Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312802026734280202022-11-01falseNo description of principal activity332023-10-31 09162724 2022-11-01 2023-10-31 09162724 2021-11-01 2022-10-31 09162724 2023-10-31 09162724 2022-10-31 09162724 2022-11-01 09162724 2021-11-01 09162724 c:CompanySecretary1 2022-11-01 2023-10-31 09162724 c:RegisteredOffice 2022-11-01 2023-10-31 09162724 d:FurnitureFittings 2022-11-01 2023-10-31 09162724 d:FurnitureFittings 2023-10-31 09162724 d:FurnitureFittings 2022-10-31 09162724 d:CurrentFinancialInstruments 2023-10-31 09162724 d:CurrentFinancialInstruments 2022-10-31 09162724 c:FRS102 2022-11-01 2023-10-31 09162724 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09162724 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09162724 b:Trustee1 2022-11-01 2023-10-31 09162724 b:Trustee6 2022-11-01 2023-10-31 09162724 b:Trustee8 2022-11-01 2023-10-31 09162724 b:UnrestrictedFundsGeneral 2022-11-01 2023-10-31 09162724 b:UnrestrictedFundsGeneral 2023-10-31 09162724 b:UnrestrictedFundsGeneral 2022-10-31 09162724 c:ChiefExecutive 2022-11-01 2023-10-31 09162724 b:TotalUnrestrictedFunds 2023-10-31 09162724 b:TotalUnrestrictedFunds 2022-10-31 09162724 b:TotalRestrictedIncomeFunds 2023-10-31 09162724 b:TotalRestrictedIncomeFunds 2022-10-31 09162724 c:FullAccounts 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure


Registered number: 09162724
Charity number: 1162717










ASTTA LIMITED
(A company limited by guarantee)








UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
ASTTA LIMITED
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the company, its Trustees and advisers
1
Trustees' report
2 - 4
Statement of financial activities
5
Balance sheet
6
Notes to the financial statements
7 - 12

 
ASTTA LIMITED
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2023


Trustees
J Chapman
S Kucaj
N Douglas

Company registered number
09162724

Charity registered number
1162717

Registered office
8 College Street
Peterborough
PE1 4AW

Company secretary
P A Kerry

Chief executive officer
J Chapman

Page 1

 
ASTTA LIMITED
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023

The Trustees present their annual report together with the financial statements of the ASTTA Limited for the  1 November 2022 to 31 October 2023The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association
on 5 August 2014.
The company is constituted under a Memorandum of Association dated 5 August 2014 (as amended on 9 July 2015)and is
a registered charity number 1162717
The principal object of the company is the advancement of education in and public appreciation of the arts; and the relief of
sickness and the promotion of good health by the provision of massage, reflexology and aromatherapy as complimenting
therapies.
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
 

b. Main activities undertaken to further the company's purposes for the public benefit
 

The principle activities are the restoration and sale of art. The charitable activities are the teaching of restoration and
appreciation of the arts.
 

Achievements and performance
 

a. Main achievements of the company
 

The Charity has had in excess of 1,000 views on You Tube and placed advertisements for young therapists to achieve their goals and also funded training courses for meditation and relaxation classes for stressed out workers and also for carers in all sectors due to excessive anxiety and fatigue.
The art sector continues its restoration programme to donate for charity events and classes held to teach the art restoration process.
 

Page 2

 
ASTTA LIMITED
 
(A company limited by guarantee)
 
Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

Structure, governance and management
 

a. Constitution
 

ASTTA Limited is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
 

b. Methods of appointment or election of Trustees
 

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

Trustees' liability
 

The trustees of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees on 31 July 2024 and signed on their behalf by:
 

Page 3

 
ASTTA LIMITED
 
(A company limited by guarantee)
 



S Kucaj
(Trustee)
Page 4

 
ASTTA LIMITED
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 OCTOBER 2023


Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
Note
        £
        £
        £

Income from:






Donations and legacies

3

10,100

10,100

2,220
 
Total income
10,100
10,100
2,220
Expenditure on:






Raising funds

4

728

728

283
 
Charitable activities

5

10,015

10,015

2,740
 
Total expenditure
10,743
10,743
3,023

Net movement in funds
  
(643)
(643)
(803)

Reconciliation of funds:

  




Total funds brought forward

  

14,010

14,010

14,813
 
Net movement in funds

  

(643)

(643)

(803)
 
Total funds carried forward
  
13,367
13,367
14,010

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 7 to 12 form part of these financial statements.

