Company Registration No. 06971522 (England and Wales)
Ashford Formwork Limited
Unaudited accounts
for the year ended 31 January 2024
Ashford Formwork Limited
Unaudited accounts
Contents
Ashford Formwork Limited
Company Information
for the year ended 31 January 2024
Directors
Mr R P Webb
Mrs S A Webb
Company Number
06971522 (England and Wales)
Registered Office
UNIT 3 MICHELDEVER
WINCHESTER
SO21 3BT
ENGLAND
Ashford Formwork Limited
Statement of financial position
as at 31 January 2024
Tangible assets
27,211
34,313
Cash at bank and in hand
66,782
384,690
Creditors: amounts falling due within one year
(17,778)
(92,069)
Net current assets
69,239
513,758
Total assets less current liabilities
96,450
548,071
Creditors: amounts falling due after more than one year
-
(46,667)
Called up share capital
1
1
Capital redemption reserve
1
1
Profit and loss account
96,448
501,402
Shareholders' funds
96,450
501,404
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by
Mrs S A Webb
Director
Company Registration No. 06971522
Ashford Formwork Limited
Notes to the Accounts
for the year ended 31 January 2024
Ashford Formwork Limited is a private company, limited by shares, registered in England and Wales, registration number 06971522. The registered office is UNIT 3 MICHELDEVER, WINCHESTER, SO21 3BT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
54,262
31,804
86,066
At 31 January 2024
55,929
31,804
87,733
At 1 February 2023
24,483
27,270
51,753
Charge for the year
7,862
907
8,769
At 31 January 2024
32,345
28,177
60,522
At 31 January 2024
23,584
3,627
27,211
At 31 January 2023
29,779
4,534
34,313
Ashford Formwork Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
2,477
2,531
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
20,000
Obligations under finance leases and hire purchase contracts
1,089
1,089
Trade creditors
11,219
21,239
Taxes and social security
-
42,976
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).