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REGISTERED NUMBER: 14735209 (England and Wales)










Unaudited Financial Statements

for the Period 16 March 2023 to 31 March 2024

for

Ashwood Retail Limited

Ashwood Retail Limited (Registered number: 14735209)






Contents of the Financial Statements
for the Period 16 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ashwood Retail Limited

Company Information
for the Period 16 March 2023 to 31 March 2024







DIRECTOR: Mr T J Davies





REGISTERED OFFICE: C/o Haines Watts Chester
Military House
24 Castle Street
Chester
CH1 2DS





REGISTERED NUMBER: 14735209 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Ashwood Retail Limited (Registered number: 14735209)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 437

CURRENT ASSETS
Cash at bank 23,650

CREDITORS
Amounts falling due within one year 5 21,737
NET CURRENT ASSETS 1,913
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,350

CAPITAL AND RESERVES
Called up share capital 40
Retained earnings 2,310
2,350

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2024 and were signed by:





Mr T J Davies - Director


Ashwood Retail Limited (Registered number: 14735209)

Notes to the Financial Statements
for the Period 16 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Ashwood Retail 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.

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.

The financial statements are presented in sterling, which is functional currency of the company, rounded to the nearest £1.

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.
Computer equipment - 33% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Ashwood Retail Limited (Registered number: 14735209)

Notes to the Financial Statements - continued
for the Period 16 March 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 449
At 31 March 2024 449
DEPRECIATION
Charge for period 12
At 31 March 2024 12
NET BOOK VALUE
At 31 March 2024 437

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 530
Taxation and social security 8,186
Other creditors 13,021
21,737

6. RELATED PARTY DISCLOSURES

The director loaned to the company a total of £20,265 and was repaid a total of £11,835 in the period. The balance owing to the director at 31.03.2024 is £8,430. The loans were unsecured, interest free and repayable on demand.

A shareholder loaned to the company £4,600 and was repaid £10 in the period. The balance owing to the shareholder at 31.03.2024 was £4,590. The loan was unsecured, interest free and repayable on demand.