2023-02-01 NI693493 2024-01-31 NI693493 2023-02-01 2024-01-31 NI693493 uk-core:WithinOneYear 2024-01-31 NI693493 uk-core:ShareCapital 2024-01-31 NI693493 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI693493 uk-bus:Director1 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure NI693493 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 NI693493 uk-bus:FRS102 2023-02-01 2024-01-31 NI693493 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 NI693493 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
ASI Contracts Limited
Registered Number:NI693493
For the year ended 31 January 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 January 2024
ASI Contracts Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI693493
As at 31 January 2024
ASI Contracts Limited
Statement of Financial Position
£
2024
Notes
Current assets
Inventories
1,870
2
Trade and other receivables
2,844
3
Cash and cash equivalents
30,925
35,639
Trade and other payables: amounts falling due within one
year
(16,329)
4
19,310
Net current assets
Total assets less current liabilities
19,310
19,310
Net assets/liabilities
Capital and reserves
Called up share capital
1
Retained earnings
19,309
19,310
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Richard Lawson Director
These financial statements were approved and authorised for issue by the Board on 20 May 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
ASI Contracts Limited
Notes to the Financial Statements
Statutory Information
ASI Contracts Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI693493.
Registered address:
115 Redrock Road
Collone
Armagh
BT60 2BN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Inventories
2024
£
Stocks
1,870
3. Trade and other receivables
2024
£
Trade debtors
234
Other debtors
2,610
2,844
2 of 3
5
For the year ended 31 January 2024
ASI Contracts Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2024
£
Trade creditors
8,400
Taxation and social security
4,529
Other creditors
3,400
16,329
5. Average number of persons employed
During the year the average number of employees was 0
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