REGISTERED NUMBER: 12961182 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 30 OCTOBER 2024

FOR

ASHVILLE ENTERTAINMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D A Louisy

REGISTERED OFFICE:

Unit 5 Link Park

Heathrow

Thorney Mill Road

West Drayton

Middlesex

UB7 7EZ

REGISTERED NUMBER:

12961182 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

53,197

52,176

CURRENT ASSETS

Stocks

19,000

25,000

Debtors

6

158,384

158,423

Cash and cash equivalents

2,959

381

180,343

183,804

CREDITORS

Amounts falling due within one year

7

(229,392

)

(120,612

)

NET CURRENT (LIABILITIES)/ASSETS

(49,049

)

63,192

TOTAL ASSETS LESS CURRENT LIABILITIES

4,148

115,368

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

4,147

115,367

SHAREHOLDERS' FUNDS

4,148

115,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

D A Louisy - Director

1.	STATUTORY INFORMATION

Ashville Entertainment Limited 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of Value Added Tax.

When the outcome of a transaction involving the rendering o services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

Straight line over 5 years

Equipment

-

Straight line over 5 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

Equipment

Totals

£

£

£

COST

At 1 November 2023

22,995

71,629

94,624

Additions

-

21,675

21,675

At 30 October 2024

22,995

93,304

116,299

DEPRECIATION

At 1 November 2023

9,581

32,867

42,448

Charge for period

4,599

16,055

20,654

At 30 October 2024

14,180

48,922

63,102

NET BOOK VALUE

At 30 October 2024

8,815

44,382

53,197

At 31 October 2023

13,414

38,762

52,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

58

2

Other debtors

419

-

Related companies

156,666

156,666

Directors' current accounts

1,241

1,241

VAT

-

514

158,384

158,423

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

40,588

4,165

Tax

419

20,264

Social security and other taxes

5,131

3,045

VAT

148

-

Other creditors

1,956

26,238

Related companies

178,900

63,900

Accruals and deferred income

2,250

3,000

229,392

120,612

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

9.	RELATED PARTY TRANSACTIONS

At the balance sheet date the company was owed £156,666 (2023: £156,666) by companies under common control. The amount bears no interest, is repayable on demand and included within debtors due in less than one year.

At the balance sheet date the company owed £178,900 (2023: £63,900) to companies under common control. The amount bears no interest, is repayable on demand and is disclosed in creditors due in less than one year.

At the balance sheet date the director owed the company £1,241 (2023: £1,241). The amount bears no interest, is repayable on demand and included within creditors due in less than one year.