Ashton Easy Wash Limited - Accounts to registrar (filleted) - small 18.2

Ashton Easy Wash Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v20.2.0.366 00863254 Board of Directors 1.11.18 31.10.19 31.10.19 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure008632542018-10-31008632542019-10-31008632542018-11-012019-10-31008632542017-10-31008632542017-11-012018-10-31008632542018-10-3100863254ns15:EnglandWales2018-11-012019-10-3100863254ns14:PoundSterling2018-11-012019-10-3100863254ns10:Director12018-11-012019-10-3100863254ns10:PrivateLimitedCompanyLtd2018-11-012019-10-3100863254ns10:SmallEntities2018-11-012019-10-3100863254ns10:AuditExemptWithAccountantsReport2018-11-012019-10-3100863254ns10:SmallCompaniesRegimeForDirectorsReport2018-11-012019-10-3100863254ns10:SmallCompaniesRegimeForAccounts2018-11-012019-10-3100863254ns10:AbridgedAccounts2018-11-012019-10-3100863254ns10:Director22018-11-012019-10-3100863254ns10:CompanySecretary12018-11-012019-10-3100863254ns10:RegisteredOffice2018-11-012019-10-3100863254ns5:CurrentFinancialInstruments2019-10-3100863254ns5:CurrentFinancialInstruments2018-10-3100863254ns5:Non-currentFinancialInstruments2019-10-3100863254ns5:Non-currentFinancialInstruments2018-10-3100863254ns5:ShareCapital2019-10-3100863254ns5:ShareCapital2018-10-3100863254ns5:RetainedEarningsAccumulatedLosses2019-10-3100863254ns5:RetainedEarningsAccumulatedLosses2018-10-3100863254ns5:LandBuildingsns5:OwnedOrFreeholdAssets2018-11-012019-10-3100863254ns5:PlantMachinery2018-11-012019-10-31
REGISTERED NUMBER: 00863254 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

ASHTON EASY WASH LIMITED

ASHTON EASY WASH LIMITED (REGISTERED NUMBER: 00863254)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

ASHTON EASY WASH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2019







DIRECTORS: S T Wright
G B Wright





SECRETARY:





REGISTERED OFFICE: 45 Union Road
New Mills
High Peak
SK22 3EL





REGISTERED NUMBER: 00863254 (England and Wales)





ACCOUNTANTS: A.Allen & Son Limited
45 Union Road
New Mills
High Peak
SK22 3EL

ASHTON EASY WASH LIMITED (REGISTERED NUMBER: 00863254)

ABRIDGED BALANCE SHEET
31 OCTOBER 2019

31/10/19 31/10/18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,180 107,561

CURRENT ASSETS
Debtors 25 1,065
Cash at bank and in hand 23,348 16,099
23,373 17,164
CREDITORS
Amounts falling due within one year 28,991 30,707
NET CURRENT LIABILITIES (5,618 ) (13,543 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,562

94,018

CREDITORS
Amounts falling due after more than one
year

(57,585

)

(59,240

)

PROVISIONS FOR LIABILITIES (141 ) (166 )
NET ASSETS 41,836 34,612

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,736 34,512
SHAREHOLDERS' FUNDS 41,836 34,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 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.

ASHTON EASY WASH LIMITED (REGISTERED NUMBER: 00863254)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2020 and were
signed on its behalf by:





G B Wright - Director


ASHTON EASY WASH LIMITED (REGISTERED NUMBER: 00863254)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2019

1. STATUTORY INFORMATION

Ashton Easy Wash Limited 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and
Retained Earnings, 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 6 (2018 - 6 ) .

ASHTON EASY WASH LIMITED (REGISTERED NUMBER: 00863254)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2019

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2018
and 31 October 2019 148,939
DEPRECIATION
At 1 November 2018 41,378
Charge for year 2,381
At 31 October 2019 43,759
NET BOOK VALUE
At 31 October 2019 105,180
At 31 October 2018 107,561

5. RELATED PARTY DISCLOSURES

G B Wright & J A J Wright (Partnership)

During the year the company incurred management services and charges for the sum of £13,000 (2018: £26,000)
from the partnership, a business in which G B Wright is a partner. At the year end the amount owing to the
partnership was £3,900. (2018: £6,500)

During the year the company received a loan from the partnership of £10,000. The loan has terms such that
minimum repayments of £10,000 per annum must be made and the loan may run for a maximum of 8 years.
Repayments were made during the year of £11,655 (2018 : £13,370) leaving a closing balance of £67,585 (2018
: £69,240). The loan is expected to be repaid by the 31st of October 2025 and the option to charge interest on a
commercial basis is at the discretion of the partners.

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G B Wright.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ASHTON EASY WASH LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Ashton Easy Wash Limited for the year ended 31 October 2019 which comprise the Statement of
Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ashton Easy Wash Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ashton Easy Wash Limited and state those matters that we have agreed to state to the Board of Directors of Ashton Easy Wash Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashton Easy Wash Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ashton Easy Wash Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ashton Easy Wash Limited. You consider that Ashton Easy Wash Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ashton Easy Wash Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






A.Allen & Son Limited
45 Union Road
New Mills
High Peak
SK22 3EL


28 July 2020