IRIS Accounts Production v25.1.3.33 09714126 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097141262023-09-30097141262024-09-30097141262023-10-012024-09-30097141262022-09-30097141262022-10-012023-09-30097141262023-09-3009714126ns15:EnglandWales2023-10-012024-09-3009714126ns14:PoundSterling2023-10-012024-09-3009714126ns10:Director12023-10-012024-09-3009714126ns10:Director22023-10-012024-09-3009714126ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3009714126ns10:SmallEntities2023-10-012024-09-3009714126ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3009714126ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3009714126ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3009714126ns10:FullAccounts2023-10-012024-09-300971412612023-10-012024-09-3009714126ns10:OrdinaryShareClass12023-10-012024-09-3009714126ns10:RegisteredOffice2023-10-012024-09-3009714126ns5:CurrentFinancialInstruments2024-09-3009714126ns5:CurrentFinancialInstruments2023-09-3009714126ns5:Non-currentFinancialInstruments2024-09-3009714126ns5:Non-currentFinancialInstruments2023-09-3009714126ns5:ShareCapital2024-09-3009714126ns5:ShareCapital2023-09-3009714126ns5:RetainedEarningsAccumulatedLosses2024-09-3009714126ns5:RetainedEarningsAccumulatedLosses2023-09-3009714126ns5:NetGoodwill2023-10-012024-09-3009714126ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3009714126ns5:PlantMachinery2023-10-012024-09-3009714126ns5:FurnitureFittings2023-10-012024-09-3009714126ns5:MotorVehicles2023-10-012024-09-3009714126ns5:NetGoodwill2023-09-3009714126ns5:NetGoodwill2024-09-3009714126ns5:NetGoodwill2023-09-3009714126ns5:LeaseholdImprovements2023-09-3009714126ns5:PlantMachinery2023-09-3009714126ns5:FurnitureFittings2023-09-3009714126ns5:MotorVehicles2023-09-3009714126ns5:LeaseholdImprovements2023-10-012024-09-3009714126ns5:LeaseholdImprovements2024-09-3009714126ns5:PlantMachinery2024-09-3009714126ns5:FurnitureFittings2024-09-3009714126ns5:MotorVehicles2024-09-3009714126ns5:LeaseholdImprovements2023-09-3009714126ns5:PlantMachinery2023-09-3009714126ns5:FurnitureFittings2023-09-3009714126ns5:MotorVehicles2023-09-3009714126ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3009714126ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3009714126ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3009714126ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3009714126ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-3009714126ns5:LeasedAssetsHeldAsLessee2024-09-3009714126ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:LeasedAssetsHeldAsLessee2023-09-3009714126ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3009714126ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3009714126ns5:DeferredTaxation2024-09-3009714126ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 09714126 (England and Wales)






















A J Ashcroft & Sons Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2024






A J Ashcroft & Sons Ltd (Registered number: 09714126)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J Ashcroft & Sons Ltd

Company Information
for the year ended 30 September 2024







DIRECTORS: R J Ashcroft
P M Ashcroft





REGISTERED OFFICE: 13a Duke Street
Southport
Merseyside
PR8 1LS





REGISTERED NUMBER: 09714126 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

A J Ashcroft & Sons Ltd (Registered number: 09714126)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 296,562 280,526
296,562 280,526

CURRENT ASSETS
Inventories 8,945 32,550
Debtors 6 124,806 82,373
133,751 114,923
CREDITORS
Amounts falling due within one year 7 (211,778 ) (305,151 )
NET CURRENT LIABILITIES (78,027 ) (190,228 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,535

90,298

CREDITORS
Amounts falling due after more than one year 8 (125,631 ) (87,501 )

PROVISIONS FOR LIABILITIES 10 (64,629 ) -
NET ASSETS 28,275 2,797

CAPITAL AND RESERVES
Called up share capital 11 300 300
Retained earnings 27,975 2,497
SHAREHOLDERS' FUNDS 28,275 2,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

A J Ashcroft & Sons Ltd (Registered number: 09714126)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:




R J Ashcroft - Director



P M Ashcroft - Director


A J Ashcroft & Sons Ltd (Registered number: 09714126)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

A J Ashcroft & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

A J Ashcroft & Sons Ltd (Registered number: 09714126)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2023 66,000
Disposals (66,000 )
At 30 September 2024 -
AMORTISATION
At 1 October 2023 66,000
Eliminated on disposal (66,000 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Improvements Plant and and Motor
to property machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1 October 2023 15,566 555,338 4,314 128,923 704,141
Additions - 83,824 - - 83,824
Disposals - (34,426 ) (76 ) (8,745 ) (43,247 )
At 30 September 2024 15,566 604,736 4,238 120,178 744,718
DEPRECIATION
At 1 October 2023 - 336,322 2,435 84,858 423,615
Charge for year - 43,810 279 7,693 51,782
Eliminated on disposal - (24,037 ) (56 ) (3,148 ) (27,241 )
At 30 September 2024 - 356,095 2,658 89,403 448,156
NET BOOK VALUE
At 30 September 2024 15,566 248,641 1,580 30,775 296,562
At 30 September 2023 15,566 219,016 1,879 44,065 280,526

A J Ashcroft & Sons Ltd (Registered number: 09714126)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

5. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1 October 2023 46,175 40,290 86,465
Additions 77,500 - 77,500
Disposals - (8,745 ) (8,745 )
Transfer to ownership - (20,800 ) (20,800 )
At 30 September 2024 123,675 10,745 134,420
DEPRECIATION
At 1 October 2023 14,819 17,167 31,986
Charge for year 16,328 3,505 19,833
Eliminated on disposal - (3,148 ) (3,148 )
Transfer to ownership - (12,280 ) (12,280 )
At 30 September 2024 31,147 5,244 36,391
NET BOOK VALUE
At 30 September 2024 92,528 5,501 98,029
At 30 September 2023 31,356 23,123 54,479

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Trade debtors 81,863 46,039
Other debtors 42,943 36,334
124,806 82,373

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Bank loans and overdrafts 65,236 60,546
Hire purchase contracts 29,341 21,965
Trade creditors 29,530 54,041
Taxation and social security 24,287 23,686
Other creditors 63,384 144,913
211,778 305,151

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£ £
Bank loans 27,404 32,855
Hire purchase contracts 62,930 18,641
Other creditors 35,297 36,005
125,631 87,501

9. SECURED DEBTS

The company's banking facilities are secured by way of a fixed and floating charge.

A J Ashcroft & Sons Ltd (Registered number: 09714126)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

10. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£ £
Deferred tax 64,629 -

Deferred tax
£
Movement in year 64,629
Balance at 30 September 2024 64,629

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £ £
300 Ordinary £1 300 300