A. S. C. C. (UK) Limited - Accounts to registrar (filleted) - small 18.2

A. S. C. C. (UK) Limited - Accounts to registrar (filleted) - small 18.2

A. S. C. C. (UK) LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v21.4.0.171 09076782 Board of Directors 1.4.20 31.3.21 31.3.21 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090767822020-03-31090767822021-03-31090767822020-04-012021-03-31090767822018-12-31090767822019-01-012020-03-31090767822020-03-3109076782ns16:EnglandWales2020-04-012021-03-3109076782ns15:PoundSterling2020-04-012021-03-3109076782ns11:Director12020-04-012021-03-3109076782ns11:PrivateLimitedCompanyLtd2020-04-012021-03-3109076782ns11:SmallEntities2020-04-012021-03-3109076782ns11:AuditExemptWithAccountantsReport2020-04-012021-03-3109076782ns11:SmallCompaniesRegimeForDirectorsReport2020-04-012021-03-3109076782ns11:SmallCompaniesRegimeForAccounts2020-04-012021-03-3109076782ns11:FullAccounts2020-04-012021-03-310907678212020-04-012021-03-3109076782ns11:Director22020-04-012021-03-3109076782ns11:RegisteredOffice2020-04-012021-03-3109076782ns6:CurrentFinancialInstruments2021-03-3109076782ns6:CurrentFinancialInstruments2020-03-3109076782ns6:ShareCapital2021-03-3109076782ns6:ShareCapital2020-03-3109076782ns6:RetainedEarningsAccumulatedLosses2021-03-3109076782ns6:RetainedEarningsAccumulatedLosses2020-03-3109076782ns6:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3109076782ns6:ComputerSoftware2020-04-012021-03-3109076782ns6:PlantMachinery2020-04-012021-03-3109076782ns6:IntangibleAssetsOtherThanGoodwill2020-03-3109076782ns6:IntangibleAssetsOtherThanGoodwill2021-03-3109076782ns6:IntangibleAssetsOtherThanGoodwill2020-03-3109076782ns6:PlantMachinery2020-03-3109076782ns6:PlantMachinery2021-03-3109076782ns6:PlantMachinery2020-03-3109076782ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-03-3109076782ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-03-31
REGISTERED NUMBER: 09076782 (England and Wales)












A. S. C. C. (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2021






A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

A. S. C. C. (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2021







DIRECTORS: A S C Christie
J T Banks





REGISTERED OFFICE: 2 St Andrews Place
Lewes
East Sussex
BN7 1UP





REGISTERED NUMBER: 09076782 (England and Wales)





ACCOUNTANTS: Clark Brownscombe
Chartered Accountants
2 St Andrews Place
Lewes
East Sussex
BN7 1UP
Page 1
A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

BALANCE SHEET
31ST MARCH 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 832 1,942
Tangible assets 5 20,107 19,786
20,939 21,728

CURRENT ASSETS
Stocks 238 605
Debtors 6 - 3,258
Cash at bank 32,523 22,923
32,761 26,786
CREDITORS
Amounts falling due within one year 7 38,429 31,371
NET CURRENT LIABILITIES (5,668 ) (4,585 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
15,271
17,143

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 15,171 17,043
SHAREHOLDERS' FUNDS 15,271 17,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 notes form part of these financial statements

Page 2 continued...
A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

BALANCE SHEET - continued
31ST MARCH 2021


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 8th December 2021 and were signed on its behalf by:





A S C Christie - Director


The notes form part of these financial statements

Page 3
A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2021


1. STATUTORY INFORMATION

A. S. C. C. (UK) 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.

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.

Website costs 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.

Website costs are being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 25% on reducing balance and 10% on cost

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.


Page 4 continued...
A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2021


2. ACCOUNTING POLICIES - continued
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.

Going concern and covid-19
The directors have considered the company's financial position for the twelve months from the date of signing the financial statements including any factors in relation to COVID-19 and conclude that there are no material uncertainties in relation to going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st April 2020
and 31st March 2021 4,440
AMORTISATION
At 1st April 2020 2,498
Charge for year 1,110
At 31st March 2021 3,608
NET BOOK VALUE
At 31st March 2021 832
At 31st March 2020 1,942

Page 5 continued...
A. S. C. C. (UK) LIMITED (REGISTERED NUMBER: 09076782)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2021


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2020 34,095
Additions 9,215
At 31st March 2021 43,310
DEPRECIATION
At 1st April 2020 14,309
Charge for year 8,894
At 31st March 2021 23,203
NET BOOK VALUE
At 31st March 2021 20,107
At 31st March 2020 19,786

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors - 3,258

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Taxation and social security 18,347 14,027
Other creditors 20,082 17,344
38,429 31,371

Page 6
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A. S. C. C. (UK) 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 A. S. C. C. (UK) Limited for the year ended 31st March 2021 which comprise the Income Statement, 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 A. S. C. C. (UK) 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 A. S. C. C. (UK) Limited and state those matters that we have agreed to state to the Board of Directors of A. S. C. C. (UK) 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 A. S. C. C. (UK) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. S. C. C. (UK) 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 A. S. C. C. (UK) Limited. You consider that A. S. C. C. (UK) 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 A. S. C. C. (UK) 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.






Clark Brownscombe
Chartered Accountants
2 St Andrews Place
Lewes
East Sussex
BN7 1UP


14th December 2021

This page does not form part of the statutory financial statements

Page 7