| Ainsworth Capital Limited |
| Registered number: |
07300332 |
| Balance Sheet |
| as at 30 June 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
655 |
|
|
- |
| Investments |
4 |
|
|
375,000 |
|
|
375,000 |
|
|
|
|
375,655 |
|
|
375,000 |
|
| Current assets |
| Investments held as current assets |
5 |
|
406,320 |
|
|
293,472 |
| Cash at bank and in hand |
|
|
2,090 |
|
|
2,504 |
|
|
|
408,410 |
|
|
295,976 |
|
| Creditors: amounts falling due within one year |
6 |
|
(35,402) |
|
|
(29,950) |
|
| Net current assets |
|
|
|
373,008 |
|
|
266,026 |
|
| Total assets less current liabilities |
|
|
|
748,663 |
|
|
641,026 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(12,289) |
|
|
- |
|
| Provisions for liabilities |
|
|
|
(30,824) |
|
|
(30,660) |
|
|
| Net assets |
|
|
|
705,550 |
|
|
610,366 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
705,548 |
|
|
610,364 |
|
| Shareholders' funds |
|
|
|
705,550 |
|
|
610,366 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J. Ainsworth |
| Director |
| Approved by the board on 3 August 2026 |
|
| Ainsworth Capital Limited |
| Notes to the Accounts |
| for the year ended 30 June 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Rental income is regonised on an accruals basis. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, tools and equipment |
over 3 years |
|
|
Investments |
|
Unlisted investments are measured at fair value. Unlisted property investments are initially measured at cost and are periodically revalued. Changes in value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
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. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 July 2025 |
1,344 |
|
Additions |
983 |
|
Disposals |
(699) |
|
At 30 June 2026 |
1,628 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2025 |
1,344 |
|
Charge for the year |
328 |
|
On disposals |
(699) |
|
At 30 June 2026 |
973 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2026 |
655 |
|
|
| 4 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 July 2025 |
375,000 |
|
|
At 30 June 2026 |
375,000 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 July 2025 |
252,359 |
|
At 30 June 2026 |
252,359 |
|
|
|
|
|
|
|
|
|
|
The director has reviewed the value of the property based on similar properties in the area and determined the value to be £375,000 [2025: £375,000] |
|
|
| 5 |
Investments held as current assets |
2026 |
|
2025 |
| £ |
£ |
|
Fair value |
|
Unlisted investments |
406,320 |
|
293,472 |
|
|
|
|
|
|
|
|
|
|
Increase/(decrease) in fair value included in the profit and loss account for the financial year |
|
Unlisted investments |
142,848 |
|
55,218 |
|
|
|
|
|
|
|
|
|
|
Unlisted current asset investments are revalued at fair value each year. |
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
1,755 |
|
14,167 |
|
Taxation and social security costs |
29,039 |
|
11,175 |
|
Other creditors |
4,608 |
|
4,608 |
|
|
|
|
|
|
35,402 |
|
29,950 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
12,289 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Ainsworth Capital Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
22 The Chase |
|
Reigate |
|
RH2 7DH |