Company Registration No. 08752303 (England and Wales)
Ascent Global Finance Limited
Unaudited accounts
for the year ended 31 October 2018
Ascent Global Finance Limited
Unaudited accounts
Contents
Ascent Global Finance Limited
Company Information
for the year ended 31 October 2018
Directors
Francis Ingram
Sandip Patel
Company Number
08752303 (England and Wales)
Registered Office
CHESTER HOUSE
81-83 FULHAM HIGH STREET
LONDON
SW6 3JA
Accountants
Karen Adsett
35 Homewood
Findon
Worthing
West Sussex
BN14 0XA
Ascent Global Finance Limited
Statement of financial position
as at
31 October 2018
Cash at bank and in hand
114,122
54,231
Creditors: amounts falling due within one year
(86,537)
(48,032)
Net current (liabilities)/assets
(14,603)
7,297
Net (liabilities)/assets
(14,603)
7,297
Called up share capital
1,000
1,000
Profit and loss account
(15,603)
6,297
Shareholders' funds
(14,603)
7,297
For the year ending 31 October 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 directors acknowledge their 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 29 July 2019.
Francis Ingram
Director
Company Registration No. 08752303
Ascent Global Finance Limited
Notes to the Accounts
for the year ended 31 October 2018
Ascent Global Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 08752303. The registered office is CHESTER HOUSE, 81-83 FULHAM HIGH STREET, LONDON, SW6 3JA.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Other debtors
(42,188)
1,098
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
98,361
44,920
Taxes and social security
851
3,112
Loans from directors
(12,675)
-
6
Average number of employees
During the year the average number of employees was 0 (2017: 0).