REGISTERED NUMBER: NI018070 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ashwood Agencies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Noel Charles Stone

Anni-Lone Thirstrup Stone

SECRETARY:

Noel Charles Stone

REGISTERED OFFICE:

62A Kings Road

Belfast

BT5 6JL

REGISTERED NUMBER:

NI018070 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Rathmore House

52 St Patricks Avenue

Downpatrick

Co. Down

BT30 6DS

FIXED ASSETS

Tangible assets

4

67,526

70,199

Investments

5

186,686

212,821

254,212

283,020

CURRENT ASSETS

Debtors

6

3,071

10,831

Cash at bank and in hand

5,507

34,557

8,578

45,388

CREDITORS

Amounts falling due within one year

7

184,357

212,517

NET CURRENT LIABILITIES

(175,779

)

(167,129

)

TOTAL ASSETS LESS CURRENT LIABILITIES

78,433

115,891

PROVISIONS FOR LIABILITIES

9,749

7,414

NET ASSETS

68,684

108,477

CAPITAL AND RESERVES

Called up share capital

710

710

Capital redemption reserve

290

290

Retained earnings

67,684

107,477

SHAREHOLDERS' FUNDS

68,684

108,477

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Noel Charles Stone - Director

1.	STATUTORY INFORMATION

Ashwood Agencies Limited is a private company, limited by shares , registered in Northern Ireland. 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 as modified by the revaluation of certain assets.

Fixed assets

All fixed assets are recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Freehold Property - 2% Straight line

Plant & Machinery - 20% Reducing balance

Fixtures & Fittings - 15% Reducing balance

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.

Pension costs

The company operates a defined contribution pension scheme for directors. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Fixed asset investments

Fixed asset investments are included at fair value and any gains or losses on revaluation are recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

127,600

83,028

210,628

DEPRECIATION

At 1 April 2024

58,118

82,311

140,429

Charge for year

2,552

121

2,673

At 31 March 2025

60,670

82,432

143,102

NET BOOK VALUE

At 31 March 2025

66,930

596

67,526

At 31 March 2024

69,482

717

70,199

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

212,821

Additions

4,514

Disposals

(43,041

)

Share of profit/(loss)

790

Revaluations

11,602

At 31 March 2025

186,686

NET BOOK VALUE

At 31 March 2025

186,686

At 31 March 2024

212,821

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

212,821

Valuation in 2025

(26,135

)

186,686

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

3,071

10,831

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

1

5,183

Tax

3,891

15,167

Other creditors

103,633

103,633

Directors' current accounts

65,228

86,334

Accruals and deferred income

11,604

2,200

184,357

212,517

8.	RELATED PARTY DISCLOSURES

Mr and Mrs Noel Stone control the company by virtue of ownership of the entire issued share capital of the company.