0 0 Ashfield Trading Estate Management Company Ltd 03818793 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is management, administration and maintenance of the common parts on Ashfield Trading Estate, Ashfield Road, Salisbury, Wiltshire, SP2 7HL , administration of variable service charges as agents of the statutory trust for the property owners on Ashfield Trading Estate. Digita Accounts Production Advanced 6.30.9574.0 true 03818793 2024-01-01 2024-12-31 03818793 2024-12-31 03818793 bus:OrdinaryShareClass1 bus:OtherShareType 2024-12-31 03818793 core:ShareCapital 2024-12-31 03818793 core:CurrentFinancialInstruments 2024-12-31 03818793 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 03818793 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 03818793 bus:SmallEntities 2024-01-01 2024-12-31 03818793 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03818793 bus:FilletedAccounts 2024-01-01 2024-12-31 03818793 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03818793 bus:RegisteredOffice 2024-01-01 2024-12-31 03818793 bus:Director1 2024-01-01 2024-12-31 03818793 bus:Director2 2024-01-01 2024-12-31 03818793 bus:Director3 2024-01-01 2024-12-31 03818793 bus:OrdinaryShareClass1 bus:OtherShareType 2024-01-01 2024-12-31 03818793 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03818793 bus:Agent1 2024-01-01 2024-12-31 03818793 core:LandBuildings 2024-01-01 2024-12-31 03818793 countries:UnitedKingdom 2024-01-01 2024-12-31 03818793 2023-12-31 03818793 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 03818793 2023-01-01 2023-12-31 03818793 2023-12-31 03818793 bus:OrdinaryShareClass1 bus:OtherShareType 2023-12-31 03818793 core:ShareCapital 2023-12-31 03818793 core:CurrentFinancialInstruments 2023-12-31 03818793 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 03818793 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 03818793

Ashfield Trading Estate Management Company Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Ashfield Trading Estate Management Company Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Ashfield Trading Estate Management Company Ltd

Company Information

Directors

Mr M P Sales

Mr C Avery

Mr D Goodrich

Registered office

51-61 Castle Street
Salisbury
Wiltshire
SP1 3SU

Accountants

Numeric Accounting
Chartered Certified AccountantsSuite 1 The Portway Centre
Old Sarum Park
Old Sarum
Salisbury
Wiltshire
SP4 6EB

 

Ashfield Trading Estate Management Company Ltd

(Registration number: 03818793)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,492

1,492

Current assets

 

Debtors

5

4,328

2,780

Creditors: Amounts falling due within one year

6

(5,692)

(4,144)

Net current liabilities

 

(1,364)

(1,364)

Net assets

 

128

128

Capital and reserves

 

Called up share capital

7

128

128

Shareholders' funds

 

128

128

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 March 2025 and signed on its behalf by:
 

.........................................
Mr C Avery
Director

 

Ashfield Trading Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
51-61 Castle Street
Salisbury
Wiltshire
SP1 3SU

These financial statements were authorised for issue by the Board on 21 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Ashfield Trading Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2

Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and Building

No Depreciation

Financial instruments

Classification
A financial instrument is a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
 Recognition and measurement
When a financial asset or financial liability is recognised initially, the entity shall measure it at the transaction price unless the arrangement constitutes, in effect, a financing transaction. An arrangement constitutes a financing transaction if payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

At the end of each reporting period, an entity shall measure all financial instruments which constitute a financing arrangement at fair value and recognise changes in fair value in profit or loss.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

Ashfield Trading Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2024

1,492

1,492

At 31 December 2024

1,492

1,492

Depreciation

Carrying amount

At 31 December 2024

1,492

1,492

At 31 December 2023

1,492

1,492

Included within the net book value of land and buildings above is £1,492 (2023 - £1,492) in respect of freehold land and buildings.
 

5

Debtors

Current

2024
£

2023
£

Trade debtors

4,111

2,764

Other debtors

217

16

 

4,328

2,780

 

Ashfield Trading Estate Management Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

240

376

Other creditors

5,452

3,768

5,692

4,144

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

128

128

128

128

       


8 Income Statement

The company has no income or expenditure in its own right from which it derives economic benefit. All transactions in the year relate to maintenance of the common parts in accordance with the lease.

Whilst certain contracts are entered into in the name of the company, the execution of these contracts and settlement of the liabilities arising are made through the service charge account.

Income and expenditure arising from these transactions is shown in separate service charge accounts for Ashfield Trading Estate that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the property owners of Ashfield Trading Estate are held on trust for the property owners.