Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue2023-08-01falseProperty rental33false 05529234 2023-08-01 2024-07-31 05529234 2022-08-01 2023-07-31 05529234 2024-07-31 05529234 2023-07-31 05529234 c:Director1 2023-08-01 2024-07-31 05529234 d:PlantMachinery 2023-08-01 2024-07-31 05529234 d:OfficeEquipment 2023-08-01 2024-07-31 05529234 d:OtherPropertyPlantEquipment 2024-07-31 05529234 d:OtherPropertyPlantEquipment 2023-07-31 05529234 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 05529234 d:FreeholdInvestmentProperty 2024-07-31 05529234 d:FreeholdInvestmentProperty 2023-07-31 05529234 d:CurrentFinancialInstruments 2024-07-31 05529234 d:CurrentFinancialInstruments 2023-07-31 05529234 d:Non-currentFinancialInstruments 2024-07-31 05529234 d:Non-currentFinancialInstruments 2023-07-31 05529234 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 05529234 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 05529234 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 05529234 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 05529234 d:ShareCapital 2024-07-31 05529234 d:ShareCapital 2023-07-31 05529234 d:InvestmentPropertiesRevaluationReserve 2024-07-31 05529234 d:InvestmentPropertiesRevaluationReserve 2023-07-31 05529234 d:RetainedEarningsAccumulatedLosses 2024-07-31 05529234 d:RetainedEarningsAccumulatedLosses 2023-07-31 05529234 c:FRS102 2023-08-01 2024-07-31 05529234 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05529234 c:FullAccounts 2023-08-01 2024-07-31 05529234 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05529234 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 05529234










ASHTREE UK LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
ASHTREE UK LIMITED
REGISTERED NUMBER: 05529234

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
3,809
4,661

Investment property
 5 
350,000
350,000

  
353,809
354,661

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
20,051
15,882

Cash at bank and in hand
 7 
14,950
5,803

  
35,001
21,685

Creditors: amounts falling due within one year
 8 
(14,223)
(12,516)

NET CURRENT ASSETS
  
 
 
20,778
 
 
9,169

TOTAL ASSETS LESS CURRENT LIABILITIES
  
374,587
363,830

Creditors: amounts falling due after more than one year
 9 
(351,261)
(346,785)

  

NET ASSETS
  
23,326
17,045


CAPITAL AND RESERVES
  

Called up share capital 
  
2
2

Investment property reserve
  
58,504
58,504

Profit and loss account
  
(35,180)
(41,461)

  
23,326
17,045


Page 1

 
ASHTREE UK LIMITED
REGISTERED NUMBER: 05529234
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr R M Atkinson
Director

Date: 13 February 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ASHTREE UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


GENERAL INFORMATION

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
Red Lodge
1 Carisbrooke Road
Hartlepool
TS26 0AB

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

REVENUE

Turnover comprises revenue recognised by the company in respect of rents received and services supplied during the year, exclusive of Value Added Tax.

 
2.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
20% straight line & 5% straight line
Office equipment
-
20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 
ASHTREE UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the directors using an open market value for existing use basis. No depreciation is provided. Changes in fair value are recognised in profit or loss. 


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


TANGIBLE FIXED ASSETS





Other fixed assets

£



Cost


At 1 August 2023
15,655



At 31 July 2024

15,655



Depreciation


At 1 August 2023
10,994


Charge for the year on owned assets
852



At 31 July 2024

11,846



Net book value



At 31 July 2024
3,809



At 31 July 2023
4,661

Page 4

 
ASHTREE UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


INVESTMENT PROPERTY


Freehold investment property

£



Valuation


At 1 August 2023
350,000



At 31 July 2024
350,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 August 2023
58,504
58,504

At 31 July 2024
58,504
58,504





6.


DEBTORS

2024
2023
£
£


Trade debtors
12,367
6,557

Other debtors
7,684
9,325

20,051
15,882



7.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
14,950
5,803

14,950
5,803


Page 5

 
ASHTREE UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


CREDITORS: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,431
2,552

Other taxation and social security
3,727
2,840

Other creditors
4,674
3,659

Accruals and deferred income
3,391
3,465

14,223
12,516



9.


CREDITORS: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
351,261
346,785

351,261
346,785



10.


RELATED PARTY TRANSACTIONS

At 31 July 2024, the company owed the following amounts to directors:-


2024
2023
£
£

Mr R M Atkinson
146,161
151,226
Mrs S D Atkinson
205,100
195,559
351,261
346,785

 
Page 6