ASP CARPENTRY SOLUTIONS LIMITED


Directors	PACKENAS, Andrew Sean
	PACKENAS, Steven Anthony


Company Secretary	PACKENAS, Andrew Sean


Registered Address	Suite 21, Cedarwood House
	Blackhorse Road
	Letchworth Garden City
	SG6 1HB


Registered Number	05913660 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		10,484		13,010
			10,484		13,010
Current assets
Debtors		187,952		163,229
Cash at bank and on hand		3,038		11,132
		190,990		174,361
Creditors amounts falling due within one year	4	(181,151)		(127,615)
Net current assets (liabilities)			9,839		46,746
Total assets less current liabilities			20,323		59,756
Creditors amounts falling due after one year	5		(19,962)		(48,739)
Net assets			361		11,017
Capital and reserves
Called up share capital			2		2
Profit and loss account			359		11,015
Shareholders' funds			361		11,017

The company was entitled to exemption from audit for this reporting period 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 May 2026, and are signed on its behalf by:

PACKENAS, Steven Anthony
Director
Registered Company No. 05913660

ASP CARPENTRY SOLUTIONS LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		5

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 September 24	9,322	80,178	10,164	99,664
Additions	805	-	-	805
At 31 August 25	10,127	80,178	10,164	100,469
Depreciation and impairment
At 01 September 24	6,977	71,633	8,044	86,654
Charge for year	1,195	2,136	-	3,331
At 31 August 25	8,172	73,769	8,044	89,985
Net book value
At 31 August 25	1,955	6,409	2,120	10,484
At 31 August 24	2,345	8,545	2,120	13,010

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	26,288	4,936
Bank borrowings and overdrafts	42,829	58,303
Taxation and social security	30,071	23,367
Other creditors	79,336	37,832
Accrued liabilities and deferred income	2,627	3,177
Total	181,151	127,615


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	19,962	48,739
Total	19,962	48,739

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
PACKENAS, Steven Anthony	23,784	19,085	0	42,869
	23,784	19,085	0	42,869


	This loan has been advanced interest free and is repayable on demand.