| REGISTERED NUMBER: |
| Financial Statements for the Period 1 August 2023 to 31 January 2025 |
| for |
| Ashfield Ventures Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Period 1 August 2023 to 31 January 2025 |
| for |
| Ashfield Ventures Limited |
| Ashfield Ventures Limited (Registered number: 08670689) |
| Contents of the Financial Statements |
| for the Period 1 August 2023 to 31 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Ashfield Ventures Limited |
| Company Information |
| for the Period 1 August 2023 to 31 January 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 116 Duke Street |
| Liverpool |
| Merseyside |
| L1 5JW |
| Ashfield Ventures Limited (Registered number: 08670689) |
| Balance Sheet |
| 31 January 2025 |
| 31.1.25 | 31.7.23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Ashfield Ventures Limited (Registered number: 08670689) |
| Notes to the Financial Statements |
| for the Period 1 August 2023 to 31 January 2025 |
| 1. | STATUTORY INFORMATION |
| Ashfield Ventures Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Management has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern. |
| Significant judgements and estimates |
| There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements. |
| Turnover |
| Turnover is the fair value of consideration received or receivable from the supply of accounting services excluding discounts, vat and rebates. Turnover is recognised during the course of the contract based on measured works completed. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Financial instruments |
| Directors loans (being repayable on demand) trade creditors and trade debtors are measured at the undiscounted amount of the cash or other consideration expected to be received. |
| Taxation |
| Taxation for the period 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 period 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. |
| Ashfield Ventures Limited (Registered number: 08670689) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2023 to 31 January 2025 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2023 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2023 |
| Disposals | ( |
) |
| At 31 January 2025 |
| DEPRECIATION |
| At 1 August 2023 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 July 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.7.23 |
| £ | £ |
| Trade debtors |
| Amounts recoverable on contract |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.7.23 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |