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REGISTERED NUMBER: 00244723 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

ASHBROOKS (HOUSE FURNISHERS) LIMITED

ASHBROOKS (HOUSE FURNISHERS) LIMITED (REGISTERED NUMBER: 00244723)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ASHBROOKS (HOUSE FURNISHERS) LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: G D Ashbrook
C J O'Brien
Mrs J S O'Brien
Mrs H Sherlock





REGISTERED OFFICE: 14-20 Washway Road
Sale
Cheshire
M33 7QY





REGISTERED NUMBER: 00244723 (England and Wales)





ACCOUNTANTS: Moss & Williamson Limited
Chartered Accountants
Booth Street Chambers
Ashton-under-Lyne
Lancashire
OL6 7LQ

ASHBROOKS (HOUSE FURNISHERS) LIMITED (REGISTERED NUMBER: 00244723)

ABRIDGED BALANCE SHEET
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,827 103,816
Investments 5 288,964 289,610
386,791 393,426

CURRENT ASSETS
Stocks 105,671 95,866
Debtors 138,620 177,858
Cash at bank 41,614 53,708
285,905 327,432
CREDITORS
Amounts falling due within one year 113,643 151,861
NET CURRENT ASSETS 172,262 175,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

559,053

568,997

CAPITAL AND RESERVES
Called up share capital 15,220 15,220
Share premium 1,000 1,000
Capital redemption reserve 16,030 16,030
Retained earnings 526,803 536,747
SHAREHOLDERS' FUNDS 559,053 568,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

ASHBROOKS (HOUSE FURNISHERS) LIMITED (REGISTERED NUMBER: 00244723)

ABRIDGED BALANCE SHEET - continued
30 June 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 March 2024 and were signed on its behalf by:





G D Ashbrook - Director


ASHBROOKS (HOUSE FURNISHERS) LIMITED (REGISTERED NUMBER: 00244723)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Ashbrooks (House Furnishers) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on reducing balance
Office equipment - 33% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

ASHBROOKS (HOUSE FURNISHERS) LIMITED (REGISTERED NUMBER: 00244723)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022
and 30 June 2023 364,522
DEPRECIATION
At 1 July 2022 260,706
Charge for year 5,989
At 30 June 2023 266,695
NET BOOK VALUE
At 30 June 2023 97,827
At 30 June 2022 103,816

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 July 2022 289,610
Additions 46,126
Disposals (46,772 )
At 30 June 2023 288,964
NET BOOK VALUE
At 30 June 2023 288,964
At 30 June 2022 289,610