Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01falseNo description of principal activity1113truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. NI038064 2023-04-01 2024-03-31 NI038064 2022-04-01 2023-03-31 NI038064 2024-03-31 NI038064 2023-03-31 NI038064 c:Director2 2023-04-01 2024-03-31 NI038064 d:Buildings 2023-04-01 2024-03-31 NI038064 d:Buildings 2024-03-31 NI038064 d:Buildings 2023-03-31 NI038064 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI038064 d:PlantMachinery 2023-04-01 2024-03-31 NI038064 d:PlantMachinery 2024-03-31 NI038064 d:PlantMachinery 2023-03-31 NI038064 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI038064 d:MotorVehicles 2023-04-01 2024-03-31 NI038064 d:MotorVehicles 2024-03-31 NI038064 d:MotorVehicles 2023-03-31 NI038064 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI038064 d:FurnitureFittings 2023-04-01 2024-03-31 NI038064 d:FurnitureFittings 2024-03-31 NI038064 d:FurnitureFittings 2023-03-31 NI038064 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI038064 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 NI038064 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 NI038064 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 NI038064 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 NI038064 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 NI038064 d:ShareCapital 2024-03-31 NI038064 d:ShareCapital 2023-03-31 NI038064 d:SharePremium 2024-03-31 NI038064 d:SharePremium 2023-03-31 NI038064 d:RetainedEarningsAccumulatedLosses 2024-03-31 NI038064 d:RetainedEarningsAccumulatedLosses 2023-03-31 NI038064 c:FRS102 2023-04-01 2024-03-31 NI038064 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI038064 c:FullAccounts 2023-04-01 2024-03-31 NI038064 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI038064 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 NI038064 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 NI038064 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: NI038064









ASHLEIGH (N.I.) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ASHLEIGH (N.I.) LIMITED
REGISTERED NUMBER: NI038064

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
779,747
829,365

  
779,747
829,365

Current assets
  

Debtors
  
701,537
328,907

Cash at bank and in hand
  
770,980
887,111

  
1,472,517
1,216,018

Creditors: amounts falling due within one year
  
(274,007)
(227,115)

Net current assets
  
 
 
1,198,510
 
 
988,903

Total assets less current liabilities
  
1,978,257
1,818,268

Creditors: amounts falling due after more than one year
  
(88,572)
(147,449)

Provisions for liabilities
  

Deferred tax
 4 
(82,052)
(58,780)

  
 
 
(82,052)
 
 
(58,780)

Net assets
  
1,807,633
1,612,039


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Share premium account
  
18,000
18,000

Profit and loss account
  
1,779,633
1,584,039

  
1,807,633
1,612,039


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Page 1

 
ASHLEIGH (N.I.) LIMITED
REGISTERED NUMBER: NI038064
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 August 2024.




P Conacher
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ASHLEIGH (N.I.) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
1.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ASHLEIGH (N.I.) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)

 
1.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
ASHLEIGH (N.I.) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)


1.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
4% straight line
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

Ashleigh (N.I.) Limited is a private company limited by shares, domiciled in Northern Ireland, registration number NI038064. The registered office is 30c Ballygelagh Road, Kircubbin, Co Down, BT22 1AE. 

Page 5

 
ASHLEIGH (N.I.) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
185,836
4,688,555
254,811
21,964
5,151,166


Additions
-
124,348
14,850
-
139,198


Disposals
-
(449,581)
(27,450)
(3,015)
(480,046)



At 31 March 2024

185,836
4,363,322
242,211
18,949
4,810,318



Depreciation


At 1 April 2023
13,912
4,116,370
174,615
16,904
4,321,801


Charge for the year on owned assets
734
153,943
21,129
1,256
177,062


Disposals
-
(439,743)
(25,578)
(2,971)
(468,292)



At 31 March 2024

14,646
3,830,570
170,166
15,189
4,030,571



Net book value



At 31 March 2024
171,190
532,752
72,045
3,760
779,747



At 31 March 2023
171,924
572,185
80,196
5,060
829,365


4.


Deferred taxation




2024


£






At beginning of year
(58,780)


Charged to the profit or loss
(23,272)



At end of year
(82,052)

Page 6

 
ASHLEIGH (N.I.) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
 
4.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(82,052)
(58,780)

(82,052)
(58,780)

 
Page 7