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REGISTERED NUMBER: 02426786 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ASHDOWN SITE INVESTIGATION LIMITED

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHDOWN SITE INVESTIGATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: H D Willemse
S McSwiney
A M Minchell-Bewick





REGISTERED OFFICE: 30-34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 02426786 (England and Wales)





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 69,794 85,674

CURRENT ASSETS
Stocks 18,131 55,087
Debtors 5 126,261 189,922
Cash at bank and in hand 115,471 98,981
259,863 343,990
CREDITORS
Amounts falling due within one year 6 (238,903 ) (245,527 )
NET CURRENT ASSETS 20,960 98,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,754

184,137

CREDITORS
Amounts falling due after more than one
year

7

(35,765

)

(48,215

)

PROVISIONS FOR LIABILITIES (13,235 ) (15,477 )
NET ASSETS 41,754 120,445

CAPITAL AND RESERVES
Called up share capital 8 400 400
Capital redemption reserve 400 400
Retained earnings 40,954 119,645
SHAREHOLDERS' FUNDS 41,754 120,445

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.

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

BALANCE SHEET - 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:




A M Minchell-Bewick - Director S McSwiney - Director




H D Willemse - Director


ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Ashdown Site Investigation 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - over term of lease
Improvements to property - over term of lease
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 21 ).

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2023 45,152 11,049 191,897
Additions - - 8,353
Disposals - - -
At 31 March 2024 45,152 11,049 200,250
DEPRECIATION
At 1 April 2023 25,084 6,138 165,554
Charge for year 5,017 1,228 6,939
Eliminated on disposal - - -
At 31 March 2024 30,101 7,366 172,493
NET BOOK VALUE
At 31 March 2024 15,051 3,683 27,757
At 31 March 2023 20,068 4,911 26,343

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 100,152 121,415 469,665
Additions - 1,034 9,387
Disposals (19,315 ) - (19,315 )
At 31 March 2024 80,837 122,449 459,737
DEPRECIATION
At 1 April 2023 69,432 117,783 383,991
Charge for year 7,287 3,225 23,696
Eliminated on disposal (17,744 ) - (17,744 )
At 31 March 2024 58,975 121,008 389,943
NET BOOK VALUE
At 31 March 2024 21,862 1,441 69,794
At 31 March 2023 30,720 3,632 85,674

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 33,250
DEPRECIATION
At 1 April 2023 17,419
Charge for year 3,957
At 31 March 2024 21,376
NET BOOK VALUE
At 31 March 2024 11,874
At 31 March 2023 15,831

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 118,022 181,683
Other debtors 8,239 8,239
126,261 189,922

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,443 5,319
Hire purchase contracts 6,867 6,378
Trade creditors 50,786 85,193
Amounts owed to group undertakings 3,837 3,523
Taxation and social security 169,931 142,584
Other creditors 2,039 2,530
238,903 245,527

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 30,082 35,665
Hire purchase contracts 5,683 12,550
35,765 48,215

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 13,115

ASHDOWN SITE INVESTIGATION LIMITED (REGISTERED NUMBER: 02426786)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Authorised number: Class: Nom value: 2023 2022
Number: £ £

400 Ordinary A shares £1 400 400
400 Ordinary B shares £1 400 400
200 Ordinary C shares £1 200 200
200 Ordinary D shares £1 200 200
200 Ordinary E shares £1 200 200
1,400 1,400


Allotted, issued and fully paid: 2023 2022
Number: £ £

192 Ordinary A shares £1 192 240
40 Ordinary B shares £1 40 40
56 Ordinary C shares £1 56 40
56 Ordinary D shares £1 56 40
56 Ordinary E shares £1 56 40
400 400


9. ULTIMATE CONTROLLING PARTY

Hestal Holdings Ltd owns 100% of the company's issued share capital and is considered to be the company's ultimate controlling party.