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REGISTERED NUMBER: 09717117 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

ASHLANE LIMITED

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHLANE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: D M Mushinkova





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 09717117 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,510 27,751

CURRENT ASSETS
Debtors 5 30,696 6,581

CREDITORS
Amounts falling due within one year 6 126,956 65,935
NET CURRENT LIABILITIES (96,260 ) (59,354 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(70,750

)

(31,603

)

CREDITORS
Amounts falling due after more than one
year

7

11,508

13,508
NET LIABILITIES (82,258 ) (45,111 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (82,358 ) (45,211 )
SHAREHOLDERS' FUNDS (82,258 ) (45,111 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 director and authorised for issue on 29 August 2024 and were signed by:





D M Mushinkova - Director


ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Ashlane 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover includes revenue earned from the rendering of services which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 2,181 55,692 10,334 68,207
Additions - - 3,797 3,797
At 31 August 2023 2,181 55,692 14,131 72,004
DEPRECIATION
At 1 September 2022 900 33,763 5,793 40,456
Charge for year 256 4,386 1,396 6,038
At 31 August 2023 1,156 38,149 7,189 46,494
NET BOOK VALUE
At 31 August 2023 1,025 17,543 6,942 25,510
At 31 August 2022 1,281 21,929 4,541 27,751

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 17,544 3,106
VAT 1,233 -
Prepayments and accrued income 11,919 3,475
30,696 6,581

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts (see note 8) 25,334 26,501
Trade creditors 10,180 5,036
Social security and other taxes 78,894 28,448
Net Wages 2,531 1,816
Pensions - 90
VAT - 1,310
Directors' current accounts 8,217 1,234
Accrued expenses 1,800 1,500
126,956 65,935

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans (see note 8) 11,508 13,508

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.8.23 31.8.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,508 5,508

8. LOANS

An analysis of the maturity of loans is given below:

31.8.23 31.8.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 23,334 24,501
Bank loans 2,000 2,000
25,334 26,501

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,000 2,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 6,000 6,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,508 5,508

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary 1 100 100