Ashton Accounting Limited |
Registered Number:07964085 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2024
Ashton Accounting Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
Ashton Accounting Limited
Statement of Financial Position
2023
2024
31,829
38,195
2
Property, plant and equipment |
5,828
3,180
3
37,657
41,375
6,425
6,499
4
Trade and other receivables |
35,035
46,149
5
45,374
Cash and cash equivalents |
33,445
86,093
86,834
Trade and other payables: amounts falling due within |
one year |
(102,804)
(96,976)
6
(15,970)
(10,883)
Net current liabilities
Total assets less current liabilities |
26,774
25,405
(1,048)
(531)
Provisions for liabilities |
25,726
Net assets
24,874
100
100
25,626
24,774
25,726
24,874
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
1 of 5
For the year ended 28 February 2024
Ashton Accounting Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 22 November 2024 and were signed by: |
The notes form part of these financial statements |
2 of 5
For the year ended 28 February 2024
Ashton Accounting Limited
Notes to the Financial Statements
Statutory Information
Ashton Accounting Limited is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 07964085. |
10&11 Northfield Road
Ilfracombe
DEVON
EX34 8AL
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic |
of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the |
historical costs convention as modified by the revaluation of certain assets. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 10, is being amortised evenly over its estimated useful life of 10 years. |
2. Intangible fixed assets |
Goodwill
66,427
66,427
28,232
6,366
Charge for year
34,598
31,829
38,195
3 of 5
For the year ended 28 February 2024
Ashton Accounting Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
8,153
4,591
12,744
Provision for depreciation and impairment |
4,973
Charge for year
1,943
6,916
5,828
3,180
2023
2024
6,499
6,425
Inventories are valued at the lower of cost and selling price less costs to complete and sell. Cost is defined as the actual cost of materials. Provision is made for obsolete and slow-moving items. In respect of work in progress this is the percentage of any sales contract that has been completed within the year but invoiced after the year end and is based on the sales invoice total. |
5. Trade and other receivables |
2023
2024
40,626
29,614
5,523
5,421
35,035
46,149
4 of 5
For the year ended 28 February 2024
Ashton Accounting Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year |
2023
2024
551
1,123
Taxation and social security |
28,787
27,638
67,638
74,043
96,976
102,804
7. Average number of persons employed |
During the year the average number of employees was 5 (2023 : 6)
5 of 5