Page 5

 
ASTTA LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 09162724

 
 
BALANCE SHEET
AS AT 31 OCTOBER 2023


2023
2022
Note
£
£

Tangible assets
 8 
5,963
6,709

  
5,963
6,709

Current assets
  

Stocks
 9 
8,477
8,477

Cash at bank and in hand
  
215
135

  
8,692
8,612

Creditors: amounts falling due within one year
 10 
(1,288)
(1,311)

Net current assets 
  
 
 
7,404
 
 
7,301

Total net assets 
  
13,367
14,010


Charity funds
  

Restricted funds
 11 
-
-

Unrestricted funds
 11 
13,367
14,010

Total funds
  
13,367
14,010

The company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 31 July 2024 and signed on their behalf by:



S Kucaj
(Trustee)

The notes on pages 7 to 12 form part of these financial statements.

Page 6

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

ASTTA Limited is a private company, limited by guarantee and registered in England and Wales.  The company's registered office address and number are detailed on page 1.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

ASTTA Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

  
2.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the company to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

 
2.4

Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Page 7

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

2.4

Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives are as follows:

Fixtures and fittings
-
10
years

  
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

  
2.6

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.7

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.8

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

  
2.9

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Page 8

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.

Income from donations and legacies




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £
 


 
Donations

10,100

10,100

2,220
 


4.

Expenditure on raising funds

Costs of raising voluntary income




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Promotional and advertising costs

728

728

283
 








5.

Analysis of expenditure on charitable activities


Summary by fund type




Unrestricted funds
2023
Total
2023
Total
2022
        £
        £
        £




The advancement of education in and public appreciation of the arts.

10,015

10,015

2,740
 

Page 9

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.

Analysis of expenditure by activities




Support costs
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




The advancement of education in and public appreciation of the arts.

10,015

10,015

2,740
 



7.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).

During the year ended 31 October 2023, expenses totalling £5,300 were reimbursed or paid directly to 3 Trustees (2022 - £NIL to 3 Trustees). The expenses related to travel costs.


8.


Tangible fixed assets




Fixtures and fittings

£


Cost or valuation

At 1 November 2022
7,455


At 31 October 2023

7,455


Depreciation

At 1 November 2022
746

Charge for the year
746


At 31 October 2023

1,492


Net book value


At 31 October 2023
5,963


At 31 October 2022
6,709

Page 10

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

9.



Stocks


2023
2022
£
£

Finished goods and goods for resale
8,477
8,477


10.



Creditors: Amounts falling due within one year


2023
2022
£
£


Bank overdrafts
-
51

Accruals and deferred income
1,288
1,260

1,288
1,311


11.

Statement of funds


Statement of funds - current year

Balance at 1 November 2022
£
Income
£
Expenditure
£
Balance at 31 October 2023
£

Unrestricted funds





General Funds

14,010

10,100

(10,743)

13,367
 

Page 11

 
ASTTA LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

12.

Summary of funds


Summary of funds - current year

Balance at 1 November 2022
£
 
Income
£
 
Expenditure
£
 
Balance at 31 October 2023
£
 
General funds

14,010

10,100

(10,743)

13,367
 


13.

Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds
2023
Total
funds
2023
        £
        £


Tangible fixed assets

5,963

5,963

Current assets

8,692

8,692

Creditors due within one year

(1,288)

(1,288)

Total 


13,367
13,367



Analysis of net assets between funds - prior year

Unrestricted funds
2022
Total
funds
2022
        £
        £


Tangible fixed assets

6,709

6,709

Current assets

8,612

8,612

Creditors due within one year

(1,311)

(1,311)

Total 

14,010
14,010

Page 12