ASHBRAD INVESTMENTS LIMITED

Company Registration Number:
09589214 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 31 May 2022

End date: 31 May 2023

ASHBRAD INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

ASHBRAD INVESTMENTS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 348,249 349,528
Total fixed assets: 348,249 349,528
Current assets
Debtors:   87 162
Cash at bank and in hand: 28,113 26,230
Total current assets: 28,200 26,392
Creditors: amounts falling due within one year:   (20,076) (13,306)
Net current assets (liabilities): 8,124 13,086
Total assets less current liabilities: 356,373 362,614
Creditors: amounts falling due after more than one year:   (257,047) (259,859)
Provision for liabilities: (18,341) (18,341)
Total net assets (liabilities): 80,985 84,414
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:459,99580,216
Profit and loss account: 20,890 4,098
Shareholders funds: 80,985 84,414

The notes form part of these financial statements

ASHBRAD INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 May 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 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 16 February 2024
and signed on behalf of the board by:

Name: S Ashley
Status: Director

The notes form part of these financial statements

ASHBRAD INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

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:Fixtures & fittings 15% reducing balance basis

Other accounting policies

Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

ASHBRAD INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

ASHBRAD INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 31 May 2022 356,514
Additions 20,221
Revaluations (20,221)
At 31 May 2023 356,514
Depreciation
At 31 May 2022 6,986
Charge for year 1,279
At 31 May 2023 8,265
Net book value
At 31 May 2023 348,249
At 30 May 2022 349,528

ASHBRAD INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Revaluation reserve

2023
£
Balance at 31 May 2022 80,216
Surplus or deficit after revaluation (20,221)
Balance at 31 May 2023 59,995