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Company Registration No. 03100266 (England and Wales)
Asher & Co Limited Unaudited accounts for the year ended 31 December 2023
Asher & Co Limited Unaudited accounts Contents
Page
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Asher & Co Limited Company Information for the year ended 31 December 2023
Director
W Newmark
Company Number
03100266 (England and Wales)
Registered Office
Artemis House 4a Bramley Road Bletchley Milton Keynes MK1 1PT United Kingdom
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Asher & Co Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1 
1 
Investments
200,023 
660,023 
200,024 
660,024 
Current assets
Debtors
41,895 
- 
Cash at bank and in hand
572,901 
237,520 
614,796 
237,520 
Creditors: amounts falling due within one year
(693,940)
(759,125)
Net current liabilities
(79,144)
(521,605)
Net assets
120,880 
138,419 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
120,878 
138,417 
Shareholders' funds
120,880 
138,419 
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 director acknowledges his 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 and authorised for issue on 13 September 2024 and were signed on its behalf by
W Newmark Director Company Registration No. 03100266
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Asher & Co Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Asher & Co Limited is a private company, limited by shares, registered in England and Wales, registration number 03100266. The registered office is Artemis House, 4a Bramley Road, Bletchley, Milton Keynes, MK1 1PT, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,478 
At 31 December 2023
1,478 
Depreciation
At 1 January 2023
1,477 
At 31 December 2023
1,477 
Net book value
At 31 December 2023
1 
At 31 December 2022
1 
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
660,023 
Disposals
(460,000)
Valuation at 31 December 2023
200,023 
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Asher & Co Limited Notes to the Accounts for the year ended 31 December 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
41,895 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
602 
602 
Amounts owed to group undertakings and other participating interests
692,502 
692,502 
Taxes and social security
- 
16,655 
Other creditors
836 
49,366 
693,940 
759,125 
8
Transactions with related parties
In note 6 other debtors relates to £41,895 owed by the director to the company at the year end.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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