1 September 2024 false No description of principal activity Taxfiler 2024.6 14314711business:PrivateLimitedCompanyLtd2024-09-012025-08-31 143147112024-08-31 143147112024-09-012025-08-31 14314711business:AuditExempt-NoAccountantsReport2024-09-012025-08-31 14314711business:FilletedAccounts2024-09-012025-08-31 143147112025-08-31 14314711business:Director12024-09-012025-08-31 14314711business:RegisteredOffice2024-09-012025-08-31 143147112024-08-31 14314711core:WithinOneYear2025-08-31 14314711core:WithinOneYear2024-08-31 14314711core:AfterOneYear2025-08-31 14314711core:AfterOneYear2024-08-31 14314711core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 14314711core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 14314711core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 14314711core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 14314711core:PreviouslyStatedAmount2025-08-31 14314711core:PreviouslyStatedAmount2024-08-31 14314711business:SmallEntities2024-09-012025-08-31 14314711countries:EnglandWales2024-09-012025-08-31 14314711core:MotorVehicles2024-08-31 14314711core:MotorVehicles2024-09-012025-08-31 14314711core:MotorVehicles2025-08-31 143147112023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14314711 (England and Wales)
ASKC ASSET MANAGEMENT LTD Unaudited accounts for the year ended 31 August 2025
ASKC ASSET MANAGEMENT LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ASKC ASSET MANAGEMENT LTD Company Information for the year ended 31 August 2025
Director
Alexander Siu Kong Cheung
Company Number
14314711 (England and Wales)
Registered Office
1 Duffield Road Derby Derbyshire DE1 3BB England
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ASKC ASSET MANAGEMENT LTD Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
54,454 
74,081 
Current assets
Debtors
5
670,000 
500,000 
Cash at bank and in hand
272,040 
367,782 
942,040 
867,782 
Creditors: amounts falling due within one year
6
(636,987)
(460,376)
Net current assets
305,053 
407,406 
Total assets less current liabilities
359,507 
481,487 
Creditors: amounts falling due after more than one year
7
- 
(238,837)
Net assets
359,507 
242,650 
Capital and reserves
Called up share capital
12 
12 
Profit and loss account
359,495 
242,638 
Shareholders' funds
359,507 
242,650 
For the year ending 31 August 2025 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 28 May 2026 and were signed on its behalf by
Alexander Siu Kong Cheung Director Company Registration No. 14314711
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ASKC ASSET MANAGEMENT LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
ASKC ASSET MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 14314711. The registered office is 1 Duffield Road, Derby, Derbyshire, DE1 3BB, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 September 2024
80,475 
Additions
76,912 
Disposals
(78,387)
At 31 August 2025
79,000 
Depreciation
At 1 September 2024
6,394 
Charge for the year
18,152 
At 31 August 2025
24,546 
Net book value
At 31 August 2025
54,454 
At 31 August 2024
74,081 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Other debtors
670,000 
500,000 
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ASKC ASSET MANAGEMENT LTD Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
38,488 
57,975 
Other creditors
597,638 
1,000 
Accruals
861 
1,401 
Deferred income
- 
400,000 
636,987 
460,376 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
- 
200,000 
Loans from directors
- 
38,837 
- 
238,837 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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