2023-04-01 2024-03-31 false Capium Accounts Production 1.1 08682375 2023-04-01 2024-03-31 08682375 bus:AbridgedAccounts 2023-04-01 2024-03-31 08682375 bus:FRS102 2023-04-01 2024-03-31 08682375 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08682375 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08682375 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08682375 2023-04-01 2024-03-31 08682375 2024-03-31 08682375 bus:RegisteredOffice 2023-04-01 2024-03-31 08682375 core:WithinOneYear 2024-03-31 08682375 core:AfterOneYear 2024-03-31 08682375 1 2023-04-01 2024-03-31 08682375 bus:Director1 2023-04-01 2024-03-31 08682375 bus:Director1 2024-03-31 08682375 bus:Director1 2022-04-01 2023-03-31 08682375 2022-04-01 08682375 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 08682375 2022-04-01 2023-03-31 08682375 2023-03-31 08682375 core:WithinOneYear 2023-03-31 08682375 core:AfterOneYear 2023-03-31 08682375 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 08682375 core:FurnitureFittings 2023-04-01 2024-03-31 08682375 core:FurnitureFittings 2024-03-31 08682375 core:FurnitureFittings 2023-03-31 08682375 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 08682375 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 08682375 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 08682375 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 08682375 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 08682375 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 08682375 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 08682375 core:Non-currentFinancialInstruments 2024-03-31 08682375 core:Non-currentFinancialInstruments 2023-03-31 08682375 core:ShareCapital 2024-03-31 08682375 core:ShareCapital 2023-03-31 08682375 core:RetainedEarningsAccumulatedLosses 2024-03-31 08682375 core:RetainedEarningsAccumulatedLosses 2023-03-31 08682375 dpl:Item1 2023-04-01 08682375 dpl:Item1 2024-03-31 08682375 dpl:Item1 2022-04-01 08682375 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08682375


 

 

 

ASCOT BRISTOL COMPANY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 1,811    598 
1,811    598 
Current assets      
Stocks 3,175,236    2,727,712 
Debtors: amounts falling due within one year 21,586    7,302 
Cash at bank and in hand 17,668    8,125 
3,214,490    2,743,139 
Creditors: amount falling due within one year (1,330,570)   (1,066,768)
Net current assets 1,883,920    1,676,371 
 
Total assets less current liabilities 1,885,731    1,676,969 
Creditors: amount falling due after more than one year (804,878)   (389,228)
Net assets 1,080,853    1,287,741 
 

Capital and reserves
     
Called up share capital 10    10 
Profit and loss account 1,080,843    1,287,731 
Shareholders' funds 1,080,853    1,287,741 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 13 February 2025 and were signed by:


-------------------------------
Anwar Saeed
Director
1
General Information
ASCOT BRISTOL COMPANY LIMITED is a private company, limited by shares, registered in , registration number 08682375, registration address 10 CAVIE CLOSE, NINE ELMS, SWINDON, SN5 5XD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Cost of sales
In the previous years accounts any acquisition of freehold / leasehold interest and improvement costs have been capitalized as an addition to land and buildings. However due to the fact that the company is involved in buying the land and building, improve them with an intention to sale to the market.  

The directors have therefore decided to transfer the land and building  from fixed assets category to the Stock /Purchase.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 20 Reducing Balance
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.

Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.

Average number of employees

Average number of employees during the year was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Total
  £   £
At 01 April 2023 1,490    1,490 
Additions 1,332    1,332 
Disposals  
At 31 March 2024 2,822    2,822 
Depreciation
At 01 April 2023 892    892 
Charge for year 119    119 
On disposals  
At 31 March 2024 1,011    1,011 
Net book values
Closing balance as at 31 March 2024 1,811    1,811 
Opening balance as at 01 April 2023 598    598 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 April 2023  
Additions 122,667    122,667 
Transfer to/from tangible fixed assets  
Disposals (122,667)   (122,667)
At 31 March 2024  

2