Company registration number 4637457 (England and Wales)
A SAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
A SAL LIMITED
COMPANY INFORMATION
Director
A Salamone
Company number
4637457
Registered office
Northwood House
138 Bromham Road
Bedford
Bedfordshire
England
MK40 2QW
Accountants
Garner Associates LLP
Northwood House
138 Bromham Road
Bedford
Bedfordshire
MK40 2QW
A SAL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
A SAL LIMITED
BALANCE SHEET
AS AT
5 APRIL 2025
05 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
2,055,521
2,048,509
Current assets
Debtors
5
52,191
52,209
Cash at bank and in hand
158,881
80,897
211,072
133,106
Creditors: amounts falling due within one year
6
(714,534)
(720,863)
Net current liabilities
(503,462)
(587,757)
Net assets
1,552,059
1,460,752
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
1,552,058
1,460,751
Total equity
1,552,059
1,460,752

For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 30 December 2025
A Salamone
Director
Company registration number 4637457 (England and Wales)
A SAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
- 2 -
1
Accounting policies
Company information

A Sal Limited is a private company limited by shares incorporated in England and Wales. The registered office is Northwood House, 138 Bromham Road, Bedford, Bedfordshire, England, MK40 2QW.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rental income provided in the normal course of business, and is shown net of VAT taxes.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Fair value applied nil deprecation at this time.
Plant and equipment
33% on cost
Motor vehicles
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

A SAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

A SAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

A SAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
- 5 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 6 April 2024
2,048,509
15,732
2,064,241
Additions
-
0
8,250
8,250
Disposals
-
0
(15,732)
(15,732)
At 5 April 2025
2,048,509
8,250
2,056,759
Depreciation and impairment
At 6 April 2024
-
0
15,732
15,732
Depreciation charged in the year
-
0
1,238
1,238
Eliminated in respect of disposals
-
0
(15,732)
(15,732)
At 5 April 2025
-
0
1,238
1,238
Carrying amount
At 5 April 2025
2,048,509
7,012
2,055,521
At 5 April 2024
2,048,509
-
0
2,048,509

In the Directors opinion the valuation of the properties represents their fair value.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
15,150
15,050
Other debtors
37,041
37,159
52,191
52,209
A SAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
39,740
36,548
Other creditors
674,794
684,315
714,534
720,863
2025-04-05 2024-04-06 false false false 30 December 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity A Salamone 4637457 2024-04-06 2025-04-05 4637457 bus:Director1 2024-04-06 2025-04-05 4637457 bus:RegisteredOffice 2024-04-06 2025-04-05 4637457 2025-04-05 4637457 2024-04-05 4637457 core:LandBuildings 2025-04-05 4637457 core:OtherPropertyPlantEquipment 2025-04-05 4637457 core:LandBuildings 2024-04-05 4637457 core:OtherPropertyPlantEquipment 2024-04-05 4637457 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-05 4637457 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 4637457 core:ShareCapital 2025-04-05 4637457 core:ShareCapital 2024-04-05 4637457 core:RetainedEarningsAccumulatedLosses 2025-04-05 4637457 core:RetainedEarningsAccumulatedLosses 2024-04-05 4637457 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 4637457 core:PlantMachinery 2024-04-06 2025-04-05 4637457 core:MotorVehicles 2024-04-06 2025-04-05 4637457 2023-04-06 2024-04-05 4637457 core:LandBuildings 2024-04-05 4637457 core:OtherPropertyPlantEquipment 2024-04-05 4637457 2024-04-05 4637457 core:LandBuildings 2024-04-06 2025-04-05 4637457 core:OtherPropertyPlantEquipment 2024-04-06 2025-04-05 4637457 core:CurrentFinancialInstruments 2025-04-05 4637457 core:CurrentFinancialInstruments 2024-04-05 4637457 core:WithinOneYear 2025-04-05 4637457 core:WithinOneYear 2024-04-05 4637457 bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 4637457 bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 4637457 bus:FRS102 2024-04-06 2025-04-05 4637457 bus:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 4637457 bus:FullAccounts 2024-04-06 2025-04-05 xbrli:pure xbrli:shares iso4217:GBP