REGISTERED NUMBER: 12973921 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

ASCENT ENERGY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Gregory

G P Duckers

REGISTERED OFFICE:

113 Chain House Lane

Whitestake

Preston

Lancashire

PR4 4LB

REGISTERED NUMBER:

12973921 (England and Wales)

ACCOUNTANTS:

Hunter Healey Limited

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

FIXED ASSETS

Intangible assets

4

6,840

-

Tangible assets

5

19,657

29,237

26,497

29,237

CURRENT ASSETS

Stocks

190,000

171,260

Debtors

6

457,516

475,809

Cash at bank

234,479

174,172

881,995

821,241

CREDITORS

Amounts falling due within one year

7

567,892

556,789

NET CURRENT ASSETS

314,103

264,452

TOTAL ASSETS LESS CURRENT LIABILITIES

340,600

293,689

CREDITORS

Amounts falling due after more than one year

8

(168,750

)

-

PROVISIONS FOR LIABILITIES

(5,522

)

(5,965

)

NET ASSETS

166,328

287,724

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

166,326

287,722

SHAREHOLDERS' FUNDS

166,328

287,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th May 2026 and were signed on its behalf by:

J A Gregory - Director

1.	STATUTORY INFORMATION

Ascent Energy Services Ltd 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.

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.

Website is being amortised evenly over its estimated useful life of nil years.

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

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 31 (2025 - 37 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

8,550

At 31st January 2026

8,550

AMORTISATION

Charge for year

1,710

At 31st January 2026

1,710

NET BOOK VALUE

At 31st January 2026

6,840

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2025

19,633

31,462

8,000

13,247

72,342

Additions

1,399

-

-

5,403

6,802

At 31st January 2026

21,032

31,462

8,000

18,650

79,144

DEPRECIATION

At 1st February 2025

12,889

15,098

5,469

9,649

43,105

Charge for year

4,206

6,292

633

5,251

16,382

At 31st January 2026

17,095

21,390

6,102

14,900

59,487

NET BOOK VALUE

At 31st January 2026

3,937

10,072

1,898

3,750

19,657

At 31st January 2025

6,744

16,364

2,531

3,598

29,237

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

385,291

370,308

Other debtors

72,225

105,501

457,516

475,809

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

75,000

-

Trade creditors

232,947

275,154

Taxation and social security

130,939

186,933

Other creditors

129,006

94,702

567,892

556,789

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

168,750

-