2023-04-012024-03-312024-03-31false10181905Aston Oaks Limited2024-09-05iso4217:GBPxbrli:pure101819052023-04-01101819052024-03-31101819052023-04-012024-03-31101819052022-04-01101819052023-03-31101819052022-04-012023-03-3110181905bus:SmallEntities2023-04-012024-03-3110181905bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110181905bus:FullAccounts2023-04-012024-03-3110181905bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110181905core:WithinOneYear2024-03-3110181905core:AfterOneYear2024-03-3110181905core:WithinOneYear2023-03-3110181905core:AfterOneYear2023-03-3110181905core:ShareCapital2024-03-3110181905core:SharePremium2024-03-3110181905core:RevaluationReserve2024-03-3110181905core:OtherReservesSubtotal2024-03-3110181905core:RetainedEarningsAccumulatedLosses2024-03-3110181905core:ShareCapital2023-03-3110181905core:SharePremium2023-03-3110181905core:RevaluationReserve2023-03-3110181905core:OtherReservesSubtotal2023-03-3110181905core:RetainedEarningsAccumulatedLosses2023-03-3110181905core:LandBuildings2024-03-3110181905core:PlantMachinery2024-03-3110181905core:Vehicles2024-03-3110181905core:FurnitureFittings2024-03-3110181905core:OfficeEquipment2024-03-3110181905core:NetGoodwill2024-03-3110181905core:IntangibleAssetsOtherThanGoodwill2024-03-3110181905core:ListedExchangeTraded2024-03-3110181905core:UnlistedNon-exchangeTraded2024-03-3110181905core:LandBuildings2023-03-3110181905core:PlantMachinery2023-03-3110181905core:Vehicles2023-03-3110181905core:FurnitureFittings2023-03-3110181905core:OfficeEquipment2023-03-3110181905core:NetGoodwill2023-03-3110181905core:IntangibleAssetsOtherThanGoodwill2023-03-3110181905core:ListedExchangeTraded2023-03-3110181905core:UnlistedNon-exchangeTraded2023-03-3110181905core:LandBuildings2023-04-012024-03-3110181905core:PlantMachinery2023-04-012024-03-3110181905core:Vehicles2023-04-012024-03-3110181905core:FurnitureFittings2023-04-012024-03-3110181905core:OfficeEquipment2023-04-012024-03-3110181905core:NetGoodwill2023-04-012024-03-3110181905core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110181905core:ListedExchangeTraded2023-04-012024-03-3110181905core:UnlistedNon-exchangeTraded2023-04-012024-03-3110181905core:MoreThanFiveYears2023-04-012024-03-3110181905core:Non-currentFinancialInstruments2024-03-3110181905core:Non-currentFinancialInstruments2023-03-3110181905dpl:CostSales2023-04-012024-03-3110181905dpl:DistributionCosts2023-04-012024-03-3110181905core:LandBuildings2023-04-012024-03-3110181905core:PlantMachinery2023-04-012024-03-3110181905core:Vehicles2023-04-012024-03-3110181905core:FurnitureFittings2023-04-012024-03-3110181905core:OfficeEquipment2023-04-012024-03-3110181905dpl:AdministrativeExpenses2023-04-012024-03-3110181905core:NetGoodwill2023-04-012024-03-3110181905core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110181905dpl:GroupUndertakings2023-04-012024-03-3110181905dpl:ParticipatingInterests2023-04-012024-03-3110181905dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110181905core:ListedExchangeTraded2023-04-012024-03-3110181905dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110181905core:UnlistedNon-exchangeTraded2023-04-012024-03-3110181905dpl:CostSales2022-04-012023-03-3110181905dpl:DistributionCosts2022-04-012023-03-3110181905core:LandBuildings2022-04-012023-03-3110181905core:PlantMachinery2022-04-012023-03-3110181905core:Vehicles2022-04-012023-03-3110181905core:FurnitureFittings2022-04-012023-03-3110181905core:OfficeEquipment2022-04-012023-03-3110181905dpl:AdministrativeExpenses2022-04-012023-03-3110181905core:NetGoodwill2022-04-012023-03-3110181905core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110181905dpl:GroupUndertakings2022-04-012023-03-3110181905dpl:ParticipatingInterests2022-04-012023-03-3110181905dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110181905core:ListedExchangeTraded2022-04-012023-03-3110181905dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110181905core:UnlistedNon-exchangeTraded2022-04-012023-03-3110181905core:NetGoodwill2024-03-3110181905core:IntangibleAssetsOtherThanGoodwill2024-03-3110181905core:LandBuildings2024-03-3110181905core:PlantMachinery2024-03-3110181905core:Vehicles2024-03-3110181905core:FurnitureFittings2024-03-3110181905core:OfficeEquipment2024-03-3110181905core:AfterOneYear2024-03-3110181905core:WithinOneYear2024-03-3110181905core:ListedExchangeTraded2024-03-3110181905core:UnlistedNon-exchangeTraded2024-03-3110181905core:ShareCapital2024-03-3110181905core:SharePremium2024-03-3110181905core:RevaluationReserve2024-03-3110181905core:OtherReservesSubtotal2024-03-3110181905core:RetainedEarningsAccumulatedLosses2024-03-3110181905core:NetGoodwill2023-03-3110181905core:IntangibleAssetsOtherThanGoodwill2023-03-3110181905core:LandBuildings2023-03-3110181905core:PlantMachinery2023-03-3110181905core:Vehicles2023-03-3110181905core:FurnitureFittings2023-03-3110181905core:OfficeEquipment2023-03-3110181905core:AfterOneYear2023-03-3110181905core:WithinOneYear2023-03-3110181905core:ListedExch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Aston Oaks Limited

