Registration number: 03576376

Ascot Court Limited

Contents

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

Ascot Court Limited

Company Information

Directors

A J Duncan G Kendrick L Fertleman

Registered office

79 Cheviot Gardens London NW2 1QD

Accountants

Sterlings Ltd Chartered AccountantsLawford House Albert Place London N3 1QA

Ascot Court Limited

(Registration number: 03576376)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	425,000	425,000
Current assets
Debtors	5	295	19
Cash at bank and in hand		76,571	77,307
		76,866	77,326
Creditors: Amounts falling due within one year	6	(6,927)	(4,621)
Net current assets		69,939	72,705
Total assets less current liabilities		494,939	497,705
Provisions for liabilities		(102,041)	(102,041)
Net assets		392,898	395,664
Capital and reserves
Called up share capital	7	38	34
Profit and loss account		392,860	395,630
Shareholders' funds		392,898	395,664

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 October 2025 and signed on its behalf by:
 

......................................... A J Duncan Director

Ascot Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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:
79 Cheviot Gardens
London
NW2 1QD

These financial statements were authorised for issue by the Board on 29 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.

Tax

The tax expense for the period comprises current 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.

Tangible assets

Tangible assets are stated in the balance sheet 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.

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.

Ascot Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 directors) during the year, was 3 (2024 - 4).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 July 2024	425,000	425,000
At 30 June 2025	425,000	425,000
Depreciation
Carrying amount
At 30 June 2025	425,000	425,000
At 30 June 2024	425,000	425,000

Land and buildings are stated at fair value as determined by the directors of the company, as at 30 June 2025.

Land and buildings at cost as at the balance sheet date was £16,836 (2024 - £16,836).

Ascot Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5

Debtors

Current	2025 £	2024 £
Other debtors	295	19
	295	19

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	2,820	1,951
Other creditors	4,107	2,670
	6,927	4,621

Ascot Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	38	38	34	34

The company's issued share capital has been adjusted to £38 (previously £34) to bring into line with the amended number of shares as depicted at Companies House. On the grounds of practicality, the directors have decided not to make a prior year adjustment nor to amend previous years' Financial statements.

8

Reserves

£306,123 (2024 - £306,123) of the reserves are not distributable as they arise from unrealised gains.

9	Related party disclosures

As at the balance sheet date, the company owed a director the sum of £391 (2024 - £391).