A.S.H. Exploration Services Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 03340118 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th April 2021

for

A.S.H. Exploration Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L A Hewitt

S A Hewitt

REGISTERED OFFICE:

118 Portland Road

Bromley

Kent

BR1 5AZ

REGISTERED NUMBER:

03340118 (England and Wales)

ACCOUNTANTS:

Sigma Partners

Chartered Certified Accountants

Delmon House

36-38 Church Road

Burgess Hill

West Sussex

RH15 9AE

FIXED ASSETS

Tangible assets

4

1,371

2,289

CURRENT ASSETS

Debtors

5

59,906

45,156

Cash at bank

29

7,745

59,935

52,901

CREDITORS

Amounts falling due within one year

6

61,132

54,372

NET CURRENT LIABILITIES

(1,197

)

(1,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

174

818

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

74

718

SHAREHOLDERS' FUNDS

174

818

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2023 and were signed on its behalf by:

M L A Hewitt - Director

1.	STATUTORY INFORMATION

A.S.H. Exploration Services 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.

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

-

20% on cost

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.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2020

and 30th April 2021

24,119

DEPRECIATION

At 1st May 2020

21,830

Charge for year

918

At 30th April 2021

22,748

NET BOOK VALUE

At 30th April 2021

1,371

At 30th April 2020

2,289

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

59,906

45,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

58,672

49,703

Other creditors

2,460

4,669

61,132

54,372

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2021 and 30th April 2020:

2021

2020

£

£

S A Hewitt

Balance outstanding at start of year

(1,569

)

(3,054

)

Amounts advanced

14,620

31,890

Amounts repaid

(9,717

)

(30,405

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,334

(1,569

)

M L A Hewitt

Balance outstanding at start of year

45,156

30,371

Amounts advanced

34,090

73,410

Amounts repaid

(22,674

)

(58,625

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

56,572

45,156