ASHMAX LTD

Company Registration Number:
09803410 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ASHMAX LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

ASHMAX LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 51,961 42,984
Total fixed assets: 51,961 42,984
Current assets
Debtors:   17,448
Cash at bank and in hand: 14,215 73,095
Total current assets: 31,663 73,095
Creditors: amounts falling due within one year:   (21,491) (40,765)
Net current assets (liabilities): 10,172 32,330
Total assets less current liabilities: 62,133 75,314
Provision for liabilities: (265) (2,673)
Total net assets (liabilities): 61,868 72,641
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 61,768 72,541
Shareholders funds: 61,868 72,641

The notes form part of these financial statements

ASHMAX LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2024
and signed on behalf of the board by:

Name: M Millen
Status: Director

The notes form part of these financial statements

ASHMAX LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value of commission due for the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows;Fixtures equipment 25% Straight Line

Other accounting policies

Deferred taxation.Provision is made for deferred taxation to take account of material timing differences between the incidence of income and expenditure for taxation and accounting purposes.

ASHMAX LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

ASHMAX LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 65,926
Additions 32,723
At 31 October 2023 98,649
Depreciation
At 01 November 2022 22,942
Charge for year 23,746
At 31 October 2023 46,688
Net book value
At 31 October 2023 51,961
At 31 October 2022 42,984

ASHMAX LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Loans to directors

Name of director receiving advance or credit: M Millen
Description of the loan: Interest bearing loan for home extention.
£
Balance at 01 November 2022 0
Advances or credits made: 20,000
Advances or credits repaid: 2,552
Balance at 31 October 2023 17,448