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REGISTERED NUMBER: 12415649 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

ASTILL HOLDINGS LIMITED

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASTILL HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: S Astill





REGISTERED OFFICE: The Counting House
27 High Street
Lutterworth
Leicestershire
LE17 4AY





REGISTERED NUMBER: 12415649 (England and Wales)





ACCOUNTANTS: PWH Accountancy Ltd
The Counting House
High Street
Lutterworth
Leicestershire
LE17 4AY

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 113 151
Investment property 6 508,171 493,370
508,284 493,521

CURRENT ASSETS
Cash at bank and in hand 3,856 9,922

CREDITORS
Amounts falling due within one year 7 150,663 149,608
NET CURRENT LIABILITIES (146,807 ) (139,686 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,477

353,835

CREDITORS
Amounts falling due after more than one
year

8

(327,492

)

(327,492

)

PROVISIONS FOR LIABILITIES 9 (6,849 ) (4,044 )
NET ASSETS 27,136 22,299

CAPITAL AND RESERVES
Called up share capital 10 3 3
Retained earnings 11 27,133 22,296
SHAREHOLDERS' FUNDS 27,136 22,299

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

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

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

BALANCE SHEET - continued
31 JANUARY 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 14 November 2023 and were signed by:





S Astill - Director


ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

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

1. STATUTORY INFORMATION

Astill Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

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

3. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2022
and 31 January 2023 270
DEPRECIATION
At 1 February 2022 119
Charge for year 38
At 31 January 2023 157
NET BOOK VALUE
At 31 January 2023 113
At 31 January 2022 151

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022 493,370
Revaluations 14,801
At 31 January 2023 508,171
NET BOOK VALUE
At 31 January 2023 508,171
At 31 January 2022 493,370

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2023 508,171

If investment property had not been revalued it would have been included at the following historical cost:

31.1.23 31.1.22
£    £   
Cost 472,236 472,236

Investment property was valued on an open market basis on 31 January 2021 by the directors. .

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Tax 1,801 1,436
Directors' current accounts 147,542 147,122
Accrued expenses 1,320 1,050
150,663 149,608

ASTILL HOLDINGS LIMITED (REGISTERED NUMBER: 12415649)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Mortgages 327,492 327,492

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgages 327,492 327,492

9. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 6,849 4,044

Deferred
tax
£   
Balance at 1 February 2022 4,044
Charge to Income Statement during year 2,805
Balance at 31 January 2023 6,849

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
3 Ordinary £1 3 3

11. RESERVES
Retained
earnings
£   

At 1 February 2022 22,296
Profit for the year 4,837
At 31 January 2023 27,133

12. RELATED PARTY DISCLOSURES

As at 31 January 2023 there was an amount of £147,542 (2022 £147,122) was owed to the director by the company.This amount is included within creditors on the balance sheet.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Astill.