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Company Registration No. 10538180 (England and Wales)
Ash Precision Ltd Unaudited accounts for the year ended 31 December 2024
Ash Precision Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ash Precision Ltd Company Information for the year ended 31 December 2024
Director
Behzad Samadzadeh Tabrizi
Company Number
10538180 (England and Wales)
Registered Office
77 Milson Road West Kensington LONDON W14 0LH United Kingdom
Accountants
Murugesu Associates 77 Milson Road West Kensington London W14 0LH
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Ash Precision Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
2,832
1,577
Current assets
Debtors
5
197,522
116,042
Cash at bank and in hand
268,017
404,961
465,539
521,003
Creditors: amounts falling due within one year
6
(529,675)
(710,200)
Net current liabilities
(64,136)
(189,197)
Net liabilities
(61,304)
(187,620)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(61,305)
(187,621)
Shareholders' funds
(61,304)
(187,620)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 September 2025 and were signed on its behalf by
Behzad Samadzadeh Tabrizi Director Company Registration No. 10538180
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Ash Precision Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Ash Precision Ltd is a private company, limited by shares, registered in England and Wales, registration number 10538180. The registered office is 77 Milson Road, West Kensington, LONDON, W14 0LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% at cost
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2024
2,103
Additions
2,199
At 31 December 2024
4,302
Depreciation
At 1 January 2024
526
Charge for the year
944
At 31 December 2024
1,470
Net book value
At 31 December 2024
2,832
At 31 December 2023
1,577
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Ash Precision Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
244
16,428
Trade debtors
93,898
-
Other debtors
3,766
-
97,908
16,428
Amounts falling due after more than one year
Other debtors
99,614
99,614
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
5,416
-
Taxes and social security
-
703
Other creditors
512,762
698,975
Loans from directors
8,137
7,237
Accruals
3,360
3,285
529,675
710,200
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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