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Company Registration No. 10573293 (England and Wales)
ASCENSION DANCE COMPANY LTD. Unaudited accounts for the year ended 31 January 2024
ASCENSION DANCE COMPANY LTD. Unaudited accounts Contents
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ASCENSION DANCE COMPANY LTD. Company Information for the year ended 31 January 2024
Directors
Ashley Jordan Ben Morley
Company Number
10573293 (England and Wales)
Registered Office
19 MODBURY CLOSE COVENTRY CV3 5AL ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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ASCENSION DANCE COMPANY LTD. Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,193 
2,556 
Current assets
Debtors
5,004 
3,187 
Cash at bank and in hand
172 
172 
5,176 
3,359 
Creditors: amounts falling due within one year
(5,739)
(4,143)
Net current liabilities
(563)
(784)
Net assets
630 
1,772 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
530 
1,672 
Shareholders' funds
630 
1,772 
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 24 September 2024 and were signed on its behalf by
Ashley Jordan Director Company Registration No. 10573293
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ASCENSION DANCE COMPANY LTD. Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
ASCENSION DANCE COMPANY LTD. is a private company, limited by shares, registered in England and Wales, registration number 10573293. The registered office is 19 MODBURY CLOSE, COVENTRY, CV3 5AL, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going Concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
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:
Computer equipment
20% Straight Line Method
Government Grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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ASCENSION DANCE COMPANY LTD. Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
4,539 
1,425 
2,035 
7,999 
At 31 January 2024
4,539 
1,425 
2,035 
7,999 
Depreciation
At 1 February 2023
3,632 
480 
1,331 
5,443 
Charge for the year
903 
285 
175 
1,363 
At 31 January 2024
4,535 
765 
1,506 
6,806 
Net book value
At 31 January 2024
4 
660 
529 
1,193 
At 31 January 2023
907 
945 
704 
2,556 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
949 
- 
Other debtors
100 
100 
1,049 
100 
Amounts falling due after more than one year
Trade debtors
- 
387 
Accrued income and prepayments
3,955 
2,700 
3,955 
3,087 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,651 
2,930 
Trade creditors
600 
365 
Taxes and social security
- 
(969)
Other creditors
- 
1,074 
Loans from directors
488 
743 
5,739 
4,143 
7
Transactions with related parties
At the year end, there was a balance of £488.00 (2023 - £743.76) owing to directors, Mr Ashley Jordan & Mr Ben Morley.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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