REGISTERED NUMBER: 14298786 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

ASL Ventures Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

W P Slingsby

Mrs K R Slingsby

W B Slingsby

C P Slingsby

SECRETARY:

REGISTERED OFFICE:

Forest Park

Cleobury Mortimer

Kidderminster

Worcestershire

DY14 9BD

REGISTERED NUMBER:

14298786 (England and Wales)

AUDITORS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

Statutory Auditors

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Investments

4

409,519

409,519

CURRENT ASSETS

Debtors

5

1,500,000

1,434,000

CREDITORS

Amounts falling due within one year

6

(1,499,999

)

(1,433,999

)

NET CURRENT ASSETS

1

1

TOTAL ASSETS LESS CURRENT LIABILITIES

409,520

409,520

CAPITAL AND RESERVES

Called up share capital

409,520

409,520

409,520

409,520

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

W P Slingsby - Director

1.	STATUTORY INFORMATION

ASL Ventures Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about ASL Ventures Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Slingsby Securities Ltd, Forest Park, Cleobury Mortimer, Kidderminster, Worcestershire, England, DY14 9BD.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2024

and 31 May 2025

409,519

NET BOOK VALUE

At 31 May 2025

409,519

At 31 May 2024

409,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed by group undertakings

1,500,000

1,434,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Amounts owed to group undertakings

1,170,000

1,118,521

Other creditors

329,999

315,478

1,499,999

1,433,999

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Daniel Crowther FCA FCCA (Senior Statutory Auditor)

for and on behalf of Thorne Widgery Accountancy Ltd