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Company Registration No. 14797000 (England and Wales)
ASI Renovations Ltd Unaudited accounts for the period from 12 April 2023 to 31 March 2024
ASI Renovations Ltd Unaudited accounts Contents
Page
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ASI Renovations Ltd Company Information for the period from 12 April 2023 to 31 March 2024
Directors
Mr Clive Millgate Mrs Sadie Millgate
Company Number
14797000 (England and Wales)
Registered Office
273 Queens Road Maidstone Kent ME16 0LB England
Accountants
ASTON STEELE Aston House Cotchford Hill, Hartfield Sussex TN7 4HA
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ASI Renovations Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Inventories
460,000 
Debtors
11,000 
Cash at bank and in hand
725 
471,725 
Creditors: amounts falling due within one year
(710,853)
Net current liabilities
(239,128)
Net liabilities
(239,128)
Capital and reserves
Called up share capital
1,000 
Profit and loss account
(240,128)
Shareholders' funds
(239,128)
For the period ending 31 March 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by
Mr Clive Millgate Director Company Registration No. 14797000
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ASI Renovations Ltd Notes to the Accounts for the period from 12 April 2023 to 31 March 2024
1
Statutory information
ASI Renovations Ltd is a private company, limited by shares, registered in England and Wales, registration number 14797000. The registered office is 273 Queens Road, Maidstone, Kent, ME16 0LB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Going concern
The Financial Statements have been prepared on a going concern basis due to the continued support from the Directors
4
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
11,000 
5
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
494,313 
Loans from directors
216,540 
710,853 
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
7
Average number of employees
During the period the average number of employees was 2.
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