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REGISTERED NUMBER: 14208218 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Steve Ainsley Limited

Steve Ainsley Limited (Registered number: 14208218)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Steve Ainsley Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: S R Ainsley





REGISTERED OFFICE: 58 Mayfield Avenue
Cramlington
Northumberland
NE23 2AA





REGISTERED NUMBER: 14208218 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Steve Ainsley Limited (Registered number: 14208218)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 16,641 18,000

CURRENT ASSETS
Debtors 5 33,638 12,776
Cash at bank 12,417 5,464
46,055 18,240
CREDITORS
Amounts falling due within one year 6 10,424 6,683
NET CURRENT ASSETS 35,631 11,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,272

29,557

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 52,271 29,556
SHAREHOLDERS' FUNDS 52,272 29,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Steve Ainsley Limited (Registered number: 14208218)

Balance Sheet - continued
31 July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 October 2024 and were signed by:





S R Ainsley - Director


Steve Ainsley Limited (Registered number: 14208218)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Steve Ainsley 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Steve Ainsley Limited (Registered number: 14208218)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 August 2023 - 24,000 - 24,000
Additions 331 3,200 541 4,072
At 31 July 2024 331 27,200 541 28,072
DEPRECIATION
At 1 August 2023 - 6,000 - 6,000
Charge for year 50 5,300 81 5,431
At 31 July 2024 50 11,300 81 11,431
NET BOOK VALUE
At 31 July 2024 281 15,900 460 16,641
At 31 July 2023 - 18,000 - 18,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade debtors - 1,813
Directors' loan accounts 8,857 -
VAT 1,637 -
Retentions recoverable 5,633 2,901
CIS recoverable 17,511 8,062
33,638 12,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade creditors 288 -
Tax 9,348 3,228
Directors' loan accounts - 2,477
Accrued expenses 788 978
10,424 6,683

Steve Ainsley Limited (Registered number: 14208218)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 July 2024 and the period ended 31 July 2023:

31.7.24 31.7.23
£ £
S R Ainsley
Balance outstanding at start of year (2,477 ) -
Amounts advanced 11,334 22,763
Amounts repaid - (25,240 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,857 (2,477 )

Steve Ainsley Limited

Report of the Accountants to the Director of
Steve Ainsley Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


11 October 2024