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Registration number: 06552966

Austin Asset Management Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Austin Asset Management Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Austin Asset Management Ltd

Company Information

Director

Mr Nicholas Michael Austin

Registered office

36 Bishops Way
Exeter
EX2 7PF

Accountants

R S Porter & Co Limited The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Austin Asset Management Ltd
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Austin Asset Management Ltd for the year ended 30 June 2024 as set out on pages 3 to 4 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Austin Asset Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Austin Asset Management Ltd and state those matters that we have agreed to state to the Board of Directors of Austin Asset Management Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Austin Asset Management Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Austin Asset Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Austin Asset Management Ltd. You consider that Austin Asset Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Austin Asset Management 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 accounts.

......................................

R S Porter & Co Limited
The Old Dairy
Ashton Hill Farm
Weston Road
Failand
Bristol
BS8 3US

20 December 2024

 

Austin Asset Management Ltd

(Registration number: 06552966)
Balance Sheet as at 30 June 2024

2024
£

2023
£

Fixed assets

45,688

45,688

Current assets

29,306

60,616

Creditors: Amounts falling due within one year

(1,180)

(17,520)

Net current assets

28,126

43,096

Total assets less current liabilities

73,814

88,784

Accruals and deferred income

(840)

(840)

 

72,974

87,944

Capital and reserves

72,974

87,944

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
36 Bishops Way
Exeter
EX2 7PF
England

These financial statements were authorised for issue by the director on 20 December 2024.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

Approved and authorised by the director on 20 December 2024
 

 

Austin Asset Management Ltd

(Registration number: 06552966)
Balance Sheet as at 30 June 2024

.........................................
Mr Nicholas Michael Austin
Director