2024-04-012024-10-162024-10-16false14391345ASV MARTLESHAM LIMITED2024-10-2847290iso4217:GBPxbrli:pure143913452024-04-01143913452024-10-16143913452024-04-012024-10-16143913452023-04-01143913452024-03-31143913452023-04-012024-03-3114391345bus:SmallEntities2024-04-012024-10-1614391345bus:AuditExempt-NoAccountantsReport2024-04-012024-10-1614391345bus:FullAccounts2024-04-012024-10-1614391345bus:PrivateLimitedCompanyLtd2024-04-012024-10-1614391345core:WithinOneYear2024-10-1614391345core:AfterOneYear2024-10-1614391345core:WithinOneYear2024-03-3114391345core:AfterOneYear2024-03-3114391345core:ShareCapital2024-10-1614391345core:SharePremium2024-10-1614391345core:RevaluationReserve2024-10-1614391345core:OtherReservesSubtotal2024-10-1614391345core:RetainedEarningsAccumulatedLosses2024-10-1614391345core:ShareCapital2024-03-3114391345core:SharePremium2024-03-3114391345core:RevaluationReserve2024-03-3114391345core:OtherReservesSubtotal2024-03-3114391345core:RetainedEarningsAccumulatedLosses2024-03-3114391345core:LandBuildings2024-10-1614391345core:PlantMachinery2024-10-1614391345core:Vehicles2024-10-1614391345core:FurnitureFittings2024-10-1614391345core:OfficeEquipment2024-10-1614391345core:NetGoodwill2024-10-1614391345core:IntangibleAssetsOtherThanGoodwill2024-10-1614391345core:ListedExchangeTraded2024-10-1614391345core:UnlistedNon-exchangeTraded2024-10-1614391345core:LandBuildings2024-03-3114391345core:PlantMachinery2024-03-3114391345core:Vehicles2024-03-3114391345core:FurnitureFittings2024-03-3114391345core:OfficeEquipment2024-03-3114391345core:NetGoodwill2024-03-3114391345core:IntangibleAssetsOtherThanGoodwill2024-03-3114391345core:ListedExchangeTraded2024-03-3114391345core:UnlistedNon-exchangeTraded2024-03-3114391345core:LandBuildings2024-04-012024-10-1614391345core:PlantMachinery2024-04-012024-10-1614391345core:Vehicles2024-04-012024-10-1614391345core:FurnitureFittings2024-04-012024-10-1614391345core:OfficeEquipment2024-04-012024-10-1614391345core:NetGoodwill2024-04-012024-10-1614391345core:IntangibleAssetsOtherThanGoodwill2024-04-012024-10-1614391345core:ListedExchangeTraded2024-04-012024-10-1614391345core:UnlistedNon-exchangeTraded2024-04-012024-10-1614391345core:MoreThanFiveYears2024-04-012024-10-1614391345core:Non-currentFinancialInstruments2024-10-1614391345core:Non-currentFinancialInstruments2024-03-3114391345dpl:CostSales2024-04-012024-10-1614391345dpl:DistributionCosts2024-04-012024-10-1614391345core:LandBuildings2024-04-012024-10-1614391345core:PlantMachinery2024-04-012024-10-1614391345core:Vehicles2024-04-012024-10-1614391345core:FurnitureFittings2024-04-012024-10-1614391345core:OfficeEquipment2024-04-012024-10-1614391345dpl:AdministrativeExpenses2024-04-012024-10-1614391345core:NetGoodwill2024-04-012024-10-1614391345core:IntangibleAssetsOtherThanGoodwill2024-04-012024-10-1614391345dpl:GroupUndertakings2024-04-012024-10-1614391345dpl:ParticipatingInterests2024-04-012024-10-1614391345dpl:GroupUndertakingscore:ListedExchangeTraded2024-04-012024-10-1614391345core:ListedExchangeTraded2024-04-012024-10-1614391345dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-04-012024-10-1614391345core:UnlistedNon-exchangeTraded2024-04-012024-10-1614391345dpl:CostSales2023-04-012024-03-3114391345dpl:DistributionCosts2023-04-012024-03-3114391345core:LandBuildings2023-04-012024-03-3114391345core:PlantMachinery2023-04-012024-03-3114391345core:Vehicles2023-04-012024-03-3114391345core:FurnitureFittings2023-04-012024-03-3114391345core:OfficeEquipment2023-04-012024-03-3114391345dpl:AdministrativeExpenses2023-04-012024-03-3114391345core:NetGoodwill2023-04-012024-03-3114391345core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3114391345dpl:GroupUndertakings2023-04-012024-03-3114391345dpl:ParticipatingInterests2023-04-012024-03-3114391345dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3114391345core:ListedExchangeTraded2023-04-012024-03-3114391345dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3114391345core:UnlistedNon-exchangeTraded2023-04-012024-03-3114391345core:NetGoodwill2024-10-1614391345core:IntangibleAssetsOtherThanGoodwill2024-10-1614391345core:LandBuildings2024-10-1614391345core:PlantMachinery2024-10-1614391345core:Vehicles2024-10-1614391345core:FurnitureFittings2024-10-1614391345core:OfficeEquipment2024-10-1614391345core:AfterOneYear2024-10-1614391345core:WithinOneYear2024-10-1614391345core:ListedExchangeTraded2024-10-1614391345core:UnlistedNon-exchangeTraded2024-10-1614391345core:ShareCapital2024-10-1614391345core:SharePremium2024-10-1614391345core:RevaluationReserve2024-10-1614391345core:OtherReservesSubtotal2024-10-1614391345core:RetainedEarningsAccumulatedLosses2024-10-1614391345core:NetGoodwill2024-03-3114391345core:IntangibleAssetsOtherThanGoodwill2024-03-3114391345core:LandBuildings2024-03-3114391345core:PlantMachinery2024-03-3114391345core:Vehicles2024-03-3114391345core:FurnitureFittings2024-03-3114391345core:OfficeEquipment2024-03-3114391345core:AfterOneYear2024-03-3114391345core:WithinOneYear2024-03-3114391345core:Liste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ASV MARTLESHAM LIMITED

