REGISTERED NUMBER: 11847001 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

ASHBY & ASHBY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S G Ashby

Mr A Ashby

REGISTERED OFFICE:

Lidgett House

56 Lidgett Lane

Leeds

LS25 1LL

REGISTERED NUMBER:

11847001 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Lidgett House

56 Lidgett Lane

Garforth

Leeds

LS25 1LL

FIXED ASSETS

Tangible assets

4

864,577

866,103

CURRENT ASSETS

Debtors

5

3,627

3,627

Cash at bank

1,272

1,069

4,899

4,696

CREDITORS

Amounts falling due within one year

6

914,069

912,301

NET CURRENT LIABILITIES

(909,170

)

(907,605

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(44,593

)

(41,502

)

PROVISIONS FOR LIABILITIES

5,091

5,473

NET LIABILITIES

(49,684

)

(46,975

)

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

7

11,843

11,843

Profit and loss account

7

(61,727

)

(59,018

)

(49,684

)

(46,975

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 October 2026 and were signed on its behalf by:

Mrs S G Ashby - Director

1.	STATUTORY INFORMATION

Ashby & Ashby Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

860,000

16,945

876,945

DEPRECIATION

At 1 March 2025

-

10,842

10,842

Charge for year

-

1,526

1,526

At 28 February 2026

-

12,368

12,368

NET BOOK VALUE

At 28 February 2026

860,000

4,577

864,577

At 28 February 2025

860,000

6,103

866,103

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

3,627

3,627

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' loan accounts

912,379

910,674

Accrued expenses

1,690

1,627

914,069

912,301

7.

RESERVES

Profit

Fair

and loss

value

account

reserve

Totals

£

£

£

At 1 March 2025

(59,018

)

11,843

(47,175

)

Deficit for the year

(2,709

)

(2,709

)

At 28 February 2026

(61,727

)

11,843

(49,884

)

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

Mr A Ashby

Balance outstanding at start of year

(910,674

)

(817,278

)

Amounts advanced

(1,705

)

-

Amounts repaid

-

(93,396

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(912,379

)

(910,674

)