ASP Builders And Developers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05668381 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

ASP Builders And Developers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A E Todd

A K Todd

REGISTERED OFFICE:

Fairway

Station Road

Tetney

Grimsby

South Humberside

DN36 5HY

REGISTERED NUMBER:

05668381 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

FIXED ASSETS

Tangible assets

4

-

17,354

CURRENT ASSETS

Stocks

-

13,416

Debtors

5

801

104,257

Cash at bank

-

453,469

801

571,142

CREDITORS

Amounts falling due within one year

6

701

406,141

NET CURRENT ASSETS

100

165,001

TOTAL ASSETS LESS CURRENT
LIABILITIES

100

182,355

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

-

182,255

100

182,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by:

Mrs J A E Todd - Director

A K Todd - Director

1.	STATUTORY INFORMATION

ASP Builders And Developers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 January 2025

109,106

7,075

60,038

176,219

Disposals

(109,106

)

(7,075

)

(60,038

)

(176,219

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

103,180

6,422

49,263

158,865

Charge for year

2,452

378

8,081

10,911

Eliminated on disposal

(105,632

)

(6,800

)

(57,344

)

(169,776

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

5,926

653

10,775

17,354

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

-

101,314

CIS Debtor

-

750

Directors' current accounts

801

-

Prepayments

-

2,193

801

104,257

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

-

264,702

Tax

701

41,477

Social security and other taxes

-

1,005

VAT

-

61

Directors' current accounts

-

97,122

Accrued expenses

-

1,774

701

406,141

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

Mrs J A E Todd

Balance outstanding at start of year

(97,122

)

(111,176

)

Amounts advanced

154,413

38,853

Amounts repaid

(56,490

)

(24,799

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

801

(97,122

)

8.	RELATED PARTY DISCLOSURES

As ASP is going to be struck from the register following the 31.12.2025 accounts, the intercompany balance between ASP Builders and Developers Limited and A K Todd Builders Limited has been written off as an impairment of investment and will be a taxable source of income within A K Todd Builders within the same period.