Company Registration No. 03041575 (England and Wales)
Ashby Professional Services Limited
Unaudited accounts
for the year ended 30 April 2018
Ashby Professional Services Limited
Unaudited accounts
Contents
Ashby Professional Services Limited
Company Information
for the year ended 30 April 2018
Company Number
03041575 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Ashby Professional Services Limited
Statement of financial position
as at 30 April 2018
Investment property
40,023
40,023
Cash at bank and in hand
534
557
Creditors: amounts falling due within one year
(483)
(211)
Net current assets
51
3,215
Called up share capital
2
2
Profit and loss account
72,752
75,916
Shareholders' funds
72,754
75,918
For the year ending 30 April 2018 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.
Approved by the Board on 20 March 2019.
M Rosen
Director
Company Registration No. 03041575
Ashby Professional Services Limited
Notes to the Accounts
for the year ended 30 April 2018
Ashby Professional Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03041575. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
These financial statements for the year ended 30 April 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are included at fair value.
Fair value at 1 May 2017
40,023
The investment property was valued by the directors on an open market for existing use basis.
5
Investments
Other investments
Valuation at 1 May 2017
32,680
Valuation at 30 April 2018
32,680
Investments comprise shares held in listed UK companies.
Ashby Professional Services Limited
Notes to the Accounts
for the year ended 30 April 2018
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
68
211
Loans from directors
376
-
8
Transactions with related parties
Included in the creditors is an amount of £376 due to a director of the company (2017: £2,869 due from a director of the company and included within other debtors).
9
Average number of employees
During the year the average number of employees was 1 (2017: 1).
