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REGISTERED NUMBER: 04519228 (England and Wales)












Ashmac Construction Limited

Unaudited Financial Statements

for the Year Ended 31 October 2024






Ashmac Construction Limited (Registered number: 04519228)






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


Ashmac Construction Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr G Emonds
Mr A Southgate





REGISTERED OFFICE: 4a Pondwood Close
Moulton Park Industrial Estate
Northampton
Northamptonshire
NN3 6RT





REGISTERED NUMBER: 04519228 (England and Wales)





ACCOUNTANTS: Kilby Fox
Chartered Accountants
4 Pavilion Court
600 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL

Ashmac Construction Limited (Registered number: 04519228)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 165,909 180,539

CURRENT ASSETS
Stocks 93,698 73,954
Debtors 5 1,058,489 885,855
Cash at bank 52 52
1,152,239 959,861
CREDITORS
Amounts falling due within one year 6 697,482 525,248
NET CURRENT ASSETS 454,757 434,613
TOTAL ASSETS LESS CURRENT
LIABILITIES

620,666

615,152

CREDITORS
Amounts falling due after more than one
year

7

-

(19,212

)

PROVISIONS FOR LIABILITIES (22,818 ) (27,476 )
NET ASSETS 597,848 568,464

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 597,846 568,462
SHAREHOLDERS' FUNDS 597,848 568,464

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.

Ashmac Construction Limited (Registered number: 04519228)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:




Mr G Emonds - Director



Mr A Southgate - Director


Ashmac Construction Limited (Registered number: 04519228)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Ashmac Construction 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant & machinery etc - 15% on reducing balance, 12% on reducing balance and 11% on reducing balance

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 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 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.

Ashmac Construction Limited (Registered number: 04519228)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant &
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 558,216
DEPRECIATION
At 1 November 2023 377,677
Charge for year 14,630
At 31 October 2024 392,307
NET BOOK VALUE
At 31 October 2024 165,909
At 31 October 2023 180,539

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,045,763 870,698
Other debtors 12,726 15,157
1,058,489 885,855

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 286,512 119,388
Hire purchase contracts 4,916 13,138
Trade creditors 273,702 251,853
Taxation and social security 106,961 125,628
Other creditors 25,391 15,241
697,482 525,248

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 19,212

Ashmac Construction Limited (Registered number: 04519228)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. RELATED PARTY DISCLOSURES

The company operates out of premise's owned by Mr G Emonds & Mr A Southgate, the directors of the company. The total amount of rent paid for the use of these premises for the year was £12,000
(2023 - £12,000)

9. ULTIMATE CONTROLLING PARTY

The company is under the control of both Mr G Emonds and Mr A Southgate who hold equal shares and therefore have equal control.