Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-292023-03-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06496653 2023-03-01 2024-02-29 06496653 2022-03-01 2023-02-28 06496653 2024-02-29 06496653 2023-02-28 06496653 2022-03-01 06496653 c:Director1 2023-03-01 2024-02-29 06496653 d:CurrentFinancialInstruments 2024-02-29 06496653 d:CurrentFinancialInstruments 2023-02-28 06496653 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 06496653 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 06496653 d:ShareCapital 2024-02-29 06496653 d:ShareCapital 2023-02-28 06496653 d:ShareCapital 2022-03-01 06496653 d:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 06496653 d:RetainedEarningsAccumulatedLosses 2024-02-29 06496653 d:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 06496653 d:RetainedEarningsAccumulatedLosses 2023-02-28 06496653 d:RetainedEarningsAccumulatedLosses 2022-03-01 06496653 d:TaxLossesCarry-forwardsDeferredTax 2024-02-29 06496653 d:TaxLossesCarry-forwardsDeferredTax 2023-02-28 06496653 c:OrdinaryShareClass1 2023-03-01 2024-02-29 06496653 c:OrdinaryShareClass1 2024-02-29 06496653 c:OrdinaryShareClass1 2023-02-28 06496653 c:FRS102 2023-03-01 2024-02-29 06496653 c:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 06496653 c:FullAccounts 2023-03-01 2024-02-29 06496653 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06496653 2 2023-03-01 2024-02-29 06496653 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06496653










FOUR ASHES AT HOME LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
FOUR ASHES AT HOME LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FOUR ASHES AT HOME LTD
FOR THE YEAR ENDED 29 FEBRUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Four Ashes at Home Ltd for the year ended 29 February 2024 which comprise the Balance sheet, the Statement of changes in equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Four Ashes at Home Ltd in accordance with the terms of our engagement letter dated 25 May 2021Our work has been undertaken solely to prepare for your approval the financial statements of Four Ashes at Home Ltd and state those matters that we have agreed to state to the director of Four Ashes at Home Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Four Ashes at Home Ltd and its director for our work or for this report. 

It is your duty to ensure that Four Ashes at Home Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Four Ashes at Home Ltd. You consider that Four Ashes at Home Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Four Ashes at Home Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



WR Partners
 
Chartered Accountants
  
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
28 November 2024
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FOUR ASHES AT HOME LTD
REGISTERED NUMBER: 06496653

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
3,813
3,883

Cash at bank and in hand
 6 
304
210

  
4,117
4,093

Creditors: amounts falling due within one year
 7 
(486,782)
(485,958)

Net current liabilities
  
 
 
(482,665)
 
 
(481,865)

Total assets less current liabilities
  
(482,665)
(481,865)

  

Net liabilities
  
(482,665)
(481,865)


Capital and reserves
  

Called up share capital 
 9 
2
2

Profit and loss account
  
(482,667)
(481,867)

  
(482,665)
(481,865)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

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FOUR ASHES AT HOME LTD
REGISTERED NUMBER: 06496653
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 November 2024.




Mr S P Thompson
Director

The notes on pages 5 to 9 form part of these financial statements.

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FOUR ASHES AT HOME LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 29 FEBRUARY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 March 2022
2
(481,061)
(481,059)


Comprehensive income for the year

Loss for the year
-
(806)
(806)



At 1 March 2023
2
(481,867)
(481,865)


Comprehensive income for the year

Loss for the year
-
(800)
(800)


At 29 February 2024
2
(482,667)
(482,665)


The notes on pages 5 to 9 form part of these financial statements.

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FOUR ASHES AT HOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Four Ashes at Home Limited, (Company number: 06496653), is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Four Ashes Hall, Four Ashes, Enville, Stourbridge, West Midlands, DY7 5JG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Going concern

The company is funded by borrowings from the shareholder and director of the company.
Despite the company having net liabilities, the director considers it appropriate to prepare the financial statements on a going concern basis. The decision is taken after having taken assurances that the shareholder has no requirement to collect their loan within twelve months from signing these financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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FOUR ASHES AT HOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

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FOUR ASHES AT HOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Taxation


2024
2023
£
£



Total current tax
-
-

Deferred tax


Origination and reversal of timing differences
(187)
(189)

Total deferred tax
(187)
(189)


Taxation on loss on ordinary activities
(187)
(189)

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of  19% (2023 - 19%).



Factors that may affect future tax charges

There were no factors that may affect future tax charges.

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FOUR ASHES AT HOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
472
729

Called up share capital not paid
2
2

Deferred taxation
3,339
3,152

3,813
3,883



6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
304
210

304
210



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Other creditors
485,357
484,726

Accruals and deferred income
1,425
1,232

486,782
485,958


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FOUR ASHES AT HOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Deferred taxation






2024
2023


£

£






At beginning of year
3,152
2,963


Charged to profit or loss
187
189



At end of year
3,339
3,152

The deferred tax asset is made up as follows:

29 February
28 February
2024
2023
£
£


Tax losses carried forward
3,339
3,152

3,339
3,152


9.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and partly paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



10.


Related party transactions

Included within Creditors is an amount of £40,566 (2023: £39,935) due to Four Ashes Estate which is owned by the Director. No interest has been charged on this account.

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