Anso Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10842938

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		5,611		7,881

			5,611		7,881
CURRENT ASSETS
Stocks	6	10,709		11,488
Debtors	7	6,679		54,498
Cash at bank and in hand		114,178		122,950

		131,566		188,936
Creditors: Amounts Falling Due Within One Year	8	(51,812 )		(96,756 )

NET CURRENT ASSETS (LIABILITIES)			79,754		92,180

TOTAL ASSETS LESS CURRENT LIABILITIES			85,365		100,061

Creditors: Amounts Falling Due After More Than One Year	9		(667 )		(8,667 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,403 )		(1,970 )

NET ASSETS			83,295		89,424

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			83,195		89,324

SHAREHOLDERS' FUNDS			83,295		89,424

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Anso Ltd

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Antonio Pingue

Director

19/08/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Anso Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10842938 . The registered office is 2 High Street, Quorn, Loughborough, Leics., LE12 8DT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Straight Line
Fixtures & Fittings	5 Years Straight Line
Computer Equipment	3 year Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Anso Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 14)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	37,979

As at 30 June 2025	37,979

Amortisation
As at 1 July 2024	37,979

As at 30 June 2025	37,979

Net Book Value
As at 30 June 2025	-

As at 1 July 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 July 2024	43,031	1,400	-	44,431
Additions	-	-	350	350
Disposals	-	(1,400 )	-	(1,400 )

As at 30 June 2025	43,031	-	350	43,381

...CONTINUED

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Anso Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

Depreciation
As at 1 July 2024	35,850	700	-	36,550
Provided during the period	1,803	-	117	1,920
Disposals	-	(700 )	-	(700 )

As at 30 June 2025	37,653	-	117	37,770

Net Book Value
As at 30 June 2025	5,378	-	233	5,611

As at 1 July 2024	7,181	700	-	7,881

6. Stocks

	2025	2024
	£	£
Materials	10,709	11,488

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	6,679	54,498

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,833	11,490
Bank loans and overdrafts	8,000	8,000
Other creditors	-	48,200
Taxation and social security	35,979	29,066

	51,812	96,756

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	667	8,667

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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