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REGISTERED NUMBER: 11615371 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ASH HOMES (LINCOLN) LTD

ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASH HOMES (LINCOLN) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: S C Howell
Miss T A Wild





REGISTERED OFFICE: 2 Wheatsheaf Avenue
Newark
NG24 2FL





REGISTERED NUMBER: 11615371 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 183,252 176,280

CURRENT ASSETS
Debtors 5 219,714 215,072
Cash at bank 14,324 74,702
234,038 289,774
CREDITORS
Amounts falling due within one year 6 109,561 178,902
NET CURRENT ASSETS 124,477 110,872
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,729

287,152

CREDITORS
Amounts falling due after more than one year 7 (4,390 ) (25,128 )

PROVISIONS FOR LIABILITIES (45,813 ) (43,751 )
NET ASSETS 257,526 218,273

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 257,524 218,271
257,526 218,273

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





S C Howell - Director


ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)

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

1. STATUTORY INFORMATION

Ash Homes (Lincoln) 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

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

3. EMPLOYEES AND DIRECTORS

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

ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 230,404
Additions 37,155
At 31 October 2024 267,559
DEPRECIATION
At 1 November 2023 54,124
Charge for year 30,183
At 31 October 2024 84,307
NET BOOK VALUE
At 31 October 2024 183,252
At 31 October 2023 176,280

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 219,714 215,072

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 6,848
Hire purchase contracts 6,585 6,585
Trade creditors 43,147 68,801
Taxation and social security 59,329 96,168
Other creditors 500 500
109,561 178,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 14,153
Hire purchase contracts 4,390 10,975
4,390 25,128

ASH HOMES (LINCOLN) LTD (REGISTERED NUMBER: 11615371)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
S C Howell and Miss T A Wild
Balance outstanding at start of year 102,069 3,382
Amounts advanced 163,950 223,712
Amounts repaid (134,265 ) (125,025 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 131,754 102,069