ASGARD INVENTORIES LIMITED

Company Registration Number:
12972794 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ASGARD INVENTORIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

ASGARD INVENTORIES LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 4,650 5,250
Tangible assets: 4 18,233 1,005
Total fixed assets: 22,883 6,255
Current assets
Debtors:   4,510 5,010
Cash at bank and in hand: 904 2,742
Total current assets: 5,414 7,752
Creditors: amounts falling due within one year:   (18,376) (4,318)
Net current assets (liabilities): (12,962) 3,434
Total assets less current liabilities: 9,921 9,689
Creditors: amounts falling due after more than one year:   (16,556) (7,882)
Total net assets (liabilities): (6,635) 1,807
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (6,735) 1,707
Shareholders funds: (6,635) 1,807

The notes form part of these financial statements

ASGARD INVENTORIES LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 October 2024
and signed on behalf of the board by:

Name: Mrs K Mangat
Status: Director

The notes form part of these financial statements

ASGARD INVENTORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ASGARD INVENTORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

ASGARD INVENTORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 6,000
At 31 October 2023 6,000
Amortisation
At 01 November 2022 750
Charge for year 600
At 31 October 2023 1,350
Net book value
At 31 October 2023 4,650
At 31 October 2022 5,250

ASGARD INVENTORIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 1,078
Additions 20,498
At 31 October 2023 21,576
Depreciation
At 01 November 2022 73
Charge for year 3,270
At 31 October 2023 3,343
Net book value
At 31 October 2023 18,233
At 31 October 2022 1,005