Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Ashvale Investments Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Ashvale Investments Limited
for the Year Ended 30 November 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ashvale Investments Limited for the year ended 30 November 2014 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook .
This report is made solely to the Board of Directors of Ashvale Investments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Ashvale Investments Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ashvale Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ashvale Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ashvale Investments Limited. You consider that Ashvale Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ashvale Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Bolden & Long Chartered Accountants
36a Goring Road
Goring-by-Sea
Worthing
West Sussex
BN12 4AD
12 August 2015
Ashvale Investments Limited
(Registration number: 03470248)
Abbreviated Balance Sheet at 30 November 2014
Note |
2014
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2013
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Fixed assets |
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Tangible fixed assets |
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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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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
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Mr M Dean
Director
2
Ashvale Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over the expected useful lives on the following bases:
Asset class |
Depreciation method and rate |
Office equipment |
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Investment properties
Financial instruments
Pensions
Ashvale Investments Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 December 2013 |
1,798,499 |
1,798,499 |
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Additions |
175 |
175 |
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Disposals |
(63,424) |
(63,424) |
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At 30 November 2014 |
1,735,250 |
1,735,250 |
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Depreciation |
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At 1 December 2013 |
455 |
455 |
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Charge for the year |
64 |
64 |
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At 30 November 2014 |
519 |
519 |
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Net book value |
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At 30 November 2014 |
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At 30 November 2013 |
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Creditors |
Included in the creditors are the following amounts due after more than five years:
2014
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2013
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After more than five years by instalments |
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Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
£ |
No. |
£ |
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