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REGISTERED NUMBER: 05068468 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ASTER BUILDING SERVICES LIMITED

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 9

ASTER BUILDING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: M Shadrake





SECRETARY: Mrs L Shadrake





REGISTERED OFFICE: Market House
21 Lenten Street
Alton
GU34 1HG





REGISTERED NUMBER: 05068468 (England and Wales)





ACCOUNTANTS: Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 371,896 355,321
Investments 5 128,446 128,446
500,342 483,767

CURRENT ASSETS
Stocks 11,000 11,000
Debtors 6 357,944 286,832
Cash at bank 216,454 188,758
585,398 486,590
CREDITORS
Amounts falling due within one year 7 690,085 507,226
NET CURRENT LIABILITIES (104,687 ) (20,636 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

395,655

463,131

CREDITORS
Amounts falling due after more than one
year

8

291,564

342,719
NET ASSETS 104,091 120,412

CAPITAL AND RESERVES
Called up share capital 9 6,000 6,000
Capital redemption reserve 4,000 4,000
Retained earnings 94,091 110,412
SHAREHOLDERS' FUNDS 104,091 120,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

BALANCE SHEET - continued
31 MARCH 2023


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 9 November 2023 and were signed by:





M Shadrake - Director


ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Aster Building Services Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 334,000 15,771 9,461
Additions - 4,487 2,925
At 31 March 2023 334,000 20,258 12,386
DEPRECIATION
At 1 April 2022 5,200 13,631 4,645
Charge for year 5,200 1,657 1,935
At 31 March 2023 10,400 15,288 6,580
NET BOOK VALUE
At 31 March 2023 323,600 4,970 5,806
At 31 March 2022 328,800 2,140 4,816

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 85,741 39,755 484,728
Additions 27,225 3,236 37,873
At 31 March 2023 112,966 42,991 522,601
DEPRECIATION
At 1 April 2022 71,301 34,630 129,407
Charge for year 10,416 2,090 21,298
At 31 March 2023 81,717 36,720 150,705
NET BOOK VALUE
At 31 March 2023 31,249 6,271 371,896
At 31 March 2022 14,440 5,125 355,321

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 70,251
Additions 27,225
At 31 March 2023 97,476
DEPRECIATION
At 1 April 2022 56,684
Charge for year 10,198
At 31 March 2023 66,882
NET BOOK VALUE
At 31 March 2023 30,594
At 31 March 2022 13,567

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 128,446
NET BOOK VALUE
At 31 March 2023 128,446
At 31 March 2022 128,446

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 201,183 177,245
Amounts owed by group undertakings 123,929 84,530
Other debtors 32,832 25,057
357,944 286,832

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 69,888 65,402
Hire purchase contracts 5,705 -
Trade creditors 291,961 160,762
Taxation and social security 80,997 74,638
Other creditors 241,534 206,424
690,085 507,226

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 274,449 342,719
Hire purchase contracts 17,115 -
291,564 342,719

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 117,044 100,982

ASTER BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05068468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
6,000 Ordinary £1 6,000 6,000

10. RELATED PARTY DISCLOSURES

The company owns 100% of the share capital of Coolheat Limited. At the year end Coolheat Limited owed £96,882 (2022: £73,723) to the parent company. During the year Coolheat invoiced the parent company for £53,517 (2022: £45,369) for goods and services. During the year the company invoiced Coolheat for £30,359 (2022: £114,668) for goods and services.

The company owns 100% of the share capital of Air Design Specialists Limited ("ADSL"). At the year end ADSL owed £27,047 (2022: £10,807) to the parent company. During the year the ADSL invoiced the parent company for £93,938 (2022: £8,781) for goods and services. During the year the company raised invoices to ADSL totalling £27,047 (2022: £31,326) for goods and services.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ASTER BUILDING SERVICES LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aster Building Services Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Aster Building Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aster Building Services Limited and state those matters that we have agreed to state to the director of Aster Building Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Aster Building Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aster Building Services Limited. You consider that Aster Building Services 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 financial statements of Aster Building Services 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 financial statements.






Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG


9 November 2023