PTP Accounts Production v24.2.0.383 07611810 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076118102023-03-31076118102024-03-31076118102023-04-012024-03-31076118102022-03-31076118102022-04-012023-03-31076118102023-03-3107611810ns15:EnglandWales2023-04-012024-03-3107611810ns14:PoundSterling2023-04-012024-03-3107611810ns10:Director12023-04-012024-03-3107611810ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107611810ns10:SmallEntities2023-04-012024-03-3107611810ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3107611810ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107611810ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107611810ns10:FullAccounts2023-04-012024-03-3107611810ns10:OrdinaryShareClass12023-04-012024-03-3107611810ns10:Director22023-04-012024-03-3107611810ns10:CompanySecretary12023-04-012024-03-3107611810ns10:RegisteredOffice2023-04-012024-03-3107611810ns5:CurrentFinancialInstruments2024-03-3107611810ns5:CurrentFinancialInstruments2023-03-3107611810ns5:ShareCapital2024-03-3107611810ns5:ShareCapital2023-03-3107611810ns5:RetainedEarningsAccumulatedLosses2024-03-3107611810ns5:RetainedEarningsAccumulatedLosses2023-03-3107611810ns5:ComputerEquipment2023-04-012024-03-3107611810ns5:ComputerEquipment2023-03-3107611810ns5:ComputerEquipment2024-03-3107611810ns5:ComputerEquipment2023-03-3107611810ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 07611810 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ASHLEY INSIGHT LTD

ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ASHLEY INSIGHT LTD

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Caroline Ashley
Richard Stuart Dewdney





SECRETARY: Richard Stuart Dewdney





REGISTERED OFFICE: 1a Waldegrave Park
Twickenham
TW1 4TL





REGISTERED NUMBER: 07611810 (England and Wales)





ACCOUNTANTS: de Freitas & Co.
Chartered Accountants
39 Berwyn Road
Richmond
Surrey
TW10 5BU

ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

STATEMENT OF FINANCIAL POSITION
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 863 927

CURRENT ASSETS
Debtors 5 - 24,716
Cash at bank and in hand 107,609 45,706
107,609 70,422
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

2,618

1,047
NET CURRENT ASSETS 104,991 69,375
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,854

70,302

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 105,754 70,202
SHAREHOLDERS' FUNDS 105,854 70,302

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

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

The directors acknowledge their 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.

ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

STATEMENT OF FINANCIAL POSITION - continued
31 March 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 Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





Caroline Ashley - Director


ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. Statutory information

Ashley Insight Ltd 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.

Significant judgements and estimates
The director has not been required to make any material critical judgements in the process of applying the company's accounting policies.

Turnover
Turnover arises from the provision of overseas development consultancy services. Revenue is recognised when the outcome of a transaction can be estimated reliably, by reference to the stage of completion of the transaction at the end of the reporting period.

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

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the financial instrument. The company holds only basic financial instruments which comprise cash and cash equivalents and other debtors and other creditors..

Cash and cash equivalents - these include deposits held with banks.

Other debtors - these are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount expected to be receivable, net of any impairment.

Other creditors - these are initially recognised at the transaction price and are subsequently measured at amortised cost using the effective interest method. Amounts that are receivable within one year are measured at the undiscounted amount expected to be payable.


ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


2. Accounting policies - continued
Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the statement of financial position date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company has substantial cash reserves and low overheads. The directors therefore believe that the company is well placed to manage its business risks for the foreseeable future.

Therefore the directors have continued to adopt the going concern basis of accounting in preparing these financial statements.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Tangible fixed assets
Computer
equipment
£   
Cost
At 1 April 2023 1,391
Additions 599
At 31 March 2024 1,990
Depreciation
At 1 April 2023 464
Charge for year 663
At 31 March 2024 1,127
Net book value
At 31 March 2024 863
At 31 March 2023 927

ASHLEY INSIGHT LTD (REGISTERED NUMBER: 07611810)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors - 24,716

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Social security and other taxes 1,259 -
Other creditors 624 312
Accruals and deferred income 735 735
2,618 1,047

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

8. Related party disclosures

During the year, total dividends of £21,000 (2023 - £2,000) were paid to the directors .

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ASHLEY INSIGHT LTD


The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ashley Insight Ltd for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ashley Insight Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ashley Insight Ltd and state those matters that we have agreed to state to the Board of Directors of Ashley Insight Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashley Insight Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ashley Insight Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ashley Insight Ltd. You consider that Ashley Insight Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ashley Insight Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






de Freitas & Co.
Chartered Accountants
39 Berwyn Road
Richmond
Surrey
TW10 5BU


15 October 2024