JJA Ashill Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10684405

Unaudited Financial Statements For The Year Ended 31 March 2025

for

JJA Ashill Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Davies

S A Davies

REGISTERED OFFICE:

c/o Fuller Spurling

58 Guildford Street

Chertsey

KT16 9BE

REGISTERED NUMBER:

10684405

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Investments

4

177,500

Investment property

5

446,989

624,489

CURRENT ASSETS

Stocks

131,341

Debtors

6

5,399,420

4,729,399

Cash at bank

261,281

2,403,919

5,792,042

7,264,659

CREDITORS

Amounts falling due within one year

7

4,250

45,194

NET CURRENT ASSETS

5,787,792

7,219,465

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,412,281

7,843,954

CREDITORS

Amounts falling due after more than one
year

8

1,761,378

1,811,456

NET ASSETS

4,650,903

6,032,498

CAPITAL AND RESERVES

Called up share capital

9

999

1,000

Retained earnings

10

4,649,904

6,031,498

SHAREHOLDERS' FUNDS

4,650,903

6,032,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

P J Davies - Director

1.	STATUTORY INFORMATION

JJA Ashill Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stock is valued at the lower of cost and net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Other

investments

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

177,500

NET BOOK VALUE

At 31 March 2025

177,500

At 31 March 2024

177,500

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 0

177,500

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

446,989

NET BOOK VALUE

At 31 March 2025

446,989

At 31 March 2024

446,989

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

5,332,039

4,689,485

S455 Tax Debtors

45,704

-

Prepayments and accrued income

20,563

38,847

Prepayments

1,114

1,067

5,399,420

4,729,399

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Corporation tax

-

40,944

Accrued expenses

4,250

45,194

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Shareholder loan

1,761,378

1,811,456

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

£

1

A Share

0.01

-

33,333

B Share

0.01

333

33,333

C Share

0.01

333

33,333

D Share

0.01

333

1,000

10.

RESERVES

Retained

earnings

£

At 1 April 2024

6,031,498

Deficit for the year

(1,381,594

)

At 31 March 2025

4,649,904

11.	RELATED PARTY DISCLOSURES

Included within creditors at the Balance Sheet Date is £1,761,378 (2024: £1,811,456) owed to the shareholders of company. These amounts are interest free and repayable after more than one year.