ASF Holding Company Limited

ASF Holding Company Limited
Contents Page
For the Period 12 April 2024 to 30 April 2025

Accountants' report	1
Balance sheet	2
Notes to the financial statements	3

ASF Holding Company Limited Accountants' Report For the Period 12 April 2024 to 30 April 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ASF Holding Company Limited for the year ended 30 April 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ASF Holding Company Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of ASF Holding Company Limited , as a body, in accordance with the terms of our engagement letter dated 05 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of ASF Holding Company Limited and state those matters that we have agreed to state to the Board of Directors of ASF Holding Company Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASF Holding Company Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that ASF Holding Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ASF Holding Company Limited . You consider that ASF Holding Company Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of ASF Holding Company Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for 30 April 2025. Lizst Price Limited 15 Falcon Way Brackley NN13 6 PZ 25 June 2025 1

ASF Holding Company Limited
Accountants' Report
For the Period 12 April 2024 to 30 April 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ASF Holding Company Limited for the year ended 30 April 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ASF Holding Company Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of ASF Holding Company Limited , as a body, in accordance with the terms of our engagement letter dated 05 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of ASF Holding Company Limited and state those matters that we have agreed to state to the Board of Directors of ASF Holding Company Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASF Holding Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that ASF Holding Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ASF Holding Company Limited . You consider that ASF Holding Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of ASF Holding Company Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for 30 April 2025.

Lizst Price Limited
15 Falcon Way
Brackley
NN13 6 PZ
25 June 2025

1

ASF Holding Company Limited
Balance Sheet
As at 30 April 2025

	Notes	2025 £
Fixed assets
Investments	3	450,000
		450,000
Current assets
Debtors		1,118,892
Cash at bank and in hand		43,309
		1,162,201
Creditors: amount falling due within one year		(1,602,715)
Net current assets		(440,514)

Total assets less current liabilities		9,486
Net assets		9,486

Capital and reserves
Called up share capital		2
Profit and loss account		9,484
Shareholders' funds		9,486

For the period ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 25 June 2025 and were signed on its behalf by:

-------------------------------
Adam James FARMER
Director

2

ASF Holding Company Limited
Notes to the Abridged Financial Statements
For the Period 12 April 2024 to 30 April 2025

General Information

ASF Holding Company Limited is a private company, limited by shares, registered in England and Wales, registration number 15639405, registration address 15 Falcon Way, Brackley, Northants, NN13 6PZ. The trading address of the company is 49 Bulwer Road, New Barnett, EN5 5EU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Group accounts

The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has, therefore, taken advantage of the option provided by section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the period was 2.

3.

Investments

Cost	Investments in group undertakings	Total
	£	£
At 12 April 2024	-	-
Additions	450,000	450,000
Transfer to/from tangible fixed assets	0	0
Disposals	-	-
At 30 April 2025	450,000	450,000

4.

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)	Balance owed by/(owed to)
	2025 £	2025 £
Shakespeare Road Property Investment Limited	0	260,000
Farmer Property Co Limited	0	858,892
Acer Resourcing Limited	0	(1,575,950)
ASF Projects Limited	10,000	(2,500)

Shakespeare Road Property Investment Limited is a 99% subsidiary incorporated in the UK. The company had aggregate capital and reserves and results for the year ended 30 April 2025 of £681,529 and £48,986 respectively.
Farmer Property Co Limited is a 98% subsidiary incorporated in the UK. The company had aggregate capital and reserves and results for the year ended 30 April 2025 of £288,858 and £17,624 respectively.
The directors own 50% of the ordinary shares of Acer Resourcing Limited.
Farmer Property Co Limited is a 100% subsidiary incorporated in the UK. The company had aggregate capital and reserves and results for the year ended 30 April 2025 of £(1,875,500) and £34,921 respectively.. The company charged ASF Projects Limited management charges in the year.

3


Registered Number: 15639405
England and Wales
ASF HOLDING COMPANY LIMITED

Abridged Accounts

Period of accounts Start date: 12 April 2024 End date: 30 April 2025