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Company Registration No. 14637896 (England and Wales)
Astrid Entertainment UK Ltd Unaudited accounts for the period from 3 February 2023 to 31 December 2023
Astrid Entertainment UK Ltd Unaudited accounts Contents
Page
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Astrid Entertainment UK Ltd Company Information for the period from 3 February 2023 to 31 December 2023
Director
Sharon Tal Yguado
Company Number
14637896 (England and Wales)
Registered Office
12 NEW FETTER LANE LONDON EC4A 1JP UNITED KINGDOM
Accountants
Sky Life Accountancy Limited Unit 32 Western Industrial Estate Caerphilly Caerphilly CF83 1BE
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Astrid Entertainment UK Ltd Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Called up share capital not paid
1 
Fixed assets
Intangible assets
463,987 
Tangible assets
15,801 
479,788 
Current assets
Debtors
199,590 
Cash at bank and in hand
99,554 
299,144 
Creditors: amounts falling due within one year
53,987 
Net current assets
353,131 
Total assets less current liabilities
832,920 
Creditors: amounts falling due after more than one year
(749,766)
Net assets
83,154 
Capital and reserves
Called up share capital
1 
Profit and loss account
83,153 
Shareholders' funds
83,154 
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Sharon Tal Yguado Director Company Registration No. 14637896
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Astrid Entertainment UK Ltd Notes to the Accounts for the period from 3 February 2023 to 31 December 2023
1
Statutory information
Astrid Entertainment UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 14637896. The registered office is 12 NEW FETTER LANE, LONDON, EC4A 1JP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight Line (3 Years)
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research is written off in the year in which it is incurred. Expenditure on development is capitalised in the year in which it is incurred as an intangible asset.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Astrid Entertainment UK Ltd Notes to the Accounts for the period from 3 February 2023 to 31 December 2023
4
Intangible fixed assets
Total 
£ 
Cost
At 3 February 2023
- 
Additions
500,012 
At 31 December 2023
500,012 
Amortisation
At 3 February 2023
- 
Charge for the period
36,025 
At 31 December 2023
36,025 
Net book value
At 31 December 2023
463,987 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 3 February 2023
- 
Additions
20,948 
At 31 December 2023
20,948 
Depreciation
Charge for the period
5,147 
At 31 December 2023
5,147 
Net book value
At 31 December 2023
15,801 
6
Deferred taxation
2023 
£ 
Tax losses carried forward
(163,593)
2023 
£ 
Credited to the profit and loss account
(163,593)
Provision at end of period
(163,593)
7
Transactions with related parties
Transactions with related parties include intercompany loans from Astrid Entertainment Inc (£749,767). This comprises £706,925 of general balance transfers and £42,842 of recharges.
8
Controlling party
Astrid Entertainment Inc
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Astrid Entertainment UK Ltd Notes to the Accounts for the period from 3 February 2023 to 31 December 2023
9
Average number of employees
During the period the average number of employees was 0.
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