Ashley House Printing Company Limited

Registered number

05333142

Unaudited Filleted Accounts

31 March 2025

Ashley House Printing Company Limited
Registered number:		05333142
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		203,025			184,316

Current assets
Stocks		15,498			14,665
Debtors	5	221,824			253,163
Cash at bank and in hand		20,040			83,517
		257,362			351,345

Creditors: amounts falling due within one year	6	(288,663)			(340,185)

Net current (liabilities)/assets			(31,301)			11,160

Total assets less current liabilities			171,724			195,476

Creditors: amounts falling due after more than one year	7		(42,288)			(50,429)

Provisions for liabilities			(44,773)			(43,788)


Net assets			84,663			101,259

Capital and reserves
Called up share capital			100			100
Profit and loss account			84,563			101,159

Shareholders' funds			84,663			101,259

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The 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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs L Otton
Director
Approved by the board on 9 October 2025

Ashley House Printing Company Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			over the term of the lease
	Motor vehicles			over 4 years
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					16		15


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							413,230
	At 31 March 2025							413,230

	Amortisation
	At 1 April 2024							413,230
	At 31 March 2025							413,230

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	178,455		1,393,134		79,165		1,650,754
	Additions	-		47,821		-		47,821
	At 31 March 2025	178,455		1,440,955		79,165		1,698,575

	Depreciation
	At 1 April 2024	153,441		1,234,156		78,841		1,466,438
	Charge for the year	2,185		26,765		162		29,112
	At 31 March 2025	155,626		1,260,921		79,003		1,495,550

	Net book value
	At 31 March 2025	22,829		180,034		162		203,025
	At 31 March 2024	25,014		158,978		324		184,316


5	Debtors					2025		2024
£							£

	Trade debtors					74,185		103,915
	Other debtors					147,639		149,248
						221,824		253,163


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					70,004		40,000
	Obligations under finance lease and hire purchase contracts					8,838		15,614
	Trade creditors					159,604		207,184
	Taxation and social security costs					32,565		56,926
	Other creditors					17,652		20,461
						288,663		340,185


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					6,667		46,667
	Obligations under finance lease and hire purchase contracts					35,621		3,762
						42,288		50,429


8	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					11,459		1,785


9	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director	123		123		123
	Interest charged at HMRCs official rate, repayable on demand	57,960		55,745		(59,045)		54,660

	Director	123		123		123
	Interest charged at HMRCs official rate, repayable on demand	57,960		55,745		(59,045)		54,660

		115,920		111,490		(118,090)		109,320


10	Other information

	Ashley House Printing Company Limited is a private company limited by shares and incorporated in England. Its registered office is:

	1-3 Swallow Units Alphinbrook Road
	Marsh Barton
	Exeter
	Devon
	EX2 8QF