REGISTERED NUMBER: 08624690 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

ASLETTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L H Aslett

REGISTERED OFFICE:

Unit 14

Innovation Centre

Highfield Drive

St. Leonards-On-Sea

East Sussex

TN38 9UH

REGISTERED NUMBER:

08624690 (England and Wales)

ACCOUNTANTS:

Dominic Hill Associates Limited

Archer House

Britland Estate

Northbourne Road

Eastbourne

BN22 8PW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

55,377

24,087

Investments

6

231,775

159,194

287,152

183,281

CURRENT ASSETS

Stocks

73,731

20,859

Debtors

7

113,355

195,598

Cash at bank

62,486

48,439

249,572

264,896

CREDITORS

Amounts falling due within one year

8

213,203

217,481

NET CURRENT ASSETS

36,369

47,415

TOTAL ASSETS LESS CURRENT LIABILITIES

323,521

230,696

CREDITORS

Amounts falling due after more than one year

9

63,497

84,384

NET ASSETS

260,024

146,312

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

62,089

(38,441

)

Retained earnings

197,835

184,653

SHAREHOLDERS' FUNDS

260,024

146,312

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

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

The director acknowledges his 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 director and authorised for issue on 31 December 2025 and were signed by:

Mr L H Aslett - Director

1.	STATUTORY INFORMATION

Asletts Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

30,000

AMORTISATION

At 1 August 2024

and 31 July 2025

30,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

65,561

Additions

41,064

At 31 July 2025

106,625

DEPRECIATION

At 1 August 2024

41,474

Charge for year

9,774

At 31 July 2025

51,248

NET BOOK VALUE

At 31 July 2025

55,377

At 31 July 2024

24,087

6.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 August 2024

159,194

Additions

72,581

At 31 July 2025

231,775

NET BOOK VALUE

At 31 July 2025

231,775

At 31 July 2024

159,194

Cost or valuation at 31 July 2025 is represented by:

Other

investment

£

Valuation in 2022

23,535

Valuation in 2023

782

Valuation in 2024

134,877

Valuation in 2025

72,581

231,775

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,663

169,293

Other debtors

77,692

26,305

113,355

195,598

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

61,445

57,055

Hire purchase contracts

3,849

-

Trade creditors

49,636

12,245

Taxation and social security

93,900

105,835

Other creditors

4,373

42,346

213,203

217,481

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

51,393

84,384

Hire purchase contracts

12,104

-

63,497

84,384

10.

RESERVES

Revaluatio

reserve

£

At 1 August 2024

(38,441

)

Revaluation reserve

100,530

At 31 July 2025

62,089

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr L H Aslett.