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Company Registration No. 08404847 (England and Wales)
ASI STAR LTD
Financial Statements
for the Period from 01 March 2023 to 29 February 2024

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

1. Statutory Information
ASI STAR LTD is a private company, limited by shares, registered in England and Wales, registration number 08404847.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax, and trade discounts.

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives: 18%NBV

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 2
2023 2
4. Principal Activity
Building and completion services in the Construction Industry

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

5. Fixed Assets
Land and buildings Total
Cost or valuation £ £
At 01/03/2023 874 874
Additions 808 808
At 29/02/2024 1,682 1,682
Depreciation
At 01/03/2023 - -
Charge for the year 303 303
At 29/02/2024 303 303
Net Book Value
At 29/02/2024 1,379 1,379
At 28/02/2023 874 874

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

6. Debtors
2024 2023
£ £
Trade debtors 100,662 -
Prepayment and accrued income - 29,000
100,662 29,000
7. Creditors: amount falling due within one year
2024 2023
£ £
Bank Loans and other overdrafts 47,811 48,378
Trade Creditors 18,740 -
Corporation Tax 17,790 -
Other tax and social security 15,724 4,199
100,065 52,577

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

8. Creditors: amount falling due after one year
2024 2023
£ £
Bank Loans and overdrafts 37,760 40,746
37,760 40,746

ASI STAR LTD

Financial Statements for the period ending 29 February 2024

Notes to the Accounts

9. Additional Notes
Dividends declared are paid to shareholders during the reporting period and reduce the retained earnings and shareholders' equity at the end of the reporting period.