Team Ashe Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07699176

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,692		8,623

			5,692		8,623
CURRENT ASSETS
Stocks	5	39,760		38,620
Debtors	6	107,712		105,805
Cash at bank and in hand		30,150		76,070

		177,622		220,495
Creditors: Amounts Falling Due Within One Year	7	(174,443 )		(180,558 )

NET CURRENT ASSETS (LIABILITIES)			3,179		39,937

TOTAL ASSETS LESS CURRENT LIABILITIES			8,871		48,560

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,081 )		(1,638 )

NET ASSETS			7,790		46,922

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			7,788		46,920

SHAREHOLDERS' FUNDS			7,790		46,922

Page 1

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Team Ashe Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Gary Ashe

Director

27/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Team Ashe Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07699176 . The registered office is C/O Emmaus Chartered Accountants, 377-399 London Road, Camberley, Surrey, GU15 3HL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. Revenue is recognised by stage of completion of contracts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Equipment	25% straight line
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Work-in-progress represents costs incurred towards jobs that have not yet been completed.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 6)

4. Tangible Assets

	Plant & Equipment	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2025	27,687	40,078	67,765

As at 31 December 2025	27,687	40,078	67,765

Depreciation
As at 1 January 2025	26,851	32,291	59,142
Provided during the period	836	2,095	2,931

As at 31 December 2025	27,687	34,386	62,073

Net Book Value
As at 31 December 2025	-	5,692	5,692

As at 1 January 2025	836	7,787	8,623

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Team Ashe Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Stocks

	2025	2024
	£	£
Work in progress	39,760	38,620

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	107,712	105,805

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	25,801	21,312
Bank loans and overdrafts	4,562	-
Other creditors	91,406	96,579
Taxation and social security	52,674	62,667

	174,443	180,558

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	10,713	18,365
Later than one year and not later than five years	-	10,713

	10,713	29,078

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Gary Ashe	47,816	1,848	-	-	49,664
Mrs Hayley Ashe	26,250	1,507	-	-	27,757

The above loan is unsecured, repayable on demand and interest is charged at HMRC's official rate.