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Company Registration No. 10867996 (England and Wales)
A S M C DEVELOPMENT LTD Unaudited accounts for the year ended 31 July 2023
A S M C DEVELOPMENT LTD Unaudited accounts Contents
Page
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A S M C DEVELOPMENT LTD Company Information for the year ended 31 July 2023
Director
ANTHONY RICHARD SAYERS
Company Number
10867996 (England and Wales)
Registered Office
5 DUKE STREET SOUTHPORT PR8 1SE UNITED KINGDOM
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A S M C DEVELOPMENT LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
700,000 
1,150,000 
Current assets
Cash at bank and in hand
26,885 
23,355 
Creditors: amounts falling due within one year
(45,000)
(559,000)
Net current liabilities
(18,115)
(535,645)
Total assets less current liabilities
681,885 
614,355 
Creditors: amounts falling due after more than one year
(752,260)
(668,840)
Net liabilities
(70,375)
(54,485)
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
(70,395)
(54,505)
Shareholders' funds
(70,375)
(54,485)
For the year ending 31 July 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 8 April 2024 and were signed on its behalf by
ANTHONY RICHARD SAYERS Director Company Registration No. 10867996
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A S M C DEVELOPMENT LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
A S M C DEVELOPMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 10867996. The registered office is 5 DUKE STREET, SOUTHPORT, PR8 1SE, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2022
1,150,000 
Additions
100,000 
Disposals
(550,000)
At 31 July 2023
700,000 
Depreciation
At 31 July 2023
- 
Net book value
At 31 July 2023
700,000 
At 31 July 2022
1,150,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
45,000 
559,000 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
752,260 
668,840 
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A S M C DEVELOPMENT LTD Notes to the Accounts for the year ended 31 July 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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