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REGISTERED NUMBER: 06978007 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Carsten Astheimer Limited

Carsten Astheimer Limited (Registered number: 06978007)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Carsten Astheimer Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C W Astheimer
R F Gillott
Mrs F Corrado





SECRETARY: Mrs F Corrado





REGISTERED OFFICE: c/o Langham Walsh
BVIC, Central Boulevard,
Blythe Valley Business Park
Solihull
West Midlands
B90 8AJ





REGISTERED NUMBER: 06978007 (England and Wales)





ACCOUNTANTS: Langham Walsh
c/o Langham Walsh
BVIC, Central Boulevard,
Blythe Valley Business Park
Solihull
West Midlands
B90 8AJ

Carsten Astheimer Limited (Registered number: 06978007)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 430,477 476,791
Investments 5 1 1
430,478 476,792

CURRENT ASSETS
Debtors 214,923 100,863
Cash at bank 41,346 279,977
256,269 380,840
CREDITORS
Amounts falling due within one year 120,655 146,992
NET CURRENT ASSETS 135,614 233,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,092

710,640

CREDITORS
Amounts falling due after more than one year 6 (153,808 ) (163,277 )

PROVISIONS FOR LIABILITIES (46,758 ) (43,022 )

ACCRUALS AND DEFERRED INCOME (12,800 ) (13,120 )
NET ASSETS 352,726 491,221

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 352,626 491,121
SHAREHOLDERS' FUNDS 352,726 491,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Carsten Astheimer Limited (Registered number: 06978007)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 August 2024 and were signed on its behalf by:





C W Astheimer - Director


Carsten Astheimer Limited (Registered number: 06978007)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Carsten Astheimer 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.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost, 20% on cost and 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 15 ) .

Carsten Astheimer Limited (Registered number: 06978007)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 644,109
Additions 1,453
Disposals (11,827 )
At 31 March 2024 633,735
DEPRECIATION
At 1 April 2023 167,318
Charge for year 45,730
Eliminated on disposal (9,790 )
At 31 March 2024 203,258
NET BOOK VALUE
At 31 March 2024 430,477
At 31 March 2023 476,791

Included in Plant and Machinery are assets, held under a Hire Purchase agreement, with a net book value of £49,200 (2023: £57,400).

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

The Company owns a £1 Ordinary Share in the Company that manages the business park it operates from.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
31.3.24 31.3.23
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 122,571 124,690

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 161,617 167,218

The Bank Loan is secured by a fixed and floating charge over the Freehold property owned by the Company.

Carsten Astheimer Limited (Registered number: 06978007)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
C W Astheimer
Balance outstanding at start of year 473 -
Amounts advanced - 473
Amounts repaid (503 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (30 ) 473

There is no interest payable on the loan and there are no terms for repayment.

9. ULTIMATE CONTROLLING PARTY

The controlling party is C W Astheimer.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Carsten Astheimer Limited

The following reproduces the text of the report prepared for the directors 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 Abridged Income Statement and certain other primary statements and the Report of the Directors 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 Carsten Astheimer Limited for the year ended 31 March 2024 which comprise the Abridged Income Statement, Abridged 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 Board of Directors of Carsten Astheimer Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Carsten Astheimer Limited and state those matters that we have agreed to state to the Board of Directors of Carsten Astheimer Limited, as a body, 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 Carsten Astheimer Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Carsten Astheimer 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 loss of Carsten Astheimer Limited. You consider that Carsten Astheimer 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 Carsten Astheimer 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.






Langham Walsh
c/o Langham Walsh
BVIC, Central Boulevard,
Blythe Valley Business Park
Solihull
West Midlands
B90 8AJ


15 August 2024