P.B. Asher (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05726790 (England and Wales)

P.B. ASHER (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

Mrs H Schumacher

SECRETARY:

Mr B W P Cross

REGISTERED OFFICE:

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

REGISTERED NUMBER:

05726790 (England and Wales)

ACCOUNTANTS:

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

The following reproduces the text of the report prepared for the director 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 Director 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 P.B. Asher (Holdings) Limited for the year ended 31 December 2024 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 director of P.B. Asher (Holdings) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P.B. Asher (Holdings) Limited and state those matters that we have agreed to state to the director of P.B. Asher (Holdings) Limited 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 P.B. Asher (Holdings) Limited and its director for our work or for this report.

It is your duty to ensure that P.B. Asher (Holdings) 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 profit of P.B. Asher (Holdings) Limited. You consider that P.B. Asher (Holdings) 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 P.B. Asher (Holdings) 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.

Rothmans CF Limited

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

21 August 2025

FIXED ASSETS

Investment property

4

590,955

CURRENT ASSETS

Debtors

5

118,434

221,911

Cash at bank

5,558

4,447

123,992

226,358

CREDITORS

Amounts falling due within one year

6

112,605

109,316

NET CURRENT ASSETS

11,387

117,042

TOTAL ASSETS LESS CURRENT
LIABILITIES

602,342

707,997

CREDITORS

Amounts falling due after more than one
year

7

440,755

529,910

NET ASSETS

161,587

178,087

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

161,487

177,987

161,587

178,087

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 21 August 2025 and were signed by:

Mrs H Schumacher - Director

1.	STATUTORY INFORMATION

P. B. Asher (Holdings) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05726790 and its registered office address is Fryern House, 125 Winchester Road, Chandlers Ford, Hampshire, SO53 2DR.

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.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on the going concern basis.

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.

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 expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.

There have been no judgements and estimates which have had the significant effect on amounts recognised in the financial statements during the year.

Turnover

Turnover represents property income adjusted for accrued and deferred income where applicable.

Investment property

The investment properties are shown at their fair value as estimated by the director. Any movement in fair value is recognised in the fair value reserve. Deferred tax is recognised on any fair value adjustments.

Financial instruments

The company only has financial assets and liabilities of the kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and debt instruments are subsequently measured at amortised 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 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 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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

590,955

NET BOOK VALUE

At 31 December 2024

590,955

At 31 December 2023

590,955

The freehold investment property is valued at fair value by the director. The original cost of the property was £798,150 (2023: £798,150).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Other debtors

118,434

221,911

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts

70,473

68,740

Other loans

24,000

Corporation tax

9,476

8,752

Directors' current accounts

156

159

Accruals and deferred income

8,500

7,665

112,605

109,316

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

Bank loans - 1-2 years

72,400

70,619

Bank loans - 2-5 years

184,355

223,652

Bank loans more than 5 years

-

27,639

Other loans - 1-2 years

24,000

Other loans - 2-5 years

72,000

Other loans more than 5 years

88,000

112,000

440,755

529,910

2024

2023

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

-

27,639

Other loans more than 5 years

88,000

112,000

88,000

139,639

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

Bank loans

327,228

390,650

Bank loans are secured on the leasehold investment property.

9.	RELATED PARTY TRANSACTIONS

During the year rent of £85,000 was received from P. B. Asher Diesel Injection Engineers Ltd a company under the control of the director, Mrs H Schumacher. At the balance sheet date £118,434 (2023: £221,911) was owed by this company. The balance can be found within 'Debtors: Amounts due within one year'.