REGISTERED NUMBER: 15307068 (England and Wales)

ASHRIDGE PROJECTS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMB

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Hammond

L Barlow

C S Eley

SECRETARY:

REGISTERED OFFICE:

The Bridge House

Mill Lane

Dronfield

Derbyshire

S18 2XL

REGISTERED NUMBER:

15307068 (England and Wales)

ACCOUNTANTS:

Ian R Collins & Co

The Bridge House

Mill Lane

Dronfield

Derbyshire

S18 2XL

FIXED ASSETS

Investment property

4

-

153,865

CURRENT ASSETS

Stocks

177,473

-

Debtors

5

100

100

Cash at bank

256

4,075

177,829

4,175

CREDITORS

Amounts falling due within one year

6

(183,069

)

(160,660

)

NET CURRENT LIABILITIES

(5,240

)

(156,485

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,240

)

(2,620

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(5,340

)

(2,720

)

(5,240

)

(2,620

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 30th June 2026 and were signed on its behalf by:

A Hammond - Director

1.	STATUTORY INFORMATION

Ashridge Projects Ltd 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.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st December 2024

153,865

Reclassification/transfer

(153,865

)

At 30th November 2025

-

NET BOOK VALUE

At 30th November 2025

-

At 30th November 2024

153,865

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

100

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(1

)

-

Other creditors

183,070

160,660

183,069

160,660

7.	RELATED PARTY TRANSACTIONS

The company owed a total of £182,380 (2024: £160,000) in directors' loans at the year end. This amount is included in other creditors.

8.	BASIS OF PREPARATION - BREAK-UP BASIS

The directors have resolved that the company will cease trading and be wound up following disposal of the company's property, which is held as stock and is expected to be sold within twelve months of the date of approval of these financial statements.

Following the sale, the directors intend to settle all outstanding liabilities, including the balances due under the directors' loan accounts, and apply for the company to be struck off.

Accordingly, the financial statements have not been prepared on the going concern basis but on the break-up basis of accounting.

In preparing the financial statements on the break-up basis, the directors have considered the expected realisation of the company's assets and the settlement of its liabilities. The directors expect that the proceeds from the sale of the property will be sufficient to settle all liabilities in full.

Accordingly, no material adjustments have been made to the carrying amounts of the company's assets and liabilities as a consequence of adopting the break-up basis of accounting.