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REGISTERED NUMBER: 10978332 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

ASTP Trading Limited

ASTP Trading Limited (Registered number: 10978332)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ASTP Trading Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mr S Trussler





REGISTERED OFFICE: Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP





REGISTERED NUMBER: 10978332 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

ASTP Trading Limited (Registered number: 10978332)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 9,985
Investment property 5 405,089 405,089
405,089 415,074

CURRENT ASSETS
Debtors 6 1,931 2,491
Cash at bank 53,111 43,049
55,042 45,540
CREDITORS
Amounts falling due within one year 7 28,838 30,271
NET CURRENT ASSETS 26,204 15,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

431,293

430,343

CREDITORS
Amounts falling due after more than one
year

8

(422,500

)

(427,250

)

PROVISIONS FOR LIABILITIES - (358 )
NET ASSETS 8,793 2,735

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,693 2,635
8,793 2,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ASTP Trading Limited (Registered number: 10978332)

Balance Sheet - continued
30 September 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 28 March 2024 and were signed by:





Mr S Trussler - Director


ASTP Trading Limited (Registered number: 10978332)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

ASTP Trading 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.

Plant & machinery - straight line over a 36 month period.

Fixed assets are stated at their cost prices, less accumulated depreciation and less amount recognized in respect of impairment.

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.

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.

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

3. EMPLOYEES AND DIRECTORS

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

ASTP Trading Limited (Registered number: 10978332)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 27,000
Disposals (27,000 )
At 30 September 2023 -
DEPRECIATION
At 1 October 2022 17,015
Eliminated on disposal (17,015 )
At 30 September 2023 -
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 9,985

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 405,089
NET BOOK VALUE
At 30 September 2023 405,089
At 30 September 2022 405,089

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 1,931 2,491

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 13,750 13,750
Trade creditors 2,095 -
Taxation and social security 3,820 7,394
Other creditors 9,173 9,127
28,838 30,271

ASTP Trading Limited (Registered number: 10978332)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 27,500 41,250
Other creditors 395,000 386,000
422,500 427,250

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Bank loans 41,250 55,000

The following charges are currently shown as being active on the Companies House website:

Organon Pension Trustees Limited, Stuart Trussler

Charge date: 31 January 2018

Charge code: 1097 8332 0001

Details: 9 garages at the back of 4-12 primrose street morecambe lancashire. Block 5 9 garage units reid close banbury. Block 6 6 garage units robins island off boxhedge road banbury. Block 4 2 garage units kingsway banbury.

Organon Pension Trustees Limited, Stuart Trussler

Charge date: 10 May 2018

Charge code: 1097 8332 0002

Details: 20 garages lying to the south west of tongham road aldershot hampshire 4 garage units timms road banbury oxfordshire.


Organon Pension Trustees Limited, Stuart Trussler

Charge date: 01 December 2020

Charge code: 1097 8332 003

Details: 28 Garages Lying to the south of Zamenhof Grove, Stoke on Trent, ST6 1RX.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 (2022 - £9,000) were paid to the director .

The directors current account remained in credit throughout the year and at the year end had a balance owing to the director of £395,000 (2022-£386,000).

Dividends of £7,000 was also paid to Mrs A Trussler, a shareholder in the company.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
ASTP Trading 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 ASTP Trading Limited for the year ended 30 September 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of ASTP Trading Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ASTP Trading Limited and state those matters that we have agreed to state to the director of ASTP Trading Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASTP Trading Limited and its director for our work or for this report.

It is your duty to ensure that ASTP Trading 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 ASTP Trading Limited. You consider that ASTP Trading 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 ASTP Trading 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.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


Date: .............................................