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REGISTERED NUMBER: 04292308 (England and Wales)











ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: L S Neilson
A G Doyle
N C S Robson
D J Winch





SECRETARY: A G Doyle





REGISTERED OFFICE: 1 Quay Point
Station Road
Woodbridge
Suffolk
IP12 4AL





REGISTERED NUMBER: 04292308 (England and Wales)





AUDITORS: Berringers LLP
Chartered Accountants
and Statutory Auditors
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,392,500 2,465,000

CURRENT ASSETS
Debtors 5 192,673 192,673
Cash at bank 15,355 86,099
208,028 278,772
CREDITORS
Amounts falling due within one year 6 100,860 166,721
NET CURRENT ASSETS 107,168 112,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,499,668

2,577,051

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 8 2,498,668 2,576,051
SHAREHOLDERS' FUNDS 2,499,668 2,577,051

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 Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





D J Winch - Director


ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Ash Corporate Finance (Maidstone) 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 as modified by the revaluation of certain assets.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the
amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period.

Going concern
The Directors have considered the current economic and financial situation against the Company's activities, income and expenditure and have concluded that the current risks to the Company are not significant and that no additional provisions need to be made. It is the Directors' opinion that the Company will be a going concern for the foreseeable future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Over the remaining period of the lease
Plant and machinery - 25% on cost

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.

ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measures 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.

Cash and cash equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are shown within borrowings in current liabilities.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Long Plant and
leasehold machinery Totals
£    £    £   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 3,730,553 321,549 4,052,102
DEPRECIATION
At 1 April 2023 1,265,553 321,549 1,587,102
Charge for year 72,500 - 72,500
At 31 March 2024 1,338,053 321,549 1,659,602
NET BOOK VALUE
At 31 March 2024 2,392,500 - 2,392,500
At 31 March 2023 2,465,000 - 2,465,000

Cost or valuation at 31 March 2024 is represented by:

Long Plant and
leasehold machinery Totals
£    £    £   
Valuation in 2023 3,730,553 - 3,730,553
Cost - 321,549 321,549
3,730,553 321,549 4,052,102

ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

If Land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,206,922 2,206,922
Aggregate depreciation 923,268 879,130

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 192,673 192,673

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation - 52,150
VAT 4,520 25,731
Other creditors 96,340 88,840
100,860 166,721

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary 1 1,000 1,000

8. RESERVES

Revaluation
Reserve
At 1 April 2023974,647
Transfer of depreciation on leasehold property(28,362)

At 31 March 2024946,285

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the auditors was unqualified.

Ricky Hutson BSc FCCA ACA (Senior Statutory Auditor)
for and on behalf of Berringers LLP

ASH CORPORATE FINANCE
(MAIDSTONE) LIMITED (REGISTERED NUMBER: 04292308)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

10. RELATED PARTY DISCLOSURES

Included in other debtors are amounts loaned by the company to connected companies of £13,307 (2023- £13,307) to Ash Corporate Finance Ltd, £110,616 (2023-£110,616) to Winro Ltd, and £67,750 (2023-£67,750) to Land Property Holdings Ltd.

Included in other creditors is an amount of £24,092 (2023-£24,0925) owing to The Land Group Investments Limited and £20,000 (2023-£20,000) to Ash Corporate Finance Suffolk Limited. both connected companies.

During the year the company paid management charges of £14,512 (2023-£12,935) to The Land Group Investments Limited, a connected company.