------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
5,005
Trade creditors
2,601
11,214
Other creditors
3,093
2,781
-------
---------
5,694
19,000
-------
---------
7. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
18,448
14,494
---------
---------