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COMPANY REGISTRATION NUMBER: 11971501

ASNC Enterprise Limited

Unaudited financial statements

31 March 2025

ASNC Enterprise Limited

Statement of financial position

31 March 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 2,422,941 |  | 1,935,204

Current assets

Debtors | 6 | 2,684 |  | 56,127 |
Cash at bank and in hand | 73,287 |  | 35,983 |
| ------- |  | ------- |
| 75,971 |  | 92,110 |

Creditors: Amounts falling due within one year | 7 | ( 2,523,028) |  | ( 2,104,436) |
| ----------- |  | ----------- |
Net current liabilities |  | ( 2,447,057) |  | ( 2,012,326)
|  | ----------- |  | -----------
Total assets less current liabilities |  | ( 24,116) |  | ( 77,122)

Creditors: Amounts falling due after more than one year | 8 |  | ( 3,529) |  | ( 13,950)
|  | ------- |  | -------
Net liabilities |  | ( 27,645) |  | ( 91,072)
|  | ------- |  | -------

Capital and reserves

Called up share capital |  | 2 |  | 2
Profit and loss account |  | ( 27,647) |  | ( 91,074)
|  | ------- |  | -------
Shareholders deficit |  | ( 27,645) |  | ( 91,072)
|  | ------- |  | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 11 November 2025 , and are signed on behalf of the board by:

Mr A Chokshi | Mrs D Chokshi
Director | Director

Company registration number: 11971501

ASNC Enterprise Limited

Notes to the financial statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 167 Cambridge Road, Great Shelford, Cambridge, CB22 5JN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared under a going concern basis. The company has the support of the directors, and is expected to trade for the foreseeable future.
Judgements and key sources of estimation uncertainty
Estimates and judgements used in preparing the financial statements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition seldom equal the related actual results. Any subsequent changes are accounted for with an effect on income at the time such updated information is available. The estimates and assumptions that have a significant effect on the carrying amounts of assets and liabilities are as follows:- Investment property Valuation of investment properties is undertaken by the directors based on the open market value of like properties in the same area.
Revenue recognition
The turnover shown in the income statement represents the rent received from the letting of the company's properties.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
4. Employee numbers
The average number of employees during the year was Nil (2024: Nil).
5. Tangible assets

| Freehold property
| £
Cost |
At 1 April 2024 | 1,935,204
Additions | 487,737
| -----------
At 31 March 2025 | 2,422,941
| -----------
Depreciation |
At 1 April 2024 and 31 March 2025 | –
| -----------
Carrying amount |
At 31 March 2025 | 2,422,941
| -----------
At 31 March 2024 | 1,935,204
| -----------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | – | 55,507
Other debtors | 2,684 | 620
| ------ | -------
| 2,684 | 56,127
| ------ | -------

7. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loan | 10,420 | 10,161
Trade creditors | 1,767 | –
Social security and other taxes | 11,509 | –
Chokshi Limited | 1,519,238 | 1,518,331
Nickolas Burnett & Associates Limited | 423,450 | 423,450
Other creditors | 556,644 | 152,494
| ----------- | -----------
| 2,523,028 | 2,104,436
| ----------- | -----------

The bank loan is secured on the property.
8. Creditors: Amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loan | 3,529 | 13,950
| ------ | -------

The bank loan is secured on the property.
9. Related party transactions
Chokshi Limited is a related party due to the fact that the directors Mr A and Mrs D Chokshi are also directors of this company. The company owes £1,519,238 (2024: £1,518,331) to Chokshi Limited at the year end. Nickolas Burnett & Associates Limited is a related party due to the fact that the directors Mr A and Mrs D Chokshi are also directors of this company. The company owes £423,450 (2024: £423,450) to Nickolas Burnett & Associates Limited at the year end. Cambridge Dental Specialists Limited is a related party due to the fact that the directors Mr A and Mrs D Chokshi are also directors of this company. The company owes £150,000 (2024: £150,000) to Cambridge Dental Specialists Limited at the year end.