SACS of Ashbourne Limited

SACS of Ashbourne Limited
Contents Page
For the year ended 31 August 2025

Statement of financial position	1
Notes to the financial statements	2

SACS of Ashbourne Limited
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	22,199	25,899
Tangible fixed assets	4	16,068	21,424
		38,267	47,323
Current assets
Stocks		158,889	146,781
Debtors		345	337
Cash at bank and in hand		32,272	35,068
		191,506	182,186
Creditors: amount falling due within one year		(225,690)	(224,264)
Net current assets		(34,184)	(42,078)

Total assets less current liabilities		4,083	5,245
Net assets		4,083	5,245

Capital and reserves
Called up share capital		2	2
Profit and loss account		4,081	5,243
Shareholders' funds		4,083	5,245

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 May 2026 and were signed on its behalf by:

-------------------------------
Nicola Smith
Director

1

SACS of Ashbourne Limited
Notes to the Abridged Financial Statements
For the year ended 31 August 2025

General Information

SACS of Ashbourne Limited is a private company, limited by shares, registered in England and Wales, registration number 13471406, registration address 15 Dig Street, Ashbourne, Derbyshire, DE6 1GF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 4 (2024 : 4).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 September 2024	36,999	36,999
Additions	-	-
Disposals	-	-
At 31 August 2025	36,999	36,999
Amortisation
At 01 September 2024	11,100	11,100
Charge for year	3,700	3,700
On disposals	-	-
At 31 August 2025	14,800	14,800
Net book values
At 31 August 2025	22,199	22,199
At 31 August 2024	25,899	25,899

4.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 September 2024	50,000	723	50,723
Additions	-	-	-
Disposals	-	-	-
At 31 August 2025	50,000	723	50,723
Depreciation
At 01 September 2024	28,906	393	29,299
Charge for year	5,274	82	5,356
On disposals	-	-	-
At 31 August 2025	34,180	475	34,655
Net book values
Closing balance as at 31 August 2025	15,820	248	16,068
Opening balance as at 01 September 2024	21,094	330	21,424

2

Registered Number: 13471406
England and Wales
SACS OF ASHBOURNE LIMITED

Abridged Accounts

Period of accounts Start date: 01 September 2024 End date: 31 August 2025