IRIS Accounts Production v25.1.0.734 12807828 director 1.8.23 31.7.24 31.7.24 false true false false true false Ordinary Share 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128078282023-07-31128078282024-07-31128078282023-08-012024-07-31128078282022-07-31128078282022-08-012023-07-31128078282023-07-3112807828ns15:EnglandWales2023-08-012024-07-3112807828ns14:PoundSterling2023-08-012024-07-3112807828ns10:Director12023-08-012024-07-3112807828ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112807828ns10:SmallEntities2023-08-012024-07-3112807828ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3112807828ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112807828ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112807828ns10:FullAccounts2023-08-012024-07-3112807828ns10:OrdinaryShareClass12023-08-012024-07-3112807828ns10:RegisteredOffice2023-08-012024-07-3112807828ns5:CurrentFinancialInstruments2024-07-3112807828ns5:CurrentFinancialInstruments2023-07-3112807828ns5:ShareCapital2024-07-3112807828ns5:ShareCapital2023-07-3112807828ns5:RetainedEarningsAccumulatedLosses2024-07-3112807828ns5:RetainedEarningsAccumulatedLosses2023-07-3112807828ns5:FurnitureFittings2023-08-012024-07-3112807828ns5:ComputerEquipment2023-08-012024-07-3112807828ns5:FurnitureFittings2023-07-3112807828ns5:ComputerEquipment2023-07-3112807828ns5:FurnitureFittings2024-07-3112807828ns5:ComputerEquipment2024-07-3112807828ns5:FurnitureFittings2023-07-3112807828ns5:ComputerEquipment2023-07-3112807828ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3112807828ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3112807828ns5:DeferredTaxation2023-07-3112807828ns5:DeferredTaxation2023-08-012024-07-3112807828ns5:DeferredTaxation2024-07-3112807828ns10:OrdinaryShareClass12024-07-3112807828ns5:RetainedEarningsAccumulatedLosses2023-07-3112807828ns5:RetainedEarningsAccumulatedLosses2023-08-012024-07-31
REGISTERED NUMBER: 12807828 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2024

for

Ayling Associates Ltd

Ayling Associates Ltd (Registered number: 12807828)






Contents of the Financial Statements
for the Year Ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ayling Associates Ltd

Company Information
for the Year Ended 31st July 2024







DIRECTOR: Mr C P Ayling





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF





REGISTERED NUMBER: 12807828 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Ayling Associates Ltd (Registered number: 12807828)

Balance Sheet
31st July 2024

31/7/24 31/7/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,467 2,977

CURRENT ASSETS
Debtors 5 2,639 8,165
Cash at bank 13,478 26,009
16,117 34,174
CREDITORS
Amounts falling due within one year 6 3,682 9,123
NET CURRENT ASSETS 12,435 25,051
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,902

28,028

PROVISIONS FOR LIABILITIES 7 469 566
NET ASSETS 14,433 27,462

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 14,423 27,452
SHAREHOLDERS' FUNDS 14,433 27,462

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st July 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.

Ayling Associates Ltd (Registered number: 12807828)

Balance Sheet - continued
31st July 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 4th April 2025 and were signed by:





Mr C P Ayling - Director


Ayling Associates Ltd (Registered number: 12807828)

Notes to the Financial Statements
for the Year Ended 31st July 2024

1. STATUTORY INFORMATION

Ayling Associates 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line over 4 years

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Ayling Associates Ltd (Registered number: 12807828)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st August 2023 202 4,927 5,129
Additions 1,000 - 1,000
At 31st July 2024 1,202 4,927 6,129
DEPRECIATION
At 1st August 2023 88 2,064 2,152
Charge for year 279 1,231 1,510
At 31st July 2024 367 3,295 3,662
NET BOOK VALUE
At 31st July 2024 835 1,632 2,467
At 31st July 2023 114 2,863 2,977

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade debtors 2,639 7,560
Other debtors - 605
2,639 8,165

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 884 1,262
Taxation and social security 1,244 4,413
Other creditors 1,554 3,448
3,682 9,123

7. PROVISIONS FOR LIABILITIES
31/7/24 31/7/23
£    £   
Deferred tax 469 566

Ayling Associates Ltd (Registered number: 12807828)

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

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st August 2023 566
Credit to Statement of Income and Retained Earnings during year (97 )
Balance at 31st July 2024 469

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31/7/24 31/7/23
value: £    £   
10 Ordinary Shares £1 10 10

9. RESERVES
Retained
earnings
£   

At 1st August 2023 27,452
Profit for the year 4,738
Dividends (17,767 )
At 31st July 2024 14,423