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Company Registration No. 13809778 (England and Wales)
ASK INVEST LTD Unaudited accounts for the year ended 31 December 2023
ASK INVEST LTD Unaudited accounts Contents
Page
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ASK INVEST LTD Company Information for the year ended 31 December 2023
Directors
Saispandana Kuncham Satya Kiran Madi
Company Number
13809778 (England and Wales)
Registered Office
13 THE DRIVE PETERBOROUGH PE3 6AJ ENGLAND
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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ASK INVEST LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
112,936 
112,936 
Current assets
Debtors
100 
100 
Cash at bank and in hand
10,975 
6,816 
11,075 
6,916 
Creditors: amounts falling due within one year
(39,699)
(38,667)
Net current liabilities
(28,624)
(31,751)
Total assets less current liabilities
84,312 
81,185 
Creditors: amounts falling due after more than one year
(80,980)
(80,980)
Net assets
3,332 
205 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,232 
105 
Shareholders' funds
3,332 
205 
For the year ending 31 December 2023 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 9 July 2024 and were signed on its behalf by
Satya Kiran Madi Director Company Registration No. 13809778
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ASK INVEST LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ASK INVEST LTD is a private company, limited by shares, registered in England and Wales, registration number 13809778. The registered office is 13 THE DRIVE, PETERBOROUGH, PE3 6AJ, 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 remained unchanged from the previous year, and also 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.
4
Investment property
2023 
£ 
Fair value at 1 January 2023
112,936 
At 31 December 2023
112,936 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
733 
25 
Loans from directors
38,646 
38,342 
Accruals
320 
300 
39,699 
38,667 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
80,980 
80,980 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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