Company Registration No. 5550863 (England and Wales)
ASHDOWN CONSTRUCTION GROUP LIMITED
Unaudited accounts
for the year ended 31 August 2024
ASHDOWN CONSTRUCTION GROUP LIMITED
Unaudited accounts
Contents
ASHDOWN CONSTRUCTION GROUP LIMITED
Company Information
for the year ended 31 August 2024
Directors
Michael Gibbon
Howard Gibbon
Joshua Gibbon
Company Number
5550863 (England and Wales)
Registered Office
Unit 32 Vale Business Park
Llandow
Cowbridge
CF71 7PF
Wales
ASHDOWN CONSTRUCTION GROUP LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
96,325
98,729
Inventories
155,000
128,000
Cash at bank and in hand
77,909
46,157
Creditors: amounts falling due within one year
(287,031)
(147,538)
Net current assets
107,568
111,162
Total assets less current liabilities
203,893
209,891
Creditors: amounts falling due after more than one year
(63,475)
(69,433)
Net assets
140,418
140,458
Called up share capital
2
2
Profit and loss account
140,416
140,456
Shareholders' funds
140,418
140,458
For the year ending 31 August 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 29 January 2025 and were signed on its behalf by
Michael Gibbon
Director
Company Registration No. 5550863
ASHDOWN CONSTRUCTION GROUP LIMITED
Notes to the Accounts
for the year ended 31 August 2024
ASHDOWN CONSTRUCTION GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5550863. The registered office is Unit 32 Vale Business Park, Llandow, Cowbridge, CF71 7PF, Wales.
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:
Fixtures & fittings
5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
20,000
At 1 September 2023
20,000
ASHDOWN CONSTRUCTION GROUP LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
85,891
124,027
7,037
216,955
Additions
9,550
25,980
1,614
37,144
At 31 August 2024
95,441
150,007
8,651
254,099
At 1 September 2023
75,403
36,793
6,030
118,226
Charge for the year
6,822
32,191
535
39,548
At 31 August 2024
82,225
68,984
6,565
157,774
At 31 August 2024
13,216
81,023
2,086
96,325
At 31 August 2023
10,488
87,234
1,007
98,729
Amounts falling due within one year
Trade debtors
161,690
82,987
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,578
5,578
Obligations under finance leases and hire purchase contracts
19,397
19,397
Trade creditors
177,109
98,818
Taxes and social security
21,601
12,123
Other creditors
9,290
4,783
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
33,165
33,481
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).