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Registration number: 14394774

Ashurst Instrumentation Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2024

Ashurst Instrumentation Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Ashurst Instrumentation Ltd

Company Information

Director | M A Ashurst

Registered office | 2b Kingsway Cottingham East Yorkshire HU16 5BA

Ashurst Instrumentation Ltd

(Registration number: 14394774)
Balance Sheet as at 31 October 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 5,746 | 6,025
Current assets |  |  |
Debtors | 5 | - | 6,620
Cash at bank and in hand |  | 6,941 | 28,781
|  | 6,941 | 35,401
Creditors: Amounts falling due within one year | 6 | (10,262) | (22,222)
Net current (liabilities)/assets |  | (3,321) | 13,179
Total assets less current liabilities |  | 2,425 | 19,204
Provisions for liabilities |  | (431) | (374)
Net assets |  | 1,994 | 18,830
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 1,993 | 18,829
Shareholders' funds |  | 1,994 | 18,830

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 October 2025

......................................... M A Ashurst Director

Ashurst Instrumentation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1 | General information

The Company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
2b Kingsway
Cottingham
East Yorkshire
HU16 5BA

These financial statements were authorised for issue by the director on 6 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover arises from the provision of services. Turnover is measured at the fair value of the consideration received or receivable and represents amounts for the rendering of services in the normal course of business, net of discounts and other sales-related taxes.
Turnover from the provision of services is recognised when the service is performed.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met of each of the companies activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Ashurst Instrumentation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measure using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss has been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the profit and loss account.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 33% straight line
Plant and equipment | 20% on written down value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Ashurst Instrumentation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 1 (2023 - 2).

4 | Tangible assets

| Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 November 2023 | 5,000 | 2,293 | 7,293
Additions | - | 1,867 | 1,867
Disposals | - | (228) | (228)
At 31 October 2024 | 5,000 | 3,932 | 8,932
Depreciation
At 1 November 2023 | 750 | 518 | 1,268
Charge for the year | 850 | 1,124 | 1,974
Eliminated on disposal | - | (56) | (56)
At 31 October 2024 | 1,600 | 1,586 | 3,186
Carrying amount
At 31 October 2024 | 3,400 | 2,346 | 5,746
At 31 October 2023 | 4,250 | 1,775 | 6,025

5 | Debtors

| 2024 £ | 2023 £
Other debtors | - | 6,620
| - | 6,620

Ashurst Instrumentation Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Loans and borrowings | 7 | 2,465 | -
Trade creditors |  | 540 | -
Taxation and social security |  | 5,620 | 20,730
Accruals and deferred income |  | 1,636 | 1,492
Other creditors |  | 1 | -
|  | 10,262 | 22,222

7 | Loans and borrowings

Current loans and borrowings

| 2024 £ | 2023 £
Other borrowings | 2,465 | -

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £7,140 (2023 - £Nil).

9 | Related party transactions

Other transactions with the Director

At the year end, the company owed the director £2,465 (2023: the director owed the company £6,620). This amount is unsecured, interest free and repayable on demand.