ASHRIDGE VEHICLES LIMITED

Company Registration Number:
05659407 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

ASHRIDGE VEHICLES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

ASHRIDGE VEHICLES LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 154,030 154,030
Tangible assets: 4 39,436 25,582
Investments: 5 265,790 210,537
Total fixed assets: 459,256 390,149
Current assets
Stocks: 1,622,344 2,015,282
Debtors: 6 790,284 717,108
Cash at bank and in hand: 339,723 182,357
Investments:   0 0
Total current assets: 2,752,351 2,914,747
Creditors: amounts falling due within one year: 7 (1,419,278) (1,564,833)
Net current assets (liabilities): 1,333,073 1,349,914
Total assets less current liabilities: 1,792,329 1,740,063
Creditors: amounts falling due after more than one year: 8 (13,280) (323,212)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,779,049 1,416,851
Capital and reserves
Called up share capital: 4 4
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,779,045 1,416,847
Shareholders funds: 1,779,049 1,416,851

The notes form part of these financial statements

ASHRIDGE VEHICLES LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 December 2024
and signed on behalf of the board by:

Name: R Johnston
Status: Director

The notes form part of these financial statements

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 18 16

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 1,640,998
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2024 1,640,998
Amortisation
At 01 March 2023 1,486,968
Charge for year 0
On disposals 0
Other adjustments 0
At 28 February 2024 1,486,968
Net book value
At 28 February 2024 154,030
At 28 February 2023 154,030

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 73,684
Additions 23,713
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2024 97,397
Depreciation
At 01 March 2023 48,102
Charge for year 9,859
On disposals 0
Other adjustments 0
At 28 February 2024 57,961
Net book value
At 28 February 2024 39,436
At 28 February 2023 25,582

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Fixed investments

Fixed asset investments ..............................................................................2024...............2023 .....................................................................................£....................£ Other investments other than loans.................265,790..........210,537

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

7. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year ..........................................................................2024.............2023 ................................................................................£...................£ Bank loans..................................................1,059,845.......1,294,180 Trade creditors..............................................110,492..........150,254 Corporation tax...............................................93,409.............46,821 Other taxation and social security.................138,768............60,979 Other creditors................................................16,764..........209,696 .....................................................................1,419,278......1,761,930

ASHRIDGE VEHICLES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

8. Creditors: amounts falling due after more than one year note

Creditors: amounts falling due after more than one year .............................................................................2024.........2023 ....................................................................................£...............£ Bank loans and overdrafts................................13,280.......23,212