Registered number
11155600
Ashley Plant and Groundworks Limited
Filleted Accounts
30 April 2024
Ashley Plant and Groundworks Limited
Registered number: 11155600
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 178,955 131,319
Investment property 4 194,873 194,873
373,828 326,192
Current assets
Stocks - 68,250
Debtors 5 66,756 94,339
Cash at bank and in hand 67,884 9,892
134,640 172,481
Creditors: amounts falling due within one year 6 (59,551) (63,188)
Net current assets 75,089 109,293
Total assets less current liabilities 448,917 435,485
Creditors: amounts falling due after more than one year 7 (101,283) (177,480)
Net assets 347,634 258,005
Capital and reserves
Called up share capital 100 100
Profit and loss account 347,534 257,905
Shareholders' funds 347,634 258,005
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Wakelin
Director
Approved by the board on 28 January 2025
Ashley Plant and Groundworks Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years
Motor vehicles over 5 years
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase price and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 7
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 139,305 28,580 167,885
Additions 46,532 20,750 67,282
At 30 April 2024 185,837 49,330 235,167
Depreciation
At 1 May 2023 24,250 12,316 36,566
Charge for the year 13,930 5,716 19,646
At 30 April 2024 38,180 18,032 56,212
Net book value
At 30 April 2024 147,657 31,298 178,955
At 30 April 2023 115,055 16,264 131,319
4 Investment property
Investment
property
£
Fair value
At 1 May 2023 194,873
At 30 April 2024 194,873
Historical cost
At 1 May 2023 194,873
At 30 April 2024 194,873
5 Debtors 2024 2023
£ £
Trade debtors 66,756 94,339
6 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts - 261
Trade creditors 22,478 34,519
Taxation and social security costs 37,073 28,408
59,551 63,188
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 23,061 46,319
Other creditors 78,222 131,161
101,283 177,480
8 Other information
Ashley Plant and Groundworks Limited is a private company limited by shares and incorporated in England. Its registered office is:
Brookhouse Farm
Newcastle Road
Madeley
Cheshire
CW3 9JT
Ashley Plant and Groundworks Limited 11155600 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 D Wakelin No description of principal activity 11155600 2022-05-01 2023-04-30 11155600 core:WithinOneYear 2023-04-30 11155600 core:AfterOneYear 2023-04-30 11155600 core:ShareCapital 2023-04-30 11155600 core:RetainedEarningsAccumulatedLosses 2023-04-30 11155600 2023-05-01 2024-04-30 11155600 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11155600 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11155600 bus:Director40 2023-05-01 2024-04-30 11155600 core:PlantMachinery 2023-05-01 2024-04-30 11155600 core:Vehicles 2023-05-01 2024-04-30 11155600 countries:England 2023-05-01 2024-04-30 11155600 bus:FRS102 2023-05-01 2024-04-30 11155600 bus:FilletedAccounts 2023-05-01 2024-04-30 11155600 2024-04-30 11155600 core:WithinOneYear 2024-04-30 11155600 core:AfterOneYear 2024-04-30 11155600 core:ShareCapital 2024-04-30 11155600 core:RetainedEarningsAccumulatedLosses 2024-04-30 11155600 core:PlantMachinery 2024-04-30 11155600 core:Vehicles 2024-04-30 11155600 2023-04-30 11155600 core:PlantMachinery 2023-04-30 11155600 core:Vehicles 2023-04-30 iso4217:GBP xbrli:pure