AS( (Wales) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10151964 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

AS( (Wales) Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

147,268

159,768

Tangible assets

5

506,811

487,025

654,079

646,793

CURRENT ASSETS

Stocks

110,000

115,000

Debtors

6

-

6,777

Cash at bank and in hand

507,863

140,588

617,863

262,365

CREDITORS

Amounts falling due within one year

7

662,367

418,266

NET CURRENT LIABILITIES

(44,504

)

(155,901

)

TOTAL ASSETS LESS CURRENT LIABILITIES

609,575

490,892

CREDITORS

Amounts falling due after more than one year

8

5,870

NET ASSETS

603,705

485,022

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

603,704

485,021

SHAREHOLDERS' FUNDS

603,705

485,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 8 September 2026 and were signed by:

S Kumar - Director

1.	STATUTORY INFORMATION

AS( (Wales) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10151964

Registered office:

16 Lon-Yr-Awel

Pontyclun

CF72 9AW

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

228,268

AMORTISATION

At 1 May 2025

68,500

Charge for year

12,500

At 30 April 2026

81,000

NET BOOK VALUE

At 30 April 2026

147,268

At 30 April 2025

159,768

5.	TANGIBLE FIXED ASSETS

Freehold

Short

Plant and

property

leasehold

machinery

£

COST

At 1 May 2025

410,955

1

3,434

Additions

-

At 30 April 2026

410,955

1

3,434

DEPRECIATION

At 1 May 2025

-

687

Charge for year

-

549

At 30 April 2026

-

1,236

NET BOOK VALUE

At 30 April 2026

410,955

1

2,198

At 30 April 2025

410,955

1

2,747

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 May 2025

107,305

19,535

541,230

Additions

7,370

39,781

47,151

At 30 April 2026

114,675

59,316

588,381

DEPRECIATION

At 1 May 2025

48,634

4,884

54,205

Charge for year

13,208

13,608

27,365

At 30 April 2026

61,842

18,492

81,570

NET BOOK VALUE

At 30 April 2026

52,833

40,824

506,811

At 30 April 2025

58,671

14,651

487,025

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Other debtors

-

6,777

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Bank loans and overdrafts

50,341

66,432

Hire purchase contracts

3,858

Trade creditors

142,957

100,614

Taxation and social security

93,868

60,751

Other creditors

371,343

186,611

662,367

418,266

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

Hire purchase contracts

5,870

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

1

Ordinary £1 shares

1

10.	ULTIMATE CONTROLLING PARTY

The controlling party is S Kumar.