Ashmore Services (Newbury) Limited 04333286 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is building and construction work. Digita Accounts Production Advanced 6.30.9574.0 true true 04333286 2023-01-01 2023-12-31 04333286 2023-12-31 04333286 core:CurrentFinancialInstruments 2023-12-31 04333286 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04333286 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 04333286 core:MotorVehicles 2023-12-31 04333286 core:OfficeEquipment 2023-12-31 04333286 core:PlantMachinery 2023-12-31 04333286 bus:SmallEntities 2023-01-01 2023-12-31 04333286 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04333286 bus:FilletedAccounts 2023-01-01 2023-12-31 04333286 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04333286 bus:RegisteredOffice 2023-01-01 2023-12-31 04333286 bus:Director1 2023-01-01 2023-12-31 04333286 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04333286 core:MotorVehicles 2023-01-01 2023-12-31 04333286 core:OfficeEquipment 2023-01-01 2023-12-31 04333286 core:PlantMachinery 2023-01-01 2023-12-31 04333286 countries:EnglandWales 2023-01-01 2023-12-31 04333286 2022-12-31 04333286 core:MotorVehicles 2022-12-31 04333286 core:OfficeEquipment 2022-12-31 04333286 core:PlantMachinery 2022-12-31 04333286 2022-01-01 2022-12-31 04333286 2022-12-31 04333286 core:CurrentFinancialInstruments 2022-12-31 04333286 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 04333286 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 04333286 core:MotorVehicles 2022-12-31 04333286 core:OfficeEquipment 2022-12-31 04333286 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 04333286

Ashmore Services (Newbury) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Ashmore Services (Newbury) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Ashmore Services (Newbury) Limited

(Registration number: 04333286)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

390

614

Current assets

 

Stocks

5

217

120

Debtors

6

4,770

3,292

Cash at bank and in hand

 

4

3

 

4,991

3,415

Creditors: Amounts falling due within one year

7

(51,972)

(56,051)

Net current liabilities

 

(46,981)

(52,636)

Total assets less current liabilities

 

(46,591)

(52,022)

Creditors: Amounts falling due after more than one year

7

(6,011)

(9,965)

Net liabilities

 

(52,602)

(61,987)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(52,702)

(62,087)

Shareholders' deficit

 

(52,602)

(61,987)

 

Ashmore Services (Newbury) Limited

(Registration number: 04333286)
Balance Sheet as at 31 December 2023

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 September 2024
 

.........................................
Mr Stewart Luker
Director

 

Ashmore Services (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis on the basis that the director has agreed to support the company financially.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of building and construction services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Ashmore Services (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% straight line basis

Plant and machinery

20% straight line basis

Motor vehicles

25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for building and construction services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

 

Ashmore Services (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Tangible assets

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 January 2023

9,429

4,899

10,250

24,578

Disposals

-

(4,279)

-

(4,279)

At 31 December 2023

9,429

620

10,250

20,299

Depreciation

At 1 January 2023

8,911

4,803

10,250

23,964

Charge for the year

133

91

-

224

Eliminated on disposal

-

(4,279)

-

(4,279)

At 31 December 2023

9,044

615

10,250

19,909

Carrying amount

At 31 December 2023

385

5

-

390

At 31 December 2022

518

96

-

614

5

Stocks

2023
£

2022
£

Other inventories

217

120

6

Debtors

2023
£

2022
£

Trade debtors

4,770

2,824

Other debtors

-

468

4,770

3,292

 

Ashmore Services (Newbury) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

25,933

27,564

Trade creditors

 

2,418

3,121

Taxation and social security

 

110

329

Other creditors

 

23,511

25,037

 

51,972

56,051

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

6,011

9,965