Registered Number
14391345
(England and Wales)

Unaudited Financial Statements for the Period ended
16 October 2024

ASV MARTLESHAM LIMITED
Company Information
for the period from 1 April 2024 to 16 October 2024

Director

KAMALAKGANNAN, Aberaam

Registered Address

Unit 12, Turner Rise Retail Park
Petrolea Close
Colchester
CO4 5TU

Registered Number

14391345 (England and Wales)
ASV MARTLESHAM LIMITED
Balance Sheet as at
16 October 2024

Notes

16 Oct 2024

31 Mar 2024

£

£

£

£

Fixed assets
Tangible assets382,954-
82,954-
Current assets
Debtors56,023100
Cash at bank and on hand3,030-
9,053100
Creditors amounts falling due within one year6(5,128)(271)
Net current assets (liabilities)3,925(171)
Total assets less current liabilities86,879(171)
Net assets86,879(171)
Capital and reserves
Called up share capital100100
Profit and loss account86,779(271)
Shareholders' funds86,879(171)
The financial statements were approved and authorised for issue by the Director on 28 October 2024, and are signed on its behalf by:
KAMALAKGANNAN, Aberaam
Director
Registered Company No. 14391345
ASV MARTLESHAM LIMITED
Notes to the Financial Statements
for the period ended 16 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are initially recorded at cost and subsequently at cost less depreciation. The depreciation rates are asunder -

Reducing balance (%)
Plant and machinery15
Fixtures and fittings15
Financial instruments
Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242024
Average number of employees during the year22
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
Additions80,40618,10998,515
At 16 October 2480,40618,10998,515
Depreciation and impairment
Charge for year12,6682,89315,561
At 16 October 2412,6682,89315,561
Net book value
At 16 October 2467,73815,21682,954
At 31 March 24---
4.Stocks
5.Debtors: amounts due within one year

2024

2024

££
Amounts owed by group undertakings-100
Prepayments and accrued income6,023-
Total6,023100
6.Creditors: amounts due within one year

2024

2024

££
Taxation and social security1,475-
Accrued liabilities and deferred income3,653271
Total5,128271