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Company Registration No. 01418292 (England and Wales)
Ashvale Sawmills Limited Unaudited accounts for the year ended 31 March 2026
Ashvale Sawmills Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ashvale Sawmills Limited Company Information for the year ended 31 March 2026
Directors
Mrs L Golding Catt Mr S Catt
Company Number
01418292 (England and Wales)
Registered Office
East Shalford Lane Shalford Guildford Surrey GU4 8AS United Kingdom
Accountants
1ST CALL ACCOUNTS LTD 15 ROWHILL AVENUE ALDERSHOT HAMPSHIRE GU11 3LU
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Ashvale Sawmills Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
6,949
8,600
Current assets
Inventories
72,270
102,330
Debtors
120,374
134,241
Cash at bank and in hand
5,143
5,665
197,787
242,236
Creditors: amounts falling due within one year
(120,412)
(174,567)
Net current assets
77,375
67,669
Total assets less current liabilities
84,324
76,269
Provisions for liabilities
Deferred tax
(1,070)
(1,368)
Net assets
83,254
74,901
Capital and reserves
Called up share capital
5
2
2
Revaluation reserve
7,258
7,258
Profit and loss account
75,994
67,641
Shareholders' funds
83,254
74,901
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by
Mrs L Golding Catt Director Company Registration No. 01418292
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Ashvale Sawmills Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Ashvale Sawmills Limited is a private company, limited by shares, registered in England and Wales, registration number 01418292. The registered office is East Shalford Lane Shalford, Guildford, Surrey, GU4 8AS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% and 10% 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Pension costs
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme.
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Ashvale Sawmills Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2025
107,486
At 31 March 2026
107,486
Depreciation
At 1 April 2025
98,886
Charge for the year
1,651
At 31 March 2026
100,537
Net book value
At 31 March 2026
6,949
At 31 March 2025
8,600
5
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
6
Average number of employees
During the year the average number of employees was 4 (2025: 4).
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