Accounts Submission

Accounts Submission

A.S.C BUSINESS ENTERPRISES LIMITED - Company Information

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A.S.C BUSINESS ENTERPRISES LIMITED

Company Registration Number:
11046800 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2020

Period of accounts

Start date: 01 December 2019

End date: 30 November 2020

Page 1

A.S.C BUSINESS ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2020

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7

Page 2

A.S.C BUSINESS ENTERPRISES LIMITED

Company Information

for the Period Ended 30 November 2020




Director: Aden Chaudhary
Registered office: 97
Repton Close
Luton
GBR
LU3 3UP
Company Registration Number: 11046800 (England and Wales)

Page 3

A.S.C BUSINESS ENTERPRISES LIMITED

Profit and Loss Account

for the Period Ended 30 November 2020


Notes
2020
£
2019
£
Gross Profit or (Loss) 49,547 26,220
Administrative Expenses ( 8,546 ) ( 2,410 )
Operating Profit or (Loss) 41,001 23,810
Profit or (Loss) Before Tax 41,001 23,810
Tax on Profit ( 7,790 ) ( 4,480 )
Profit or (Loss) for Period 33,211 19,330

The notes form part of these financial statements

Page 4

A.S.C BUSINESS ENTERPRISES LIMITED

Balance sheet

As at 30 November 2020


Notes
2020
£
2019
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 5,965 1
Cash at bank and in hand: 0 6,453
Total current assets: 5,965 6,454
Prepayments and accrued income: 230
Creditors: amounts falling due within one year: ( 4,260 ) ( 4,980 )
Net current assets (liabilities): 1,705 1,704
Total assets less current liabilities: 1,705 1,704
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 1,705 1,704

The notes form part of these financial statements

Page 5

A.S.C BUSINESS ENTERPRISES LIMITED

Balance sheet continued

As at 30 November 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,704 1,703
Shareholders funds: 1,705 1,704

For the year ending 30 November 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 April 2021
And Signed On Behalf Of The Board By:

Name: Aden Chaudhary
Status: Director

The notes form part of these financial statements

Page 6

A.S.C BUSINESS ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 7

A.S.C BUSINESS ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 1 1

Page 8

A.S.C BUSINESS ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 3. Off balance sheet disclosure

    No

Page 9