AS Modelling & Data Limited - Filleted accounts

AS Modelling & Data Limited
Registered number:		09029918
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		38,209			50,376

Current assets
Debtors	5	48,106			112,780
Cash at bank and in hand		428,970			220,238
		477,076			333,018

Creditors: amounts falling due within one year	6	(155,627)			(91,907)

Net current assets			321,449			241,111

Total assets less current liabilities			359,658			291,487

Creditors: amounts falling due after more than one year	7		(21,690)			(22,650)



Net assets			337,968			268,837

Capital and reserves
Called up share capital			100			100
Profit and loss account			337,868			268,737

Shareholders' funds			337,968			268,837

The directors are 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 directors acknowledge their 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.




Mrs SA Young
Director
Approved by the board on 15 August 2026

AS Modelling & Data Limited
Notes to the Accounts
for the year ended 31 May 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
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Vehicles	20% reducing balance
	IT equipment	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, 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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. 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. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		4


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 June 2025					20,000
	At 31 May 2026					20,000

	Amortisation
	At 1 June 2025					20,000
	At 31 May 2026					20,000

	Net book value
	At 31 May 2026					-

	Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2025	4,664		111,667		116,331
	At 31 May 2026	4,664		111,667		116,331

	Depreciation
	At 1 June 2025	1,166		64,789		65,955
	Charge for the year	1,166		11,001		12,167
	At 31 May 2026	2,332		75,790		78,122

	Net book value
	At 31 May 2026	2,332		35,877		38,209
	At 31 May 2025	3,498		46,878		50,376


5	Debtors			2026		2025
£					£

	Trade debtors			48,106		112,780


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Corporation tax			49,695		13,051
	Other taxes and social security costs			17,547		17,477
	Other creditors			88,385		61,379
				155,627		91,907


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			21,690		22,650


8	Controlling party

	The company is controlled by the 3 directors who own > 75% of the called up share capital.


9	Other information

	AS Modelling & Data Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Office 2 The Forum
	Victoria Road
	Shifnal
	Shropshire
	TF11 8FE