ASME Retail Limited

ASME Retail Limited
Statement of Financial Position
As at 30 November 2025

	2025		2024
	£	£	£	£
Fixed assets		9,269		10,970
Current assets	42,451		45,841
Prepayments and accrued income	2,500		2,500
Creditors: amounts	(4,812)		(8,566)
Net current assets		40,139		39,775
Total assets less current liabilities		49,408		50,745
Net assets		49,408		50,745


Capital and reserves		49,408		50,745

NOTES TO THE ACCOUNTS

General Information

ASME Retail Limited is a private company, limited by shares, registered in England and Wales, registration number 10490861, registration address Sarwan House, 350 Chester Road Walsall, Birmingham, WS9 9DE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

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

2.	Average number of employees Average number of employees during the year was 4 (2024 : 5).

3.	Directors’ advances, credits and guarantees There were no advances or credits granted to the directors during the year. No guarantees were entered into on behalf of the directors.

Financial commitments, guarantees and contingencies

At the reporting date the company had committed to a new operating lease for the premises at 21-23 Parkhill Road, Burntwood, commencing 2 January 2026 for a term of 10 years, at an initial rent of £17,000 per annum, subject to fixed annual increases of £500 and an upward-only rent review in year 5.

For the year ended 30 November 2025 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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 06 August 2026 and were signed on its behalf by:

--------------------------------
Manpreet Kaur
Director

Registered Number: 10490861
England and Wales
ASME RETAIL LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 30 November 2025