2023-09-01 08177879 2024-08-31 08177879 2023-09-01 2024-08-31 08177879 2023-08-31 08177879 2022-09-01 2023-08-31 08177879 uk-core:WithinOneYear 2023-08-31 08177879 uk-core:WithinOneYear 2024-08-31 08177879 uk-core:ShareCapital 2024-08-31 08177879 uk-core:ShareCapital 2023-08-31 08177879 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 08177879 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 08177879 uk-bus:Director1 2023-09-01 2024-08-31 08177879 uk-core:ToolsEquipment 2023-09-01 2024-08-31 08177879 uk-core:CommercialMotorVehicles 2023-09-01 2024-08-31 08177879 uk-core:CommercialMotorVehicles 2023-08-31 08177879 uk-core:ToolsEquipment 2023-08-31 08177879 uk-core:ToolsEquipment 2024-08-31 08177879 uk-core:CommercialMotorVehicles 2024-08-31 iso4217:GBP xbrli:pure 08177879 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08177879 uk-bus:FRS102 2023-09-01 2024-08-31 08177879 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 08177879 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
ASA PROPERTY SOLUTIONS LTD
Registered Number:08177879
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
ASA PROPERTY SOLUTIONS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08177879
As at 31 August 2024
ASA PROPERTY SOLUTIONS LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,234
2,471
2
3,234
2,471
Current assets
Trade and other receivables
15,000
2,000
3
5,229
Cash and cash equivalents
1,561
3,561
20,229
Trade and other payables: amounts falling due within one
year
(5,277)
(3,511)
4
14,952
50
Net current assets
Total assets less current liabilities
3,284
17,423
3,284
Net assets
17,423
Capital and reserves
Called up share capital
2
2
Retained earnings
3,282
17,421
3,284
17,423
Shareholders' funds
For the year ended 31 August 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MR S AL-NAKKASH Director
These financial statements were approved and authorised for issue by the Board on 09 May 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 August 2024
ASA PROPERTY SOLUTIONS LTD
Notes to the Financial Statements
Statutory Information
ASA PROPERTY SOLUTIONS LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08177879.
Registered address:
UNIT 2 HUNTERS BUILDINGS
BOWESFIELD LANE
STOCKTON
TS18 3QZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, 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:
Tools and equipment
25% Reducing balance
25% Reducing balance
Motor Vehicles
2. Property, plant and equipment
Total
Motor
Vehicles
Tools and
equipment
£
£
£
Cost or
valuation
At 01 September 2023
7,758
3,115
4,643
1,847
-
1,847
Additions
(3,115)
-
Disposals
(3,115)
At 31 August 2024
6,490
-
6,490
Provision for depreciation and impairment
At 01 September 2023
5,287
2,839
2,448
Charge for year
1,084
276
808
(3,115)
(3,115)
-
On disposal
At 31 August 2024
3,256
-
3,256
At 31 August 2024
Net book value
3,234
-
3,234
At 31 August 2023
2,195
276
2,471
2 of 3
5
For the year ended 31 August 2024
ASA PROPERTY SOLUTIONS LTD
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
15,000
Amounts owed by group undertakings and participating interests
2,000
-
15,000
2,000
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
2,040
4,706
Accruals and deferred income
500
400
Directors' loan accounts
971
171
3,511
5,277
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3