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REGISTERED NUMBER: 09244274 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Richard Aston Limited

Richard Aston Limited (Registered number: 09244274)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Richard Aston Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R J Aston





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 09244274 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Richard Aston Limited (Registered number: 09244274)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 78,558 17,875
Cash at bank 50,549 45,481
129,107 63,356
CREDITORS
Amounts falling due within one year 5 36,914 34,182
NET CURRENT ASSETS 92,193 29,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,193

29,174

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 92,093 29,074
SHAREHOLDERS' FUNDS 92,193 29,174

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.

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 15 October 2024 and were signed by:





R J Aston - Director


Richard Aston Limited (Registered number: 09244274)

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

1. STATUTORY INFORMATION

Richard Aston 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 represents the company's share of the profits of the partnership.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - five years

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Due from partnership 9,168 -
Other debtors 26,232 3,673
Directors' current accounts 43,158 14,202
78,558 17,875

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 34,370 20,098
Social security and other taxes 486 433
Other creditors - 1,347
Due to partnership - 11,230
Accruals and deferred income 2,058 1,074
36,914 34,182

Richard Aston Limited (Registered number: 09244274)

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

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
R J Aston
Balance outstanding at start of year 14,202 (12,271 )
Amounts advanced 84,265 82,793
Amounts repaid (55,309 ) (56,320 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,158 14,202

Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.00% per annum to 5th April 2023 and 2.25% per annum thereafter. The overdrawn director's loan account was cleared within nine months of the year end.