Company Registration No. 05683296 (England and Wales)
A & S Rentals & Developments Limited
Unaudited accounts
for the year ended 31 January 2024
A & S Rentals & Developments Limited
Unaudited accounts
Contents
A & S Rentals & Developments Limited
Company Information
for the year ended 31 January 2024
Company Number
05683296 (England and Wales)
Registered Office
The Lodge 163 Barton Road
Barton Seagrave
Kettering
NN15 6RU
A & S Rentals & Developments Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,817,931
1,824,986
Cash at bank and in hand
13,034
5,803
Creditors: amounts falling due within one year
(962,957)
(1,022,950)
Net current liabilities
(934,943)
(999,356)
Total assets less current liabilities
882,988
825,630
Creditors: amounts falling due after more than one year
(897,970)
(797,970)
Net (liabilities)/assets
(14,982)
27,660
Called up share capital
100
100
Profit and loss account
(15,082)
27,560
Shareholders' funds
(14,982)
27,660
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 director acknowledges his 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 and authorised for issue on 30 October 2024 and were signed on its behalf by
Steffen Norris
Director
Company Registration No. 05683296
A & S Rentals & Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
A & S Rentals & Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 05683296. The registered office is The Lodge 163 Barton Road, Barton Seagrave, Kettering, NN15 6RU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
over 3 years
Motor vehicles
over 3 years
Fixtures & fittings
over 3 years
Computer equipment
over 3 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
1,811,213
3,700
24,176
1,431
1,840,520
At 31 January 2024
1,811,213
3,700
24,176
1,431
1,840,520
At 1 February 2023
-
740
14,508
286
15,534
Charge for the year
-
2,220
4,835
-
7,055
At 31 January 2024
-
2,960
19,343
286
22,589
At 31 January 2024
1,811,213
740
4,833
1,145
1,817,931
At 31 January 2023
1,811,213
2,960
9,668
1,145
1,824,986
A & S Rentals & Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Other debtors
14,980
15,000
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
595,306
598,399
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
797,970
797,970
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).