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REGISTERED NUMBER: 06844941 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

AST GLOBAL LIMITED

AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4 to 6


AST GLOBAL LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: Mr C Maryon
Mr E C Shuker





SECRETARY: Mr C Maryon





REGISTERED OFFICE: Britannic House
657 Liverpool Road
Irlam
Manchester
M44 5XD





BUSINESS ADDRESS: Unit 22 Bolton North Business Park
Rossini Street
Bolton
Lancashire
BL1 8DL





REGISTERED NUMBER: 06844941 (England and Wales)





ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD

AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)

REPORT OF THE DIRECTORS
for the Year Ended 31 January 2024

The directors present their report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the supply of specialist fire protection products..

DIRECTORS
Mr C Maryon has held office during the whole of the period from 1 February 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr C Maryon - Director


18 April 2024

AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 330 964

CURRENT ASSETS
Stocks 14,140 39,633
Debtors 5 9,743 11,072
Cash at bank and in hand 274,236 309,390
298,119 360,095
CREDITORS
Amounts falling due within one year 6 (12,405 ) (81,456 )
NET CURRENT ASSETS 285,714 278,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,044

279,603

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 285,943 279,502
SHAREHOLDERS' FUNDS 286,044 279,603

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:




Mr C Maryon - Director


AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

AST Global 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.

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.
Computer equipment - 33% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

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 2 (2023 - 3 ) .

AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 8,463
DEPRECIATION
At 1 February 2023 7,499
Charge for year 634
At 31 January 2024 8,133
NET BOOK VALUE
At 31 January 2024 330
At 31 January 2023 964

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 7,427 7,450
Other debtors 2,316 3,622
9,743 11,072

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 835 1,208
Taxation and social security 4,575 5,145
Other creditors 6,995 75,103
12,405 81,456

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.24 31.1.23
£    £   
Within one year 1,000 1,000

8. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £67,719 (2023- £73,703) to Alien Systems & Technologies (Pty) Ltd.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Alien Systems & Technologies (Pty) Ltd.

AST GLOBAL LIMITED (REGISTERED NUMBER: 06844941)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

10. GROUP ACCOUNTS

Group accounts are prepared by the parent company Alien Systems & Technologies (Pty) Ltd who's registered office is PO Box 396, Walkerville, 1876, South Africa.