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REGISTERED NUMBER: 01069505 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30th September 2024

for

Askew Investments Limited

Askew Investments Limited (Registered number: 01069505)






Contents of the Financial Statements
for the Year Ended 30th September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Askew Investments Limited

Company Information
for the Year Ended 30th September 2024







DIRECTOR: J Askew





SECRETARY: S Cleave





REGISTERED OFFICE: Hawthorn Farm
Lordship Lane
Wistow Lordship
Selby
North Yorkshire
YO8 3RR





REGISTERED NUMBER: 01069505 (England and Wales)





ACCOUNTANTS: Shorts Chartered Accountants
Cedar House
63 Napier Street
Sheffield
S11 8HA

Askew Investments Limited (Registered number: 01069505)

Statement of Financial Position
30th September 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,102 28,851
Investments 5 1,097,140 667,913
1,107,242 696,764

CURRENT ASSETS
Stocks 14,720 -
Debtors 6 539 -
Cash at bank and in hand 649,503 685,812
664,762 685,812
CREDITORS
Amounts falling due within one year 7 6,183 7,270
NET CURRENT ASSETS 658,579 678,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,765,821

1,375,306

PROVISIONS FOR LIABILITIES 3,571 -
NET ASSETS 1,762,250 1,375,306

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Share premium 42,977 42,977
Fair value reserve 473,922 48,266
Retained earnings 1,235,351 1,274,063
SHAREHOLDERS' FUNDS 1,762,250 1,375,306

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

Askew Investments Limited (Registered number: 01069505)

Statement of Financial Position - continued
30th 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th June 2025 and were signed by:





J Askew - Director


Askew Investments Limited (Registered number: 01069505)

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

1. STATUTORY INFORMATION

Askew Investments 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss.If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Askew Investments Limited (Registered number: 01069505)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

2. ACCOUNTING POLICIES - continued

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.

Currency presentation
The financial statements are presented in Sterling (£) which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Financial instruments
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial Instruments.

Financial Instruments are recognised in the company's statement of financial position when it becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st October 2023 133,515 404 133,919
Additions 1,092 - 1,092
Disposals (52,642 ) - (52,642 )
At 30th September 2024 81,965 404 82,369
DEPRECIATION
At 1st October 2023 104,890 178 105,068
Charge for year 3,124 133 3,257
Eliminated on disposal (36,058 ) - (36,058 )
At 30th September 2024 71,956 311 72,267
NET BOOK VALUE
At 30th September 2024 10,009 93 10,102
At 30th September 2023 28,625 226 28,851

Askew Investments Limited (Registered number: 01069505)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st October 2023 667,913
Revaluations 429,227
At 30th September 2024 1,097,140
NET BOOK VALUE
At 30th September 2024 1,097,140
At 30th September 2023 667,913

Cost or valuation at 30th September 2024 is represented by:

Other
investments
£   
Valuation in 2019 48,266
Valuation in 2025 429,227
Cost 619,647
1,097,140

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Other debtors 539 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Taxation and social security 1,423 -
Other creditors 4,760 7,270
6,183 7,270

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
£    £   
10,000 Ordinary £1 10,000 10,000

Askew Investments Limited

Report of the Accountants to the Director of
Askew Investments Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30th September 2024 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Shorts Chartered Accountants
Cedar House
63 Napier Street
Sheffield
S11 8HA


26th June 2025