| Ashton Accounting Limited |
| Registered Number:07964085 |
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2025
Ashton Accounting Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
Ashton Accounting Limited
Statement of Financial Position
2024
2025
25,463
31,829
2
| Property, plant and equipment |
4,630
5,828
3
30,093
37,657
6,499
6,073
4
| Trade and other receivables |
46,149
38,080
5
33,445
| Cash and cash equivalents |
24,876
69,029
86,093
| Trade and other payables: amounts falling due within |
| one year |
(96,976)
(90,649)
6
(10,883)
(21,620)
Net current liabilities
| Total assets less current liabilities |
8,473
26,774
(831)
(1,048)
| Provisions for liabilities |
7,642
Net assets
25,726
100
100
7,542
25,626
7,642
25,726
Shareholders' funds
| For the year ended 28 February 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
1 of 5
For the year ended 28 February 2025
Ashton Accounting Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 25 November 2025 and were signed by: |
| The notes form part of these financial statements |
2 of 5
For the year ended 28 February 2025
Ashton Accounting Limited
Notes to the Financial Statements
Statutory Information
| Ashton Accounting Limited is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 07964085. |
10&11 Northfield Road
Ilfracombe
DEVON
EX34 8AL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of |
| Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic |
| of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the |
| historical costs convention as modified by the revaluation of certain assets. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 10, is being amortised evenly over its estimated useful life of 10 years. |
| 2. Intangible fixed assets |
Goodwill
66,427
66,427
34,598
6,366
Charge for year
40,964
25,463
31,829
3 of 5
For the year ended 28 February 2025
Ashton Accounting Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
12,744
346
13,090
| Provision for depreciation and impairment |
6,916
Charge for year
1,544
8,460
4,630
5,828
2024
2025
6,073
6,499
| Inventories are valued at the lower of cost and selling price less costs to complete and sell. Cost is defined as the actual cost of materials. Provision is made for obsolete and slow-moving items. In respect of work in progress this is the percentage of any sales contract that has been completed within the year but invoiced after the year end and is based on the sales invoice total. |
| 5. Trade and other receivables |
2024
2025
32,159
40,626
5,921
5,523
46,149
38,080
4 of 5
For the year ended 28 February 2025
Ashton Accounting Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
1,934
551
| Taxation and social security |
26,004
28,787
62,711
67,638
90,649
96,976
| 7. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
5 of 5