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REGISTERED NUMBER: 09102595 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ashleigh Digital Limited

Ashleigh Digital Limited (Registered number: 09102595)






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


Ashleigh Digital Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: T A Sadler





REGISTERED OFFICE: Ashleigh House
Beckbridge Road
Normanton Industrial Estate
Normanton
WF6 1TE





REGISTERED NUMBER: 09102595 (England and Wales)





ACCOUNTANTS: Evelyn Partners (Leeds) Limited
Accountants
3rd Floor
56 Wellington Street
Leeds
West Yorkshire
LS1 2EE

Ashleigh Digital Limited (Registered number: 09102595)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 11,952 14,943
Investment property 6 3,100,000 3,200,000
3,111,952 3,214,943

CURRENT ASSETS
Debtors 7 1 1
Cash at bank 709 14,375
710 14,376
CREDITORS
Amounts falling due within one year 8 1,020,943 1,145,273
NET CURRENT LIABILITIES (1,020,233 ) (1,130,897 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,091,719

2,084,046

CREDITORS
Amounts falling due after more than one
year

9

(300,000

)

(300,000

)

PROVISIONS FOR LIABILITIES (277,993 ) (300,001 )
NET ASSETS 1,513,726 1,484,045

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 1,513,725 1,484,044
SHAREHOLDERS' FUNDS 1,513,726 1,484,045

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 director acknowledges his 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.

Ashleigh Digital Limited (Registered number: 09102595)

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





T A Sadler - Director


Ashleigh Digital Limited (Registered number: 09102595)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ashleigh Digital 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost conversation, with the
exception of the revaluation of land and buildings.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

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.
Plant and machinery - 20% on reducing balance
Computer equipment - 20% on reducing balance

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Ashleigh Digital Limited (Registered number: 09102595)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Short term debtors are measured at transaction price, less any impairment.

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.

Creditors
Short term creditors are measured at transaction price.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 34,963 53,355 88,318
DEPRECIATION
At 1 April 2023 29,096 44,279 73,375
Charge for year 1,175 1,816 2,991
At 31 March 2024 30,271 46,095 76,366
NET BOOK VALUE
At 31 March 2024 4,692 7,260 11,952
At 31 March 2023 5,867 9,076 14,943

Ashleigh Digital Limited (Registered number: 09102595)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 3,200,000
Revaluations (100,000 )
At 31 March 2024 3,100,000
NET BOOK VALUE
At 31 March 2024 3,100,000
At 31 March 2023 3,200,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 3,100,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1 1

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 27,640 40,219
Other creditors 991,801 1,103,552
Directors' loan accounts 2 2
Accruals and deferred income 1,500 1,500
1,020,943 1,145,273

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans 300,000 300,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

11. RELATED PARTY DISCLOSURES

No further transactions with related parties were undertaken such as required to be disclosed under Section 1A of FRS 102.