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REGISTERED NUMBER: NI653162 (Northern Ireland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ASTRELLAR LIMITED

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

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










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 7


ASTRELLAR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms A Warren
P Donaldson





REGISTERED OFFICE: 17 Clarendon Road
Clarendon Dock
Belfast
Co. Antrim
BT1 3BG





REGISTERED NUMBER: NI653162 (Northern Ireland)





ACCOUNTANTS: Baker Tilly Mooney Moore
17 Clarendon Road
Clarendon Dock
Belfast
BT1 3BG

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,718 54,052
Investments 5 106,866 -
188,584 54,052

CURRENT ASSETS
Stocks 43,641 37,141
Debtors 6 540,682 724,416
Investments 7 66,297 -
Cash at bank 1,238,424 971,079
1,889,044 1,732,636
CREDITORS
Amounts falling due within one year 8 106,478 159,132
NET CURRENT ASSETS 1,782,566 1,573,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,971,150

1,627,556

PROVISIONS FOR LIABILITIES 20,429 13,513
NET ASSETS 1,950,721 1,614,043

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,950,621 1,613,943
1,950,721 1,614,043

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.

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023



The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





P Donaldson - Director


ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

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


1. STATUTORY INFORMATION

Astrellar Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Significant judgements and estimates
In preparing these financial statements the directors have made the following judgements:

Consider the recoverability of debtors and the need for impairment provisions. These considerations are undertaken regularly by the directors, and especially at the year end date. Factors taken into account include historical experience, current market conditions and knowledge of the sector. Amounts identified as irrecoverable will be provided against in the relevant period.

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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

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


2. ACCOUNTING POLICIES - continued

Financial instruments
Ordinary Share Capital
The ordinary share capital of the company is presented as equity.

- Short term debtors and creditors
Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

Cash and cash equivalents
Cash consists of cash on hand and demand deposits. Cash equivalents consist of short term highly liquid investments that are readily convertible to known amounts of cash that are subject to an insignificant risk of change in value.

All financial instruments of the company are considered to meet the definition of basic financial instruments.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 ) .

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

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


4. TANGIBLE FIXED ASSETS
Fixtures,
Plant and fittings Motor Computer
machinery & equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 - 694 94,861 4,645 100,200
Additions 666 - 45,000 677 46,343
At 31 December 2023 666 694 139,861 5,322 146,543
DEPRECIATION
At 1 January 2023 - 326 43,725 2,097 46,148
Charge for year 112 73 17,500 992 18,677
At 31 December 2023 112 399 61,225 3,089 64,825
NET BOOK VALUE
At 31 December 2023 554 295 78,636 2,233 81,718
At 31 December 2022 - 368 51,136 2,548 54,052

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 106,866
At 31 December 2023 106,866
NET BOOK VALUE
At 31 December 2023 106,866

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 250,000
Other debtors 540,682 474,416
540,682 724,416

7. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Listed investments 66,297 -

ASTRELLAR LIMITED (REGISTERED NUMBER: NI653162)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 482 329
Trade creditors 539 -
Taxation and social security 96,758 149,991
Other creditors 8,699 8,812
106,478 159,132

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Donaldson.