Company Registration No. 09015557 (England and Wales)
ASH ESTATES LIMITED
Unaudited accounts
for the year ended 31 March 2024
ASH ESTATES LIMITED
Unaudited accounts
Contents
ASH ESTATES LIMITED
Company Information
for the year ended 31 March 2024
Directors
Mr A Tayub
Mrs Z Tayub
Company Number
09015557 (England and Wales)
Registered Office
THE REGISTERED OFFICE SOLVERS ACCOUNTANT
108 BELGRAVE GATE
LEICESTER
LEICESTERSHIRE
LE1 3GR
UNITED KINGDOM
Accountants
Taxsolvers
108 Belgrave Gate
Leicester
Leicestershire
LE1 3GR
ASH ESTATES LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
596,372
597,547
Cash at bank and in hand
9,085
2,421
Creditors: amounts falling due within one year
(37,275)
(80,430)
Net current liabilities
(16,842)
(51,509)
Total assets less current liabilities
579,530
546,038
Creditors: amounts falling due after more than one year
(556,871)
(528,635)
Called up share capital
100
100
Profit and loss account
22,559
17,303
Shareholders' funds
22,659
17,403
For the year ending 31 March 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 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 December 2024 and were signed on its behalf by
Mr A Tayub
Director
Company Registration No. 09015557
ASH ESTATES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
ASH ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09015557. The registered office is THE REGISTERED OFFICE SOLVERS ACCOUNTANT, 108 BELGRAVE GATE, LEICESTER, LEICESTERSHIRE, LE1 3GR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
591,875
1,900
12,590
606,365
At 31 March 2024
591,875
1,900
12,590
606,365
At 1 April 2023
-
1,098
7,720
8,818
Charge for the year
-
201
974
1,175
At 31 March 2024
-
1,299
8,694
9,993
At 31 March 2024
591,875
601
3,896
596,372
At 31 March 2023
591,875
802
4,870
597,547
ASH ESTATES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
11,348
2,500
Accrued income and prepayments
-
24,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,000
33,708
Amounts owed to group undertakings and other participating interests
-
26,001
Taxes and social security
1,508
-
Other creditors
1,750
1,750
Loans from directors
14,017
18,971
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
259,349
264,214
Loans from directors
297,522
264,421
8
Transactions with related parties
The directors owed £297,522 (2023: £264,421) to the company.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).