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REGISTERED NUMBER: 13043755 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ASH COUNTRY HOMES LTD

ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASH COUNTRY HOMES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr T W Shaw
Mr R Lister





REGISTERED OFFICE: 15 Canterbury Drive
Washingborough
LINCOLN
Lincolnshire
LN4 1SJ





REGISTERED NUMBER: 13043755 (England and Wales)





ACCOUNTANTS: Rigel Wolf Ltd
Orion House
28A Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ

ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,166 36,484

CURRENT ASSETS
Stocks 1,344,980 1,145,917
Debtors 5 96,273 33,023
Cash at bank 105,759 857,543
1,547,012 2,036,483
CREDITORS
Amounts falling due within one year 6 1,211,536 1,835,403
NET CURRENT ASSETS 335,476 201,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,642

237,564

PROVISIONS FOR LIABILITIES 7 7,291 6,932
NET ASSETS 357,351 230,632

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 357,251 230,532
SHAREHOLDERS' FUNDS 357,351 230,632

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

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

ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)

BALANCE SHEET - continued
30 NOVEMBER 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 22 April 2024 and were signed on its behalf by:




Mr R Lister - Director



Mr T W Shaw - Director


ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

ASH Country Homes Ltd 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.
Plant and machinery - 20% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 49,549 554 50,103
DEPRECIATION
At 1 December 2022 13,480 139 13,619
Charge for year 7,214 104 7,318
At 30 November 2023 20,694 243 20,937
NET BOOK VALUE
At 30 November 2023 28,855 311 29,166
At 30 November 2022 36,069 415 36,484

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
VAT 92,938 30,838
Prepayments and accrued income 3,335 2,185
96,273 33,023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 27,880 21,844
Corporation tax 40,143 47,418
Social security and other taxes 3,180 3,333
Other creditors 437,586 668,971
Directors' current accounts 701,607 1,092,936
Accruals and deferred income 1,140 901
1,211,536 1,835,403

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 7,291 6,932

ASH COUNTRY HOMES LTD (REGISTERED NUMBER: 13043755)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 6,932
Change in tax rate 2,189
Accelerated capital allowances (1,830 )
Balance at 30 November 2023 7,291

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 December 2022 230,532
Profit for the year 126,719
At 30 November 2023 357,251

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors charged the company £624 (2022 - £624) for use of home as office.

11. RELATED PARTY DISCLOSURES

At 30 November 2023 there was a balance owing by the company to the directors of:-
Mr R Lister - £67,023 (2022 - £414,268)
Mr T Shaw - £634,584 (2022 - £678,668)

This balance has been shown in Creditors.

Also included in Creditors is a balance of £431,929 (2022 - £431,929) due to Listers Building Contractors (Lincoln) Ltd. This company is owned and controlled by Mr R Lister - director of ASH Country Homes Ltd - and his wife.

Also included in Creditors is a balance of £NIL (2022 - £230,000) due to T & C Shaw Ltd. This company is owned and controlled by Mr T Shaw - director of ASH Country Homes Ltd - and his wife.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors, Mr T W Shaw and Mr R Lister.