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REGISTERED NUMBER: 05466290 (England and Wales)















Unaudited Financial Statements For The Year Ended 31st March 2023

for

Aston Shaw Limited

Aston Shaw Limited (Registered number: 05466290)






Contents of the Financial Statements
For The Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Aston Shaw Limited

Company Information
For The Year Ended 31st March 2023







DIRECTORS: Mr S Christophi
Mr L Stratton
Mr A J Hook
Mr D S Overton
Mr G White





REGISTERED OFFICE: The Union Building
51-59 Rose Lane
Norwich
Norfolk
NR1 1BY





REGISTERED NUMBER: 05466290 (England and Wales)






Aston Shaw Limited (Registered number: 05466290)

Balance Sheet
31st March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 1,778,564 1,201,623
Tangible assets 4 918,746 905,700
Investments 5 245,683 245,683
2,942,993 2,353,006

CURRENT ASSETS
Stocks 513,004 872,850
Debtors 6 4,240,302 4,333,439
Cash at bank and in hand 2,174 122,460
4,755,480 5,328,749
CREDITORS
Amounts falling due within one year 7 1,418,376 615,130
NET CURRENT ASSETS 3,337,104 4,713,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,280,097

7,066,625

CREDITORS
Amounts falling due after more than one
year

8

(1,041,708

)

(2,412,228

)

PROVISIONS FOR LIABILITIES (76,185 ) (76,185 )
NET ASSETS 5,162,204 4,578,212

CAPITAL AND RESERVES
Called up share capital 106 106
Retained earnings 5,162,098 4,578,106
SHAREHOLDERS' FUNDS 5,162,204 4,578,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Aston Shaw Limited (Registered number: 05466290)

Balance Sheet - continued
31st March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th March 2024 and were signed on its behalf by:





Mr S Christophi - Director


Aston Shaw Limited (Registered number: 05466290)

Notes to the Financial Statements
For The Year Ended 31st March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Goodwill
Goodwill, being the amount paid in connection with the original acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years. All subsequent acquisitions of goodwill are being amortised over an estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 10% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

Aston Shaw Limited (Registered number: 05466290)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2023

3. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1st April 2022 2,211,867 1,255,451 3,467,318
Additions - 792,586 792,586
At 31st March 2023 2,211,867 2,048,037 4,259,904
AMORTISATION
At 1st April 2022 1,878,010 387,685 2,265,695
Charge for year 104,100 111,545 215,645
At 31st March 2023 1,982,110 499,230 2,481,340
NET BOOK VALUE
At 31st March 2023 229,757 1,548,807 1,778,564
At 31st March 2022 333,857 867,766 1,201,623

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2022 1,202,880
Additions 162,177
At 31st March 2023 1,365,057
DEPRECIATION
At 1st April 2022 297,180
Charge for year 149,131
At 31st March 2023 446,311
NET BOOK VALUE
At 31st March 2023 918,746
At 31st March 2022 905,700

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st April 2022
and 31st March 2023 245,683
NET BOOK VALUE
At 31st March 2023 245,683
At 31st March 2022 245,683

Aston Shaw Limited (Registered number: 05466290)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 2,381,921 2,415,900
Other debtors 1,858,381 1,917,539
4,240,302 4,333,439

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 334,228 287,364
Trade creditors 526,318 129,137
Taxation and social security 557,830 198,629
1,418,376 615,130

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans 292,950 685,511
Other creditors 748,758 1,726,717
1,041,708 2,412,228