Year Ended
Registration number:
Ashton Bentley Developments Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Ashton Bentley Developments Limited
Company Information
Directors |
Mr R N McArdell Mr A W Leedham |
Company secretary |
Michelmores Secretaries Limited |
Registered office |
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Accountants |
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Ashton Bentley Developments Limited
Balance Sheet
30 September 2022
Note |
2022 |
2021 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
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Net assets/(liabilities) |
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( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds/(deficit) |
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( |
Ashton Bentley Developments Limited
Balance Sheet
30 September 2022
For the financial year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 10179542
Ashton Bentley Developments Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2022
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
23 Schooner Park
Schooner Court
Crossways Business Park
Dartford
DA2 6NW
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There are no material departures from FRS 102
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of Ashton Bentley Developments Limited is considered to be pounds sterling because it is the currency of the primary economic environment in which the company operates.
Revenue recognition
Rental income is recognised on a straight line basis over the life of lease granted.
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive
income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been
enacted or substantively enacted by the reporting date in the countries where the company operates
and generates taxable income.
Ashton Bentley Developments Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2022
Investment property
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Financial instruments
Classification
Recognition and measurement
The company holds the following financial instruments:
• Short term trade creditors.
All of the financial instruments of the company are considered to be basic financial instruments. Such instruments are initially measured at transaction price, including transaction costs. Those instruments considered current are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
The company does not employ any staff other than the directors. The directors are remunerated from another group company.
Ashton Bentley Developments Limited
Notes to the Unaudited Financial Statements
Year Ended 30 September 2022
Investment properties |
2022 |
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At 1 October |
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Additions |
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Fair value adjustments |
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At 30 September |
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The investment property continues to be added to. The directors have revalued the property to what they consider the fair value to be.
There has been no valuation of investment property by an independent valuer.
Debtors |
Current |
2022 |
2021 |
Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2022 |
2021 |
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Trade creditors |
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Amounts due to group undertakings |
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Share capital |
Allotted, called up and fully paid shares
2022 |
2021 |
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No. |
£ |
No. |
£ |
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Share Capital of £1 each |
1 |
1 |
1 |
1 |
Parent and ultimate parent undertaking |
The company's immediate parent is