Company Registration No. 14536200 (England and Wales)
Ashcroft Restoration Clean Limited
Unaudited accounts
for the year ended 31 December 2024
Ashcroft Restoration Clean Limited
Statement of financial position
as at 31 December 2024
Tangible assets
24,627
32,134
Cash at bank and in hand
19,625
48,606
Creditors: amounts falling due within one year
(27,870)
(25,609)
Net current assets
34,351
29,606
Total assets less current liabilities
58,978
61,740
Creditors: amounts falling due after more than one year
(16,641)
(22,346)
Called up share capital
1
1
Profit and loss account
42,336
39,393
Shareholders' funds
42,337
39,394
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 4 February 2025 and were signed on its behalf by
T Ashcroft
Director
Company Registration No. 14536200
Ashcroft Restoration Clean Limited
Notes to the Accounts
for the year ended 31 December 2024
Ashcroft Restoration Clean Limited is a private company, limited by shares, registered in England and Wales, registration number 14536200. The registered office is C/O Lelliott & Co Heath Place, Ash Grove, Bognor Regis, PO22 9SL, ENGLAND.
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% straight line
Computer equipment
25% straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Ashcroft Restoration Clean Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
32,179
833
33,012
At 31 December 2024
32,179
1,666
33,845
At 1 January 2024
670
208
878
Charge for the year
8,045
295
8,340
At 31 December 2024
8,715
503
9,218
At 31 December 2024
23,464
1,163
24,627
At 31 December 2023
31,509
625
32,134
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
23,464
31,509
Amounts falling due within one year
Accrued income and prepayments
690
640
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,705
5,705
Taxes and social security
19,662
6,462
Loans from directors
-
6,821
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,641
22,346
Ashcroft Restoration Clean Limited
Notes to the Accounts
for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).