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
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
Ashvale Sawmills Limited
Statement of financial position
as at 31 March 2026
Tangible assets
6,949
8,600
Inventories
72,270
102,330
Cash at bank and in hand
5,143
5,665
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)
Called up share capital
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
Ashvale Sawmills Limited
Notes to the Accounts
for the year ended 31 March 2026
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 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.
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.
Ashvale Sawmills Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Total
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).