1 April 2023 v2024.35.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsexbrli:purexbrli:sharesiso4217:GBP020147512023-04-012024-03-31020147512024-03-3102014751bus:Director12023-04-012024-03-3102014751bus:Director22023-04-012024-03-3102014751bus:Director22024-03-3102014751bus:Director32023-04-012024-03-3102014751bus:Director32024-03-3102014751bus:Director42023-04-012024-03-3102014751bus:Director42024-03-3102014751bus:Director52023-04-012024-03-3102014751bus:Director62023-04-012024-03-3102014751bus:Director72023-04-012024-03-3102014751bus:Director72024-03-3102014751bus:Director82023-04-012024-03-3102014751bus:Director82024-03-3102014751bus:Director92023-04-012024-03-3102014751bus:Director92024-03-3102014751bus:CompanySecretary12023-04-012024-03-3102014751bus:RegisteredOffice2023-04-012024-03-31020147512021-11-012023-03-31020147512023-03-3102014751core:WithinOneYear2024-03-3102014751core:WithinOneYear2023-03-3102014751core:ShareCapital2024-03-3102014751core:ShareCapital2023-03-3102014751core:OtherReservesSubtotal2024-03-3102014751core:OtherReservesSubtotal2023-03-3102014751core:RetainedEarningsAccumulatedLosses2024-03-3102014751core:RetainedEarningsAccumulatedLosses2023-03-3102014751core:LandBuildings2023-04-012024-03-3102014751core:LandBuildings2023-04-0102014751core:LandBuildings2024-03-3102014751core:LandBuildings2023-03-310201475112023-04-012024-03-3102014751countries:EnglandWales2023-04-012024-03-3102014751bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3102014751bus:PrivateLimitedCompanyLtd2023-04-012024-03-3102014751bus:SmallEntities2023-04-012024-03-3102014751bus:FullAccounts2023-04-012024-03-31
Company registration number:
02014751
Ashday (1986) Limited
Unaudited Financial Statements for the year ended
31 March 2024
Ashday (1986) Limited
Officers and Professional Advisers
Year ended
31 March 2024
Directors
J Parkinson
K Phillips
(appointed
21 January 2024
)
D Pickavance
(appointed
9 December 2023
)
D Stafford
(appointed
1 October 2023
)
A Wallace
I Wallace
K Baker
(resigned
1 October 2023
)
S Davies
(resigned
21 January 2024
)
C Edwards
(resigned
2 December 2023
)
Company secretary
Ian Patrick Wallace
Registered office
500 Elland Road
Elland
West Yorkshire
HX5 9JB
Accountant
AR Consultancy & Co. (Accountants) Ltd
Martin House
2 Martin Street
Brighouse
West Yorkshire
HD6 1DA
United Kingdom
Ashday (1986) Limited
Directors' Report
Year ended
31 March 2024
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 March 2024.

Directors

The directors who served the company during the year were as follows:
J Parkinson
K Phillips
(appointed
21 January 2024
)
D Pickavance
(appointed
9 December 2023
)
D Stafford
(appointed
1 October 2023
)
A Wallace
I Wallace
K Baker
(resigned
1 October 2023
)
S Davies
(resigned
21 January 2024
)
C Edwards
(resigned
2 December 2023
)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
22 July 2024
and signed on behalf of the board by:
A Wallace
J Parkinson
K Phillips
DirectorDirectorDirector
D Pickavance
D Stafford
Ian Patrick Wallace
DirectorDirectorCompany secretary
Ashday (1986) Limited
Income Statement
Year ended
31 March 2024
Year to 31 Mar 2024Period from 1 Nov 2021 to 31 Mar 2023
££
Turnover
119,144
 
177,724
 
Cost of sales
(4,805
) (6,614 )
Gross profit
114,339
 
171,110
 
Administrative expenses
(101,877
)
(116,362
)
Other operating income
2,937
 
4,141
 
Operating profit
15,399
 
58,889
 
Profit before tax
15,399
 
58,889
 
Tax on profit -   -  
Profit for the financial year
15,399
 
58,889
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Ashday (1986) Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 6
214,342
 
200,053
 
Current assets    
Stocks
4,425
 
4,847
 
Debtors 7
7,280
 
8,481
 
Cash at bank and in hand
57,502
 
56,142
 
69,207
 
69,470
 
Creditors: amounts falling due within one year 8
(39,858
)
(41,541
)
Net current assets
29,349
 
27,929
 
Total assets less current liabilities 243,691   227,982  
Capital and reserves    
Called up share capital
2,260
 
15,774
 
Other reserves
7,763
 
(6,061
)
Profit and loss account
233,668
 
218,269
 
Shareholders funds
243,691
 
227,982
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
22 July 2024
, and are signed on behalf of the board by:
A Wallace
Director
Company registration number:
02014751
Ashday (1986) Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
500 Elland Road
,
Elland
,
West Yorkshire
,
HX5 9JB
, .

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
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:
Land and buildings
Straight line over 20 years

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Exceptional items

Year to 31 Mar 2024Period from 1 Nov 2021 to 31 Mar 2023
££
Capital Redemption Reserves (7,792 ) 6,032  
Called Up Share Capital (2,260 ) (15,774 )
(10,052 ) (9,742 )

6 Tangible assets

Land and buildings
£
Cost  
At
1 April 2023
436,279
 
Additions
36,956
 
At
31 March 2024
473,235
 
Depreciation  
At
1 April 2023
236,226
 
Charge
22,667
 
At
31 March 2024
258,893
 
Carrying amount  
At
31 March 2024
214,342
 
At 31 March 2023
200,053
 

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
Land and buildingsLand and buildings
20242023
££
Aggregate historical cost 473,236   436,280  
Aggregate depreciation (258,894 ) (236,226 )
Carrying amount 214,342   200,054  

7 Debtors

20242023
££
Other debtors
7,280
 
8,481
 

8 Creditors: amounts falling due within one year

20242023
££
Trade creditors
2,160
 
295
 
Other creditors
37,698
 
41,246
 
39,858
 
41,541