Ashenden Architecture Ltd 09802770 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is architectural services Digita Accounts Production Advanced 6.30.9574.0 true 09802770 2023-10-01 2024-09-30 09802770 2024-09-30 09802770 bus:Director1 1 2024-09-30 09802770 core:RetainedEarningsAccumulatedLosses 2024-09-30 09802770 core:ShareCapital 2024-09-30 09802770 core:CurrentFinancialInstruments 2024-09-30 09802770 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09802770 core:FurnitureFittingsToolsEquipment 2024-09-30 09802770 bus:SmallEntities 2023-10-01 2024-09-30 09802770 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09802770 bus:FilletedAccounts 2023-10-01 2024-09-30 09802770 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09802770 bus:RegisteredOffice 2023-10-01 2024-09-30 09802770 bus:Director1 2023-10-01 2024-09-30 09802770 bus:Director1 1 2023-10-01 2024-09-30 09802770 bus:Director2 2023-10-01 2024-09-30 09802770 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09802770 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09802770 bus:Agent1 2023-10-01 2024-09-30 09802770 core:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 09802770 core:ShareCapital 2023-10-01 2024-09-30 09802770 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09802770 core:OfficeEquipment 2023-10-01 2024-09-30 09802770 countries:EnglandWales 2023-10-01 2024-09-30 09802770 2023-09-30 09802770 bus:Director1 1 2023-09-30 09802770 core:RetainedEarningsAccumulatedLosses 2023-09-30 09802770 core:ShareCapital 2023-09-30 09802770 core:FurnitureFittingsToolsEquipment 2023-09-30 09802770 2022-10-01 2023-09-30 09802770 2023-09-30 09802770 bus:Director1 1 2023-09-30 09802770 core:CurrentFinancialInstruments 2023-09-30 09802770 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09802770 core:FurnitureFittingsToolsEquipment 2023-09-30 09802770 bus:Director1 1 2022-10-01 2023-09-30 09802770 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 09802770 core:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 09802770 core:ShareCapital 2022-10-01 2023-09-30 09802770 2022-09-30 09802770 bus:Director1 1 2022-09-30 09802770 core:RetainedEarningsAccumulatedLosses 2022-09-30 09802770 core:ShareCapital 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 09802770

Ashenden Architecture Ltd

Unaudited Filleted Financial Statements

Pages for filing with the Registrar

for the Year Ended 30 September 2024

 

Ashenden Architecture Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Statement of Changes in Equity

4

Notes to the Unaudited Financial Statements

5 to 10

 

Ashenden Architecture Ltd

Company Information

Directors

Mr P M Ashenden

Mrs A R Ashenden

Registered office

Unit 14, Riduna Park
Station Road
Melton
Woodbridge
Suffolk
IP12 1QT

Accountants

Oxlade & Bond Limited
Chartered Certified AccountantsUnit 14, Riduna Park
Station Road
Melton
Woodbridge
Suffolk
IP12 1QT

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Ashenden Architecture Ltd
for the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ashenden Architecture Ltd for the year ended 30 September 2024 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Ashenden Architecture Ltd, as a body, in accordance with the terms of our engagement letter dated 13 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of Ashenden Architecture Ltd and state those matters that we have agreed to state to the Board of Directors of Ashenden Architecture Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashenden Architecture Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Ashenden Architecture Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ashenden Architecture Ltd. You consider that Ashenden Architecture Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Ashenden Architecture Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Oxlade & Bond Limited
Chartered Certified Accountants
Unit 14, Riduna Park
Station Road
Melton
Woodbridge
Suffolk
IP12 1QT

22 April 2025

 

Ashenden Architecture Ltd

(Registration number: 09802770)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,488

1,399

Current assets

 

Debtors

5

28,319

35,017

Cash at bank and in hand

 

19,781

-

 

48,100

35,017

Creditors: Amounts falling due within one year

6

(41,168)

(36,067)

Net current assets/(liabilities)

 

6,932

(1,050)

Total assets less current liabilities

 

8,420

349

Provisions for liabilities (deferred taxation)

(327)

(187)

Net assets

 

8,093

162

Capital and reserves

 

Called up share capital

100

100

Retained earnings

7,993

62

Shareholders' funds

 

8,093

162

For the financial year ending 30 September 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 22 April 2025 and signed on its behalf by:
 

.........................................
Mr P M Ashenden
Director

 

Ashenden Architecture Ltd

Statement of Changes in Equity for the Year Ended 30 September 2024

Called up share capital
£

Profit and loss account
£

Total Equity
£

At 1 October 2023

100

62

162

Profit for the year

-

56,831

56,831

Total comprehensive income

-

56,831

56,831

Dividends

-

(48,900)

(48,900)

At 30 September 2024

100

7,993

8,093

Called up share capital
£

Profit and loss account
£

Total Equity
£

At 1 October 2022

100

-

100

Profit for the year

-

67,062

67,062

Total comprehensive income

-

67,062

67,062

Dividends

-

(67,000)

(67,000)

At 30 September 2023

100

62

162

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 14, Riduna Park
Station Road
Melton
Woodbridge
Suffolk
IP12 1QT
United Kingdom

The principal place of business is:
78 Victoria Road
Woodbridge
Suffolk
IP12 1EL

These financial statements were authorised for issue by the Board on 22 April 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.

The financial statements are prepared in £ sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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.

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Office equipment
£

Total
£

Cost

At 1 October 2023

3,403

3,403

Additions

541

541

At 30 September 2024

3,944

3,944

Depreciation

At 1 October 2023

2,004

2,004

Charge for the year

452

452

At 30 September 2024

2,456

2,456

Carrying amount

At 30 September 2024

1,488

1,488

At 30 September 2023

1,399

1,399

5

Debtors

2024
£

2023
£

Trade debtors

26,386

21,317

Prepayments

1,933

1,603

Other debtors

-

12,097

28,319

35,017

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

-

2,979

Trade creditors

 

-

1,948

Taxation and social security

 

36,795

28,969

Accruals and deferred income

 

2,472

2,171

Other creditors

 

1,901

-

 

41,168

36,067

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

7

Reserves

The profit and loss reserves of the company are fully distributable.

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

-

2,979

9

Dividends

Interim dividends paid

2024
£

2023
£

Interim dividend of £489.00 (2023 - £670.00) per each ordinary

48,900

67,000

 

 

10

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,250 (2023 - £1,250). The commitments not included in the balance sheet relate to the operating lease commitments in respect of the total lease payments payable by the company to the end of the lease on the business premises.

 

Ashenden Architecture Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

11

Related party transactions

Transactions with directors

2024

At 1 October 2023
£

Advances to director
£

Repayments by director
£

At 30 September 2024
£

Mr P M Ashenden

Loan advance to director

9,044

4,434

(15,379)

(1,901)

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Mr P M Ashenden

Loan advance to director

20,545

48,499

(60,000)

9,044

Other transactions with directors

Included in other creditors at the 30th September 2024 is the sum of £1,901 (2023 debtor balance of £9,044) owed to the director, Mr P Ashenden, by the company. This is in respect of expenses paid personally by the director which were outstanding to him at the year end.

The director has not charged interest on this loan made to the company.