Ashbrook Holdings Ltd - Filleted accounts


ASHBROOK HOLDINGS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024





























Company Registration Number: 11708593

ASHBROOK HOLDINGS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 9

ASHBROOK HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024


DIRECTORS

L D Edwards
C E A Edwards
J A Ross
resigned 7 February 2025
R Kindell
appointed 7 February 2025
A D Fowler
appointed 30 July 2025


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

2 Ward Road
Bletchley
Milton Keynes
Buckinghamshire
MK1 1JA


COMPANY REGISTRATION NUMBER

11708593 England and Wales

ASHBROOK HOLDINGS LTD

BALANCE SHEET
AS AT 31 DECEMBER 2024


	Notes	2024		2023
		£		£

FIXED ASSETS
Tangible assets	5		724		-
Investments	6		2,955,401		1,600,000


			2,956,125		1,600,000

CURRENT ASSETS
Debtors	7	65,088		80
Cash at bank and in hand		404,182		-


		469,270		80

CREDITORS: Amounts falling due within one year	8	887,090		5,371
CREDITORS: Amounts falling due within one year


NET CURRENT LIABILITIES			(417,820)		(5,291)


TOTAL ASSETS LESS CURRENT LIABILITIES			2,538,305		1,594,709

CREDITORS: Amounts falling due after more than one year	9		923,211		-
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			181		-


NET ASSETS			1,614,913		1,594,709


CAPITAL AND RESERVES
Called up share capital			114		100
Share premium account			29,231		-
Distributable profit and loss account			1,585,568		1,594,609


SHAREHOLDERS' FUNDS			1,614,913		1,594,709

ASHBROOK HOLDINGS LTD

BALANCE SHEET
AS AT 31 DECEMBER 2024


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




L D Edwards
Director

Date approved by the board: 26 September 2025

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1	GENERAL INFORMATION

	Ashbrook Holdings Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	2 Ward Road
	Bletchley
	Milton Keynes
	Buckinghamshire
	MK1 1JA

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of management services as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Computer equipment					33% straight line basis per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

	Investments

Investments in subsidiaries are shown at cost less accumulated impairment losses.

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Debtors

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

	Loans receivable are measured initially at fair value, net of transaction costs, and subsequently at amortised cost, less any impairment.

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Borrowing costs

	All borrowing costs are recognised in the profit and loss account in the period in which they are incurred.

	Pensions

	The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.

	Consolidation

	The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

The directors have made key assumptions in determining the fair value of the company's investments in its subsidiaries.


4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2024	2023
	Average number of employees	3	3

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


5	TANGIBLE ASSETS
				Computer equipment
				£
	Cost
	Additions			744


	At 31 December 2024			744


	Accumulated depreciation and impairments
	Charge for year			20


	At 31 December 2024			20


	Net book value
	At 31 December 2024			724


6	FIXED ASSET INVESTMENTS
			Investment in subsidiaries
				£
	Cost
	At 1 January 2024			1,600,000

	Additions			1,355,401


	At 31 December 2024			2,955,401


	Net book value
	At 1 January 2024			1,600,000


	At 31 December 2024			2,955,401


7	DEBTORS
		2024		2023
		£		£
	Prepayments and accrued income	35,827		-
	Other debtors	29,261		80


		65,088		80

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


8	CREDITORS: Amounts falling due within one year
					2024	2023
					£	£
	Trade creditors				57,016	-
	Taxation and social security				3,725	-
	Accruals and deferred income				47,854	5,371
	Other creditors				778,495	-


					887,090	5,371


9	CREDITORS: Amounts falling due after more than one year
					2024	2023
					£	£
	Other creditors				923,211	-


10	SECURED DEBTS

	Webb Injection Moulders Limited, a subsidiary company of Ashbrook Holdings Ltd, has secured a Loan Facility with Arbuthnot Commercial Asset Based Lending Limited. Arbuthnot Commercial Asset Based Lending Limited holds a fixed and floating charge over the assets of Ashbrook Holdings Ltd.

11	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

	The following directors' advances, credits and guarantees took place during the year:

		Balance at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off or waived	Balance at 31 December 2024
		£	£	£	£	£
	L D Edwards	30	-	30	-	-
	C E A Edwards	50	-	-	-	50


		80	-	30	-	50

	These advances are interest free and repayable on demand.

ASHBROOK HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

12	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Cranfield Solutions Limited		Subsidiary undertaking

	During the year, the following transactions with related parties took place:

	L D Edwards
	Director			2024	2023
				£	£
	Advances from director	The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount:		399,970	-