IRIS Accounts Production v23.3.0.418 11105506 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111055062022-12-31111055062023-12-31111055062023-01-012023-12-31111055062021-12-31111055062022-01-012022-12-31111055062022-12-3111105506ns10:Originalns15:EnglandWales2023-01-012023-12-3111105506ns14:PoundSterlingns10:Original2023-01-012023-12-3111105506ns10:Originalns10:Director12023-01-012023-12-3111105506ns10:Original2023-01-012023-12-3111105506ns10:Original2023-12-3111105506ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111105506ns10:Originalns10:SmallEntities2023-01-012023-12-3111105506ns10:Originalns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111105506ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111105506ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3111105506ns10:Originalns10:FullAccounts2023-01-012023-12-3111105506ns10:Originalns10:OrdinaryShareClass12023-01-012023-12-3111105506ns10:Originalns10:Director22023-01-012023-12-3111105506ns10:Originalns10:RegisteredOffice2023-01-012023-12-3111105506ns10:Original2022-12-3111105506ns10:Originalns5:CurrentFinancialInstruments2023-12-3111105506ns10:Originalns5:CurrentFinancialInstruments2022-12-3111105506ns10:Originalns5:Non-currentFinancialInstruments2023-12-3111105506ns10:Originalns5:Non-currentFinancialInstruments2022-12-3111105506ns5:ShareCapitalns10:Original2023-12-3111105506ns5:ShareCapitalns10:Original2022-12-3111105506ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-12-3111105506ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-3111105506ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3111105506ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3111105506ns10:Original2022-01-012022-12-3111105506ns10:Original2022-12-3111105506ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3111105506ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3111105506ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3111105506ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3111105506ns5:Securedns10:Original2023-12-3111105506ns5:Securedns10:Original2022-12-3111105506ns10:Originalns10:OrdinaryShareClass12023-12-3111105506ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-12-31
REGISTERED NUMBER: 11105506 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ASTOR ESTATES HOLDINGS LIMITED

ASTOR ESTATES HOLDINGS LIMITED (REGISTERED NUMBER: 11105506)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ASTOR ESTATES HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M D Manifold
Miss A M McNulty





REGISTERED OFFICE: 89 Douglas Road
Acocks Green
Birmingham
B27 6HH





REGISTERED NUMBER: 11105506 (England and Wales)





ACCOUNTANTS: Holder Blackthorn LLP
Blackthorn House
St Pauls Square
Birmingham
B3 1RL

ASTOR ESTATES HOLDINGS LIMITED (REGISTERED NUMBER: 11105506)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 628,600 640,000

CURRENT ASSETS
Debtors 5 100 100
Cash at bank 39,195 23,423
39,295 23,523
CREDITORS
Amounts falling due within one year 6 397,528 397,052
NET CURRENT LIABILITIES (358,233 ) (373,529 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

270,367

266,471

CREDITORS
Amounts falling due after more than one
year

7

(127,626

)

(127,626

)

PROVISIONS FOR LIABILITIES (18,791 ) (20,957 )
NET ASSETS 123,950 117,888

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 80,110 89,344
Retained earnings 43,740 28,444
SHAREHOLDERS' FUNDS 123,950 117,888

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by:





Miss A M McNulty - Director


ASTOR ESTATES HOLDINGS LIMITED (REGISTERED NUMBER: 11105506)

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

1. STATUTORY INFORMATION

Astor Estates 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. 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 as modified by the revaluation of certain assets.

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

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

For the purposes of clarity, as this surplus or deficit is not realised, a transfer is made to a separate 'Fair Value reserve', net of any deferred tax provision arising on the surplus or deficit. This reserve does not form part of the company's distributable reserves.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised costs using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not market rate or in case of and out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

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.

ASTOR ESTATES HOLDINGS LIMITED (REGISTERED NUMBER: 11105506)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 640,000
Revaluations (11,400 )
At 31 December 2023 628,600
NET BOOK VALUE
At 31 December 2023 628,600
At 31 December 2022 640,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2021 110,301
Valuation in 2023 (11,400 )
Cost 529,699
628,600

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 529,699 529,699

The investment properties were valued on an open market basis on 31 December 2023 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,406 7,965
Other creditors 387,122 389,087
397,528 397,052

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 127,626 127,626

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 127,626 127,626

ASTOR ESTATES HOLDINGS LIMITED (REGISTERED NUMBER: 11105506)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 127,626 127,626

The bank loan is secured over the investment properties.

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
100 Share capital 1 £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 January 2023 89,344
Transfer (9,234 )

At 31 December 2023 80,110