Company Registration No. 12630008 (England and Wales)
ARDMORE HOLDINGS LTD
ABRIDGED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2024
ARDMORE HOLDINGS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ARDMORE HOLDINGS LTD
BALANCE SHEET
AS AT 31 MAY 2024
31 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
5
4,000
4,045
Current assets
Cash at bank and in hand
5,230
4,206
Creditors: amounts falling due within one year
7
(7,379)
(7,355)
Net current liabilities
(2,149)
(3,149)
Net assets
1,851
896
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,751
796
Total equity
1,851
896
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 23 October 2024
W P Hampton
Director
Company Registration No. 12630008
ARDMORE HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 2 -
1
Accounting policies
Company information
Ardmore Holdings Ltd is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Investments in subsidiary undertakings are recognised at cost.
2
Operating profit
2024
2023
Operating profit for the year is stated after charging:
£
£
Formation costs
-
54
3
Employees
The average number of employees, including directors, during the year was 1 (2023 - 1).
4
Dividends
2024
2023
£
£
Ordinary shares of £1 each
Interim paid
63,560
58,565
5
Fixed asset investments
2024
2023
£
£
Shares in group undertakings
4,000
4,045
ARDMORE HOLDINGS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
5
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 June 2023
4,045
Amounts written off
(45)
At 31 May 2024
4,000
Carrying amount
At 31 May 2024
4,000
At 31 May 2023
4,045
6
Subsidiaries
Details of the company's subsidiaries at 31 May 2024 are as follows:
Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Day 1 Connectivity Ltd
UK
Telecommunications
Ordinary
50.00
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Capital and Reserves
Profit/(Loss)
£
£
Day 1 Connectivity Ltd
(134)
95,356
7
Creditors: amounts falling due within one year
2024
2023
£
£
Directors' current accounts
1,519
1,519
Amounts owed to group undertakings
4,000
4,000
Accruals
1,860
1,836
7,379
7,355