Company Registration No. 02483748 (England and Wales)
A.S.C. (Central) Limited
Unaudited accounts
for the year ended 31 March 2025
A.S.C. (Central) Limited
Unaudited accounts
Contents
A.S.C. (Central) Limited
Company Information
for the year ended 31 March 2025
Directors
Christopher Paul Lowe
Carolyn Lowe
Secretary
Christopher Paul Lowe
Company Number
02483748 (England and Wales)
Registered Office
14 Shugborough Drive
Dudley
West Midlands
DY1 2TU
England
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
A.S.C. (Central) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
6,195
7,818
Cash at bank and in hand
507,283
458,949
Creditors: amounts falling due within one year
(314,980)
(299,142)
Net current assets
274,316
215,793
Net assets
280,511
223,611
Called up share capital
100
100
Profit and loss account
280,411
223,511
Shareholders' funds
280,511
223,611
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.
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 9 December 2025 and were signed on its behalf by
Carolyn Lowe
Director
Company Registration No. 02483748
A.S.C. (Central) Limited
Notes to the Accounts
for the year ended 31 March 2025
A.S.C. (Central) Limited is a private company, limited by shares, registered in England and Wales, registration number 02483748. The registered office is 14 Shugborough Drive, Dudley, West Midlands, DY1 2TU, 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 and are rounded to the nearest pound.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
A.S.C. (Central) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
15,935
35,845
51,780
At 31 March 2025
15,935
35,845
51,780
At 1 April 2024
14,743
29,219
43,962
Charge for the year
298
1,325
1,623
At 31 March 2025
15,041
30,544
45,585
At 31 March 2025
894
5,301
6,195
At 31 March 2024
1,192
6,626
7,818
Amounts falling due within one year
Trade debtors
79,513
52,991
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
47,273
31,314
Taxes and social security
23,637
12,960
Other creditors
9,980
16,769
Loans from directors
227,096
234,852
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).