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REGISTERED NUMBER: 11339350 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

ASG Quantity Surveying Ltd

ASG Quantity Surveying Ltd (Registered number: 11339350)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASG Quantity Surveying Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr A Groves





REGISTERED OFFICE: 15 Park Street
Abergavenny
Monmouthshire
NP7 5YB





REGISTERED NUMBER: 11339350 (England and Wales)





ACCOUNTANTS: Golden Valley Accountancy Limited
Unit 4
Westwood Industrial Estate
Pontrilas
Herefordshire
HR2 0EL

ASG Quantity Surveying Ltd (Registered number: 11339350)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 503 629

CURRENT ASSETS
Debtors 5 124,589 6,866
Cash at bank - 120,969
124,589 127,835
CREDITORS
Amounts falling due within one year 6 87,647 60,741
NET CURRENT ASSETS 36,942 67,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,445

67,723

CREDITORS
Amounts falling due after more than
one year

7

10,178

16,535
NET ASSETS 27,267 51,188

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,167 51,088
27,267 51,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ASG Quantity Surveying Ltd (Registered number: 11339350)

Balance Sheet - continued
31 May 2024


The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2025 and were signed by:





Mr A Groves - Director


ASG Quantity Surveying Ltd (Registered number: 11339350)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

ASG Quantity Surveying Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

ASG Quantity Surveying Ltd (Registered number: 11339350)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 983
DEPRECIATION
At 1 June 2023 354
Charge for year 126
At 31 May 2024 480
NET BOOK VALUE
At 31 May 2024 503
At 31 May 2023 629

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 124,589 6,866

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,089 5,507
Trade creditors 1,602 2,033
Taxation and social security 56,762 52,166
Other creditors 24,194 1,035
87,647 60,741

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 10,178 16,523
Other creditors - 12
10,178 16,535