REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
for |
Ashworth & Palmer Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
for |
Ashworth & Palmer Limited |
Ashworth & Palmer Limited (Registered number: 08627842) |
Contents of the Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Ashworth & Palmer Limited |
Company Information |
for the Period 1 August 2023 to 31 March 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Ashworth & Palmer Limited (Registered number: 08627842) |
Abridged Balance Sheet |
31 March 2024 |
31.3.24 | 31.7.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Ashworth & Palmer Limited (Registered number: 08627842) |
Abridged Balance Sheet - continued |
31 March 2024 |
The financial statements were approved by the director and authorised for issue on |
Ashworth & Palmer Limited (Registered number: 08627842) |
Notes to the Financial Statements |
for the Period 1 August 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Ashworth & Palmer Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant and machinery | - |
Stocks |
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Ashworth & Palmer Limited (Registered number: 08627842) |
Notes to the Financial Statements - continued |
for the Period 1 August 2023 to 31 March 2024 |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 August 2023 |
and 31 March 2024 |
AMORTISATION |
At 1 August 2023 |
and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 July 2023 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 August 2023 |
Disposals | ( |
) |
At 31 March 2024 |
DEPRECIATION |
At 1 August 2023 |
Eliminated on disposal | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 July 2023 |