IRIS Accounts Production v23.4.0.336 NI018070 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0180702022-03-31NI0180702023-03-31NI0180702022-04-012023-03-31NI0180702021-03-31NI0180702021-04-012022-03-31NI0180702022-03-31NI018070ns15:NorthernIreland2022-04-012023-03-31NI018070ns14:PoundSterling2022-04-012023-03-31NI018070ns10:Director12022-04-012023-03-31NI018070ns10:PrivateLimitedCompanyLtd2022-04-012023-03-31NI018070ns10:SmallEntities2022-04-012023-03-31NI018070ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-31NI018070ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-31NI018070ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-31NI018070ns10:FullAccounts2022-04-012023-03-31NI018070ns10:Director22022-04-012023-03-31NI018070ns10:CompanySecretary12022-04-012023-03-31NI018070ns10:RegisteredOffice2022-04-012023-03-31NI018070ns5:CurrentFinancialInstruments2023-03-31NI018070ns5:CurrentFinancialInstruments2022-03-31NI018070ns5:ShareCapital2023-03-31NI018070ns5:ShareCapital2022-03-31NI018070ns5:CapitalRedemptionReserve2023-03-31NI018070ns5:CapitalRedemptionReserve2022-03-31NI018070ns5:RetainedEarningsAccumulatedLosses2023-03-31NI018070ns5:RetainedEarningsAccumulatedLosses2022-03-31NI018070ns5:LandBuildings2022-03-31NI018070ns5:PlantMachinery2022-03-31NI018070ns5:LandBuildings2022-04-012023-03-31NI018070ns5:PlantMachinery2022-04-012023-03-31NI018070ns5:LandBuildings2023-03-31NI018070ns5:PlantMachinery2023-03-31NI018070ns5:LandBuildings2022-03-31NI018070ns5:PlantMachinery2022-03-31NI018070ns5:CostValuation2022-03-31NI018070ns5:AdditionsToInvestments2023-03-31NI018070ns5:DisposalsRepaymentsInvestments2023-03-31NI018070ns5:RevaluationsIncreaseDecreaseInInvestments2023-03-31NI018070ns5:CostValuation2023-03-31NI018070ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31NI018070ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: NI018070 (Northern Ireland)














Unaudited Financial Statements

for the Year Ended 31st March 2023

for

ASHWOOD AGENCIES LIMITED

ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

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


ASHWOOD AGENCIES LIMITED

Company Information
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Noel Charles Stone
Anni-Lone Thirstrup Stone





SECRETARY: Noel Charles Stone





REGISTERED OFFICE: Suite 2b Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH





REGISTERED NUMBER: NI018070 (Northern Ireland)





ACCOUNTANTS: M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

Balance Sheet
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,714 77,816
Investments 5 304,814 306,118
379,528 383,934

CURRENT ASSETS
Stocks - 14,697
Debtors 6 10,720 64,237
Cash at bank and in hand 84,812 87,173
95,532 166,107
CREDITORS
Amounts falling due within one year 7 345,550 370,272
NET CURRENT LIABILITIES (250,018 ) (204,165 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,510

179,769

PROVISIONS FOR LIABILITIES 614 614
NET ASSETS 128,896 179,155

CAPITAL AND RESERVES
Called up share capital 710 710
Capital redemption reserve 290 290
Retained earnings 127,896 178,155
SHAREHOLDERS' FUNDS 128,896 179,155

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.

ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

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 2nd November 2023 and were signed on its behalf by:





Noel Charles Stone - Director


ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

Notes to the Financial Statements
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Ashwood Agencies Limited is a private company, limited by shares , registered in Northern Ireland. 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 as modified by the revaluation of certain assets.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Fixed assets
All fixed assets are recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - 2% Straight line
Plant & Machinery - 20% Reducing balance
Fixtures & Fittings - 15% 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.

ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31ST MARCH 2023


2. ACCOUNTING POLICIES - continued

Pension costs
The company operates a defined contribution pension scheme for directors. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Fixed asset investments
Fixed asset investments are included at fair value and any gains or losses on revaluation are recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2022
and 31st March 2023 127,600 90,152 217,752
DEPRECIATION
At 1st April 2022 53,014 86,922 139,936
Charge for year 2,552 550 3,102
At 31st March 2023 55,566 87,472 143,038
NET BOOK VALUE
At 31st March 2023 72,034 2,680 74,714
At 31st March 2022 74,586 3,230 77,816

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2022 306,118
Additions 128,571
Disposals (113,480 )
Share of profit/(loss) (10,000 )
Revaluations (6,395 )
At 31st March 2023 304,814
NET BOOK VALUE
At 31st March 2023 304,814
At 31st March 2022 306,118

ASHWOOD AGENCIES LIMITED (REGISTERED NUMBER: NI018070)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31ST MARCH 2023


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31st March 2023 is represented by:

Other
investments
£   
Valuation in 2022 306,119
Valuation in 2023 (1,305 )
304,814

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 64,237
Other debtors 10,720 -
10,720 64,237

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 94,315 78,676
Tax - 9,520
VAT - 424
Other creditors 103,633 103,633
Directors' current accounts 126,886 171,886
Accruals and deferred income 20,716 6,133
345,550 370,272

8. RELATED PARTY DISCLOSURES

Mr and Mrs Noel Stone control the company by virtue of ownership of the entire issued share capital of the company.