Ashcroft Holdings Ltd - Accounts to registrar (filleted) - small 18.2

Ashcroft Holdings Ltd - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 11279224 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th September 2021

for

Ashcroft Holdings Ltd

Ashcroft Holdings Ltd (Registered number: 11279224)






Contents of the Financial Statements
for the year ended 30th September 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ashcroft Holdings Ltd

Company Information
for the year ended 30th September 2021







DIRECTORS: C Ashcroft
Ms P Ward





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 11279224 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Ashcroft Holdings Ltd (Registered number: 11279224)

Balance Sheet
30th September 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Debtors 4 75,000 51,000
Cash at bank 9 690
75,009 51,690
CREDITORS
Amounts falling due within one year 5 33,737 10,960
NET CURRENT ASSETS 41,272 40,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,272

40,730

CREDITORS
Amounts falling due after more than one
year

6

40,000

40,000
NET ASSETS 1,272 730

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,172 630
1,272 730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2021 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.

Ashcroft Holdings Ltd (Registered number: 11279224)

Balance Sheet - continued
30th September 2021



The financial statements were approved by the Board of Directors and authorised for issue on 15th September 2022 and were signed on its behalf by:





C Ashcroft - Director


Ashcroft Holdings Ltd (Registered number: 11279224)

Notes to the Financial Statements
for the year ended 30th September 2021

1. STATUTORY INFORMATION

Ashcroft Holdings 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.

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.

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 (2020 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 75,000 51,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 741 -
Other creditors 22,996 960
33,737 10,960

Ashcroft Holdings Ltd (Registered number: 11279224)

Notes to the Financial Statements - continued
for the year ended 30th September 2021

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans 40,000 40,000

No security was required for the bank loan.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2021 and 30th September 2020:

2021 2020
£    £   
Ms P Ward
Balance outstanding at start of year 1,000 -
Amounts advanced - 1,000
Amounts repaid (1,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,000

The director's loan account is repayable within nine months of the accounting period end.

8. RELATED PARTY DISCLOSURES

Ashvestments Limited is a company related by common control. Ashcroft Holdings Limited has provided an interest free loan to Ashvestments Limited with the balance at the end of the accounting period of £50,000 (2020 - £50,000) included in Other Debtors.

Pinetrees Garage Limited is a company related by common control. Ashcroft Holdings Limited has provided an interest free loan to Pinetrees Garage Limited with the balance at the end of the accounting period of £25,000 (2020 - £nil) included in Other Debtors.

The director has provided the company with an interest free loan. The balance outstanding on this accounting period end of £22,000 (2020 - £nil) is included in other creditors.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.