Company Registration No. 9369357 (England and Wales)
Ashwood Finishings Ltd
Unaudited accounts
for the year ended 31 December 2025
Ashwood Finishings Ltd
Unaudited accounts
Contents
Ashwood Finishings Ltd
Company Information
for the year ended 31 December 2025
Company Number
9369357 (England and Wales)
Registered Office
Brookbreasting Cottage
Narrow Lane
Watnall
Nottingham
NG16 1HW
Accountants
Taylor Accountancy Ltd
2 Lynmoor Court
Hucknall
Nottingham
NG15 8FT
Ashwood Finishings Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
6,790
9,117
Cash at bank and in hand
1,672
17,681
Creditors: amounts falling due within one year
(24,341)
(22,209)
Net current assets/(liabilities)
32,011
(1,342)
Total assets less current liabilities
38,801
7,775
Creditors: amounts falling due after more than one year
(14,781)
(13,324)
Net assets/(liabilities)
24,020
(5,549)
Called up share capital
100
100
Profit and loss account
23,920
(5,649)
Shareholders' funds
24,020
(5,549)
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 September 2026 and were signed on its behalf by
Steven Wood
Director
Company Registration No. 9369357
Ashwood Finishings Ltd
Notes to the Accounts
for the year ended 31 December 2025
Ashwood Finishings Ltd is a private company, limited by shares, registered in England and Wales, registration number 9369357. The registered office is Brookbreasting Cottage, Narrow Lane, Watnall, Nottingham, NG16 1HW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
30% reducing balance
Motor vehicles
25% reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Ashwood Finishings Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2025
12,974
10,895
23,869
At 31 December 2025
12,974
10,895
23,869
At 1 January 2025
12,028
2,724
14,752
Charge for the year
284
2,043
2,327
At 31 December 2025
12,312
4,767
17,079
At 31 December 2025
662
6,128
6,790
At 31 December 2024
946
8,171
9,117
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
6,128
8,171
Amounts falling due within one year
Trade debtors
52,363
1,600
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,500
10,000
Obligations under finance leases and hire purchase contracts
3,052
3,138
Trade creditors
10,566
4,144
Taxes and social security
5,273
-
Loans from directors
-
2,394
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,312
5,824
Ashwood Finishings Ltd
Notes to the Accounts
for the year ended 31 December 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).