REGISTERED NUMBER: 03010959 (England and Wales)

ASH CORPORATE FINANCE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered accountants' report

7

DIRECTORS:

L S Neilson

A G Doyle

J F Collins

SECRETARY:

A G Doyle

REGISTERED OFFICE:

1 Quay Point

Station Road

Woodbridge

Suffolk

IP12 4AL

REGISTERED NUMBER:

03010959 (England and Wales)

ACCOUNTANTS:

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

67

84

Investments

5

1,000

1,000

1,067

1,084

CURRENT ASSETS

Debtors

6

115,140

133,140

Cash at bank

649

640

115,789

133,780

CREDITORS

Amounts falling due within one year

7

182,342

200,343

NET CURRENT LIABILITIES

(66,553

)

(66,563

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(65,486

)

(65,479

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(65,586

)

(65,579

)

SHAREHOLDERS' FUNDS

(65,486

)

(65,479

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 22 August 2025 and were signed on its behalf by:

A G Doyle - Director

1.	STATUTORY INFORMATION

Ash Corporate Finance 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the

amounts reported for revenues and expenditures during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Management do not consider that there is a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period.

Going concern

It is the directors' opinion that the company is a going concern for the foreseeable future. Although the balance sheet shows negative assets, the company will continue to be supported by the directors for a period exceeding 12 months from the date of approval of these financial statements.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Debtors

Short term debtors are measures at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks. Bank overdrafts, when applicable are shown within borrowings in current liabilities.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are

measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

20,514

DEPRECIATION

At 1 April 2024

20,430

Charge for year

17

At 31 March 2025

20,447

NET BOOK VALUE

At 31 March 2025

67

At 31 March 2024

84

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1,000

NET BOOK VALUE

At 31 March 2025

1,000

At 31 March 2024

1,000

The company's investments at the Balance sheet date in the share capital of companies include the following:

Ash Corporate Finance (Canterbury) Limited

Registered office: 1 Quay Point, Station Road, Woodbridge, Suffolk IP12 4AL

Nature of business: Operation of Sports Arenas and Stadia

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

(279,072

)

(279,072

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

103,261

103,261

Other debtors

11,879

29,879

115,140

133,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

21,150

21,150

Other creditors

161,192

179,193

182,342

200,343

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

Included in other creditors are the amounts owed to Ash Corporate Finance (Maidstone) Ltd of £13,307 (2024-£13,307), Ash Corporate Finance (Hampstead) Ltd of £65,000 (2024 -£65,000), Land Property Holdings Ltd of £28,000 (2024-£28,000) and The Land Group Investments Ltd of £10,274 (2024-£28,274), all of which are connected companies.

Included in other debtors is the amount of £103,261 (2024-£103,261) owed by Ash Corporate Finance (Canterbury) Ltd, a company in which L S Neilson and A G Doyle are directors.

As at the balance sheet date, the company owed L S Neilson £31,063 (2024-£31,063) and A G Doyle £11,797 (2024-£11,797), both directors of the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ash Corporate Finance Limited for the year ended 31 March 2025 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ash Corporate Finance Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ash Corporate Finance Limited and state those matters that we have agreed to state to the Board of Directors of Ash Corporate Finance Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ash Corporate Finance Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ash Corporate Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ash Corporate Finance Limited. You consider that Ash Corporate Finance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ash Corporate Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

22 August 2025