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REGISTERED NUMBER: 11625627 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ASHDOWN ADVISORS LIMITED

ASHDOWN ADVISORS LIMITED (REGISTERED NUMBER: 11625627)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


ASHDOWN ADVISORS LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: T J Stack
J Stack





REGISTERED OFFICE: 7a Abbey Business Park
Monks Walk
Farnham
Surrey
GU9 8HT





REGISTERED NUMBER: 11625627 (England and Wales)

ASHDOWN ADVISORS LIMITED (REGISTERED NUMBER: 11625627)

ABRIDGED BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 876 1,368
Investments 5 90,962 87,150
91,838 88,518

CURRENT ASSETS
Debtors 4,696 -
Cash at bank 593,427 393,180
598,123 393,180
CREDITORS
Amounts falling due within one year 161,684 57,965
NET CURRENT ASSETS 436,439 335,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

528,277

423,733

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 528,267 423,723
SHAREHOLDERS' FUNDS 528,277 423,733

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

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





T J Stack - Director


ASHDOWN ADVISORS LIMITED (REGISTERED NUMBER: 11625627)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Ashdown Advisors 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of consultancy services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Computer equipment - 15% straight line

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account 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 are charged to the profit and loss in the period to which they relate.

Investments
Investments are included at fair value.

3. EMPLOYEES AND DIRECTORS

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

ASHDOWN ADVISORS LIMITED (REGISTERED NUMBER: 11625627)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 1,403
Additions 1,016
Disposals (1,403 )
At 31 October 2023 1,016
DEPRECIATION
At 1 November 2022 35
Charge for year 158
Eliminated on disposal (53 )
At 31 October 2023 140
NET BOOK VALUE
At 31 October 2023 876
At 31 October 2022 1,368

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 November 2022 87,150
Additions 989
Disposals (455 )
Revaluations 3,278
At 31 October 2023 90,962
NET BOOK VALUE
At 31 October 2023 90,962
At 31 October 2022 87,150

Cost or valuation at 31 October 2023 is represented by:
Totals
£   
Valuation in 2022 (11,314 )
Valuation in 2023 4,797
Cost 97,479
90,962

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 99,015 98,464

Fixed asset investments were valued on an open market basis on 31 October 2023 by St. James's Place .