Registered Number
10181905
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Aston Oaks Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Alice Greaves
Jennifer L Robertson
Ian G Greaves

Company Secretary

Jennifer L Robertson

Registered Address

The Kipsie 6
Hardwick Road
Sutton Coldfield
B74 3BU

Registered Number

10181905 (England and Wales)
Aston Oaks Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets35,3168,101
5,3168,101
Current assets
Debtors453,877112,168
Cash at bank and on hand314,979387,823
368,856499,991
Creditors amounts falling due within one year5(5,571)(74,654)
Net current assets (liabilities)363,285425,337
Total assets less current liabilities368,601433,438
Provisions for liabilities6(1,010)(1,539)
Net assets367,591431,899
Capital and reserves
Called up share capital100100
Profit and loss account367,491431,799
Shareholders' funds367,591431,899
The financial statements were approved and authorised for issue by the Board of Directors on 5 September 2024, and are signed on its behalf by:
Ian G Greaves
Director
Registered Company No. 10181905
Aston Oaks Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services 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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Office Equipment33
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 April 2312,2534,52416,777
Additions-739739
At 31 March 2412,2535,26317,516
Depreciation and impairment
At 01 April 234,5514,1258,676
Charge for year3,0324923,524
At 31 March 247,5834,61712,200
Net book value
At 31 March 244,6706465,316
At 31 March 237,7023998,101
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables38,25231,301
Amounts owed by associates and joint ventures / participating interests-80,867
Other debtors15,625-
Total53,877112,168
5.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties3,57137,267
Taxation and social security-35,887
Accrued liabilities and deferred income2,0001,500
Total5,57174,654
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1,0101,539
Total1,0101,539
7.Related party transactions
At the year end, the Company was owed £NIL (2023: £76,519) by a shareholder in the Company. The loan is unsecured and attracted interest at 2.25% The Loan was repaid in full during the year. The Company was owed £NIL (2023: £4,348) by an LLP, in which a director of the Company is a member. The loan is unsecured, attracting interest at 10.5%. The loan was repaid in the year. At the year end, the Company owed a Director £3,571 (2023 - £37,267). This is repayable upon demand and is unsecured with no interest being charged.