Ash Corporate Finance (Suffolk) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05878269 (England and Wales)

ASH CORPORATE FINANCE (SUFFOLK) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

DIRECTORS:

A G Doyle

L S Neilson

D J Winch

N C S Robson

SECRETARY:

A G Doyle

REGISTERED OFFICE:

1 Quay Point

Station Road

Woodbridge

Suffolk

IP12 4AL

REGISTERED NUMBER:

05878269 (England and Wales)

AUDITORS:

Berringers LLP

Chartered Accountants

and Statutory Auditors

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

CURRENT ASSETS

Debtors

4

1,300,403

1,367,209

Cash at bank

2,133

5,782

1,302,536

1,372,991

CREDITORS

Amounts falling due within one year

5

80,842

95,570

NET CURRENT ASSETS

1,221,694

1,277,421

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,221,694

1,277,421

CREDITORS

Amounts falling due after more than one year

6

1,195,211

1,265,858

NET ASSETS

26,483

11,563

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

26,383

11,463

SHAREHOLDERS' FUNDS

26,483

11,563

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:

D J Winch - Director

1.	STATUTORY INFORMATION

Ash Corporate Finance (Suffolk) Ltd 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

The Directors have considered the current economic and financial situation against the Company's activities, income and expenditure and have concluded that the current risks to the Company are not significant and that no additional provisions need to be made. It is the Directors' opinion that the Company will be a going concern for the foreseeable future.

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.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

1,300,403

1,367,209

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 7)

70,648

71,328

Taxation

4,915

18,963

Other creditors

5,279

80,842

95,570

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 7)

1,195,211

1,265,858

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr

1,044,097

1,116,190

7.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

70,648

71,328

Amounts falling due between one and two years:

Bank loans - 1-2 years

32,977

70,638

Amounts falling due between two and five years:

Bank loans - 2-5 years

118,137

79,030

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr

1,044,097

1,116,190

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

1,265,859

1,337,186

The bank holds a debenture over all the assets of Ash Corporate Finance (Suffolk) Ltd.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the auditors was unqualified.

Ricky Hutson BSc FCCA ACA (Senior Statutory Auditor)

for and on behalf of Berringers LLP

11.	RELATED PARTY DISCLOSURES

Included in other debtors are amounts owed by The Land Group (Suffolk) Ltd £1,219,718 (2024-£1,286,525), The Land Group Investments Ltd £19,985 (2024-£19,985), Land Property Holdings Ltd £39,000 (2024-£39,000), Ash Corporate Finance (Maidstone) Ltd £20,000 (2024-£20,000) and Fressingfields LLP £1,600 (2023-£1,600), all are connected companies.

Included in other creditors is an amount owed to Ash Corporate Finance (Altnagelvin) Ltd of £2,400 (2024 - £2,400) a connected company.

During the year the company received loan interest to the value of £175,946 (2024-£184,530) from The Land Group (Suffolk) Limited, a connected company.

Management fees of £18,000 were paid to each of Verricello Management Company LLP (of which D J Winch is a member), Drift Farm Services LLP (of which N C S Robson is a member), Mardrew LLP (of which A G Doyle is a member) and Neilson Partners LLP (of which L S Neilson is a member).