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REGISTERED NUMBER: 02514281 (England and Wales)















Financial Statements for the Year Ended 31st March 2024

for

Astonstar Limited

Astonstar Limited (Registered number: 02514281)

Contents of the Financial Statements
for the year ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Astonstar Limited

Company Information
for the year ended 31st March 2024







DIRECTORS: J W Baker
C M Baker
C Baker





REGISTERED OFFICE: 1-3 Manor Road
Chatham
Kent
ME4 6AE





REGISTERED NUMBER: 02514281 (England and Wales)





ACCOUNTANTS: Beak Kemmenoe
Chartered Accountants
1-3 Manor Road
Chatham
Kent
ME4 6AE

Astonstar Limited (Registered number: 02514281)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 14,789 16,713

CURRENT ASSETS
Stocks 163,314 179,319
Debtors 6 231,968 284,040
Cash at bank 921,717 753,064
1,316,999 1,216,423
CREDITORS
Amounts falling due within one year 7 139,024 123,915
NET CURRENT ASSETS 1,177,975 1,092,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,192,764

1,109,221

PROVISIONS FOR LIABILITIES 3,697 2,935
NET ASSETS 1,189,067 1,106,286

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 1,188,977 1,106,196
SHAREHOLDERS' FUNDS 1,189,067 1,106,286

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

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

Astonstar Limited (Registered number: 02514281)

Balance Sheet - continued
31st March 2024


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.

The financial statements were approved by the Board of Directors and authorised for issue on 31st October 2024 and were signed on its behalf by:




J W Baker - Director



C M Baker - Director


Astonstar Limited (Registered number: 02514281)

Notes to the Financial Statements
for the year ended 31st March 2024


1. STATUTORY INFORMATION

Astonstar 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Furniture and equipment - 20% on reducing balance

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

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Fixtures Furniture
and and
fittings equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 52,328 19,564 71,892
DEPRECIATION
At 1st April 2023 38,152 17,027 55,179
Charge for year 1,417 507 1,924
At 31st March 2024 39,569 17,534 57,103
NET BOOK VALUE
At 31st March 2024 12,759 2,030 14,789
At 31st March 2023 14,176 2,537 16,713

Astonstar Limited (Registered number: 02514281)

Notes to the Financial Statements - continued
for the year ended 31st March 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 220,604 277,485
Other debtors and prepayments 11,364 6,555
231,968 284,040

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 66,417 70,418
Taxation and social security 47,876 27,097
Other creditors and accruals 24,731 26,400
139,024 123,915

8. RELATED PARTY DISCLOSURES

The company is related to Forestdale Business Services Limited by common ownership.

The company paid administration charges £240,000 (2023: £240,000) to Forestdale Business Services Limited during the year. The company owed Forestdale Business Services Limited at the year end £21,600 (2023: £18,600).

No amounts were written off in the year and the loan was interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party, the shares are held equally between the directors.