Company Registration No. 07184648 (England and Wales)
Astric Medical Limited
Unaudited accounts
for the year ended 31 March 2024
Astric Medical Limited
Unaudited accounts
Contents
Astric Medical Limited
Company Information
for the year ended 31 March 2024
Directors
Matthew Spiers
Nicola Spiers
Company Number
07184648 (England and Wales)
Registered Office
81 HIGH STREET
WORTHING
WEST SUSSEX
BN11 1DN
ENGLAND
Accountants
Sarah Oakley
Houghton
20A Kingsland Road
Alton
Hampshire
GU34 1LA
Astric Medical Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
33,753
102,931
Creditors: amounts falling due within one year
(13,380)
(16,882)
Net current assets
33,859
108,810
Called up share capital
33
100
Profit and loss account
114,907
108,710
Shareholders' funds
35,007
108,810
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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Nicola Spiers
Director
Company Registration No. 07184648
Astric Medical Limited
Notes to the Accounts
for the year ended 31 March 2024
Astric Medical Limited is a private company, limited by shares, registered in England and Wales, registration number 07184648. The registered office is 81 HIGH STREET, WORTHING, WEST SUSSEX, BN11 1DN, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant & Machinery have been depreciated in full and written off.
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
6,240
-
6,240
At 31 March 2024
6,240
1,722
7,962
At 1 April 2023
6,240
-
6,240
Charge for the year
-
574
574
At 31 March 2024
6,240
574
6,814
At 31 March 2024
-
1,148
1,148
Amounts falling due within one year
Accrued income and prepayments
3,445
-
Astric Medical Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,523
9,144
Loans from directors
(1,303)
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).