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REGISTERED NUMBER: 09717117 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ASHLANE LIMITED

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASHLANE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mrs D M Mushinkova





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 09717117 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 20,291 25,510

CURRENT ASSETS
Debtors 5 51,983 30,696

CREDITORS
Amounts falling due within one year 6 167,210 126,956
NET CURRENT LIABILITIES (115,227 ) (96,260 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(94,936

)

(70,750

)

CREDITORS
Amounts falling due after more than one
year

7

9,508

11,508
NET LIABILITIES (104,444 ) (82,258 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (104,544 ) (82,358 )
SHAREHOLDERS' FUNDS (104,444 ) (82,258 )

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

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 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.

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

BALANCE SHEET - continued
31 AUGUST 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 27 May 2025 and were signed by:





Mrs D M Mushinkova - Director


ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Ashlane Limited 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 includes revenue earned from the rendering of services which is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. This is stated after trade discounts, other sales taxes and net of VAT.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

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.

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 3 (2023 - 3 ) .

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 2,181 55,692 14,131 72,004
Additions - - 916 916
Disposals - - (1,274 ) (1,274 )
At 31 August 2024 2,181 55,692 13,773 71,646
DEPRECIATION
At 1 September 2023 1,156 38,149 7,189 46,494
Charge for year 205 3,509 1,359 5,073
Eliminated on disposal - - (212 ) (212 )
At 31 August 2024 1,361 41,658 8,336 51,355
NET BOOK VALUE
At 31 August 2024 820 14,034 5,437 20,291
At 31 August 2023 1,025 17,543 6,942 25,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 24,514 17,544
VAT 2,722 1,233
Prepayments and accrued income 24,747 11,919
51,983 30,696

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts (see note 8) 31,903 25,334
Trade creditors 13,650 10,180
Social security and other taxes 93,070 78,894
Net Wages - 2,531
Directors' current accounts 26,132 8,217
Accrued expenses 2,455 1,800
167,210 126,956

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans (see note 8) 9,508 11,508

ASHLANE LIMITED (REGISTERED NUMBER: 09717117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.8.24 31.8.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,508 3,508

8. LOANS

An analysis of the maturity of loans is given below:

31.8.24 31.8.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 29,903 23,334
Bank loans 2,000 2,000
31,903 25,334

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,000 2,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 6,000 6,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,508 3,508

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary 1 100 100