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 2022

for

A.S.H. Exploration Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M L 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

709

1,371

CURRENT ASSETS

Debtors

5

51,034

59,906

Cash at bank

-

29

51,034

59,935

CREDITORS

Amounts falling due within one year

6

60,807

61,132

NET CURRENT LIABILITIES

(9,773

)

(1,197

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,064

)

174

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(9,164

)

74

SHAREHOLDERS' FUNDS

(9,064

)

174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17th July 2023 and were signed 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 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2021

and 30th April 2022

24,119

DEPRECIATION

At 1st May 2021

22,748

Charge for year

662

At 30th April 2022

23,410

NET BOOK VALUE

At 30th April 2022

709

At 30th April 2021

1,371

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

51,034

59,906

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

4

-

Taxation and social security

57,182

58,672

Other creditors

3,621

2,460

60,807

61,132

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2022 and 30th April 2021:

2022

2021

£

£

S A Hewitt

Balance outstanding at start of year

3,334

(1,569

)

Amounts advanced

3,423

14,620

Amounts repaid

(7,017

)

(9,717

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(260

)

3,334

M L A Hewitt

Balance outstanding at start of year

56,572

45,156

Amounts advanced

3,763

34,090

Amounts repaid

(9,301

)

(22,674

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

51,034

56,572