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REGISTERED NUMBER: 10151964 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 April 2024

for

AS( (Wales) Ltd

AS( (Wales) Ltd (Registered number: 10151964)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


AS( (Wales) Ltd (Registered number: 10151964)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 172,268 184,768
Tangible assets 5 462,790 18,213
635,058 202,981

CURRENT ASSETS
Stocks 105,000 120,000
Debtors 6 13,496 18,100
Cash at bank and in hand 52,660 296,822
171,156 434,922
CREDITORS
Amounts falling due within one year 7 351,045 250,396
NET CURRENT (LIABILITIES)/ASSETS (179,889 ) 184,526
TOTAL ASSETS LESS CURRENT LIABILITIES 455,169 387,507

CREDITORS
Amounts falling due after more than one year 8 9,857 19,735
NET ASSETS 445,312 367,772

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 445,311 367,771
SHAREHOLDERS' FUNDS 445,312 367,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





S Kumar - Director


AS( (Wales) Ltd (Registered number: 10151964)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

AS( (Wales) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10151964

Registered office: 16 Lon-Yr-Awel
Pontyclun
CF72 9AW

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AS( (Wales) Ltd (Registered number: 10151964)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 228,268
AMORTISATION
At 1 May 2023 43,500
Charge for year 12,500
At 30 April 2024 56,000
NET BOOK VALUE
At 30 April 2024 172,268
At 30 April 2023 184,768

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short and
property leasehold fittings Totals
£    £    £    £   
COST
At 1 May 2023 - 1 39,220 39,221
Additions 410,955 - 46,580 457,535
At 30 April 2024 410,955 1 85,800 496,756
DEPRECIATION
At 1 May 2023 - - 21,008 21,008
Charge for year - - 12,958 12,958
At 30 April 2024 - - 33,966 33,966
NET BOOK VALUE
At 30 April 2024 410,955 1 51,834 462,790
At 30 April 2023 - 1 18,212 18,213

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 13,496 18,100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 91,723 44,286
Trade creditors 133,036 105,701
Taxation and social security 63,167 87,186
Other creditors 63,119 13,223
351,045 250,396

AS( (Wales) Ltd (Registered number: 10151964)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 9,857 19,735

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 shares 1 1 1

10. ULTIMATE CONTROLLING PARTY

The controlling party is S Kumar.