Company Registration No. 01329677 (England and Wales)
Ashmore properties Limited
Unaudited accounts
for the year ended 31 March 2025
Ashmore properties Limited
Statement of financial position
as at 31 March 2025
Tangible assets
93,459
99,077
Investment property
7,482,772
7,480,772
Cash at bank and in hand
89,984
63,295
Creditors: amounts falling due within one year
(1,766,256)
(1,879,607)
Net current liabilities
(1,493,354)
(1,633,922)
Total assets less current liabilities
6,082,877
5,945,927
Provisions for liabilities
Deferred tax
(404,079)
(410,219)
Net assets
5,678,798
5,535,708
Ashmore properties Limited
Statement of financial position
as at 31 March 2025 (continued)
Called up share capital
331,176
331,176
Revaluation reserve
2,292,383
2,292,383
Capital redemption reserve
646,407
646,407
Profit and loss account
2,408,832
2,265,742
Shareholders' funds
5,678,798
5,535,708
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by
Christopher Ashmore
Director
Company Registration No. 01329677
Ashmore properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Ashmore properties Limited is a private company, limited by shares, registered in England and Wales, registration number 01329677. The registered office is Ashmore Industrial Park, Great Bridge Street, West Bromwich, B70 0BW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Total
Charge for the year
21,369
5
Average number of employees
During the year the average number of employees was 8 (2024: 8).