Registration number: 02902032

Ascot Autoclaves Ltd.

(Registration number: 02902032)
Statement of Financial Position as at 31 March 2026

	Note	2026 £	2025 £
Current assets
Debtors	6	4,937	-
Cash at bank and in hand		44,793	66,963
		49,730	66,963
Creditors: Amounts falling due within one year	7	(44,635)	(61,868)
Net assets		5,095	5,095
Capital and reserves
Called up share capital		100	100
Share premium reserve		4,995	4,995
Shareholders' funds		5,095	5,095

For the financial year ending 31 March 2026 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 18 August 2026 and signed on its behalf by:
 

......................................... Mr R D Warren Director

Ascot Autoclaves Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 6 The Lawrence Centre, Oaklands Park, Wokingham, Berkshire, RG41 2FE.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% Straight line
Motor vehicles	33% Straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Ascot Autoclaves Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Asset class	Amortisation method and rate
Goodwill	25% Straight line

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 2).

Ascot Autoclaves Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Intangible assets

Cost or valuation

Amortisation

Carrying amount

At 31 March 2026

5	Tangible assets

Cost or valuation

Depreciation

Carrying amount

At 31 March 2026

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of short leasehold land and buildings.
 

6

Debtors

	Note	2026 £	2025 £
Amounts owed by related parties		4,937	-
		4,937	-

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Amounts owed to group undertakings and undertakings in which the company has a participating interest		-	17,233
Other creditors		44,635	44,635
		44,635	61,868