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Company Registration No. 05058735 (England and Wales)
ASHTA JEWELLERS LIMITED Unaudited accounts for the year ended 31 March 2024
ASHTA JEWELLERS LIMITED Unaudited accounts Contents
Page
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ASHTA JEWELLERS LIMITED Company Information for the year ended 31 March 2024
Director
Jang Bahadur ASHTA
Company Number
05058735 (England and Wales)
Registered Office
86 HIGH STREET SOUTHALL MIDDLESEX UB1 3DB ENGLAND
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ASHTA JEWELLERS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
280,000 
240,000 
Debtors
- 
3,250 
Cash at bank and in hand
22,491 
74,533 
302,491 
317,783 
Creditors: amounts falling due within one year
(151,139)
(168,808)
Net current assets
151,352 
148,975 
Net assets
151,352 
148,975 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
150,352 
147,975 
Shareholders' funds
151,352 
148,975 
For the year ending 31 March 2024 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 8 October 2024 and were signed on its behalf by
Jang Bahadur ASHTA Director Company Registration No. 05058735
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ASHTA JEWELLERS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ASHTA JEWELLERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05058735. The registered office is 86 HIGH STREET, SOUTHALL, MIDDLESEX, UB1 3DB, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
18% reducing balance
Fixtures & fittings
18% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
25,000 
At 31 March 2024
25,000 
Amortisation
At 1 April 2023
25,000 
At 31 March 2024
25,000 
Net book value
At 31 March 2024
- 
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ASHTA JEWELLERS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
11,795 
4,866 
16,661 
At 31 March 2024
11,795 
4,866 
16,661 
Depreciation
At 1 April 2023
11,795 
4,866 
16,661 
At 31 March 2024
11,795 
4,866 
16,661 
Net book value
At 31 March 2024
- 
- 
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
3,250 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,147 
4,363 
Trade creditors
840 
- 
Taxes and social security
1,028 
7,844 
Proposed dividends
- 
8,500 
Other creditors
- 
9,450 
Loans from directors
147,082 
137,846 
Accruals
42 
805 
151,139 
168,808 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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