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Company Registration No. 03935592 (England and Wales)
Asteria Leisure Limited Unaudited accounts for the year ended 31 March 2024
Asteria Leisure Limited Unaudited accounts Contents
Page
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Asteria Leisure Limited Company Information for the year ended 31 March 2024
Director
Thomas Clarke
Company Number
03935592 (England and Wales)
Registered Office
Unit D5-D6 Greensplott Road Chittening Industrial Estate Chittening Bristol BS11 0YB United Kingdom
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Asteria Leisure Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
166,938 
9,373 
Current assets
Inventories
12,483 
12,000 
Debtors
181,396 
305,113 
Cash at bank and in hand
327,516 
358,290 
521,395 
675,403 
Creditors: amounts falling due within one year
(176,772)
(89,449)
Net current assets
344,623 
585,954 
Total assets less current liabilities
511,561 
595,327 
Creditors: amounts falling due after more than one year
(92,825)
(175,325)
Provisions for liabilities
Deferred tax
(11,073)
(3,447)
Net assets
407,663 
416,555 
Capital and reserves
Called up share capital
2 
2 
Capital redemption reserve
3 
3 
Profit and loss account
407,658 
416,550 
Shareholders' funds
407,663 
416,555 
For the year ending 31 March 2024 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 4 October 2024 and were signed on its behalf by
Thomas Clarke Director Company Registration No. 03935592
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Asteria Leisure Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Asteria Leisure Limited is a private company, limited by shares, registered in England and Wales, registration number 03935592. The registered office is Unit D5-D6 Greensplott Road, Chittening Industrial Estate Chittening, Bristol, BS11 0YB, 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 remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
10 years straight line
Motor vehicles
5 years straight line
Fixtures & fittings
5 years straight line
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Asteria Leisure Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
38,373 
5,978 
63,872 
108,223 
Additions
96,238 
- 
73,269 
169,507 
Disposals
- 
- 
(66)
(66)
At 31 March 2024
134,611 
5,978 
137,075 
277,664 
Depreciation
At 1 April 2023
37,938 
4,583 
56,329 
98,850 
Charge for the year
2,284 
1,196 
8,461 
11,941 
On disposals
- 
- 
(65)
(65)
At 31 March 2024
40,222 
5,779 
64,725 
110,726 
Net book value
At 31 March 2024
94,389 
199 
72,350 
166,938 
At 31 March 2023
435 
1,395 
7,543 
9,373 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
12,483 
12,000 
12,483 
12,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,188 
- 
Trade debtors
4,200 
- 
Amounts due from group undertakings etc.
115,000 
240,000 
Accrued income and prepayments
48,172 
65,113 
Other debtors
9,836 
- 
181,396 
305,113 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
819 
790 
VAT
- 
3,407 
Trade creditors
149,571 
43,867 
Taxes and social security
20,421 
27,999 
Other creditors
3,961 
2,665 
Accruals
2,000 
10,721 
176,772 
89,449 
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Asteria Leisure Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
92,825 
175,325 
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
11,073 
3,447 
2024 
2023 
£ 
£ 
Provision at start of year
3,447 
7,558 
Charged/(credited) to the profit and loss account
7,626 
(4,111)
Provision at end of year
11,073 
3,447 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 A Ordinary shares of £0.01 each
2.00 
1.90 
- B Ordinary shares of £0.01 each
- 
0.10 
2.00 
2.00 
Shares issued during the period:
10 A Ordinary shares of £0.01 each
0.10 
11
Transactions with related parties
On 31 March 2024 the company was owed £65,000 (2023: £190,00) from J.N.C. Enterprises Limited, a company under common control. On 31 March 2024 the company was owed £50,000 (2023: £50,000) from Blitx Fitness Ltd, a company under common control. No interest was charged on these balances and there are no fixed repayment terms.
12
Average number of employees
During the year the average number of employees was 38 (2023: 39).
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