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REGISTERED NUMBER: 13225340 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2023 to 31 August 2024

for

Astra Engineering Limited

Astra Engineering Limited (Registered number: 13225340)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Astra Engineering Limited

Company Information
for the Period 1 March 2023 to 31 August 2024







DIRECTORS: Mr Thomas Roberts
Mr Stephen Michael Broad





REGISTERED OFFICE: Suite 4102, Charlotte House Norfolk Stre
Liverpool
L1 0BG





REGISTERED NUMBER: 13225340 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

Astra Engineering Limited (Registered number: 13225340)

Balance Sheet
31 August 2024

31.8.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,527 112,078

CURRENT ASSETS
Stocks 82,000 68,000
Debtors 5 55,750 261,798
Cash at bank and in hand 2,733 3,471
140,483 333,269
CREDITORS
Amounts falling due within one year 6 249,133 260,401
NET CURRENT (LIABILITIES)/ASSETS (108,650 ) 72,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

(42,123

)

184,946

CREDITORS
Amounts falling due after more than
one year

7

505,450

393,502
NET LIABILITIES (547,573 ) (208,556 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (548,573 ) (209,556 )
(547,573 ) (208,556 )

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

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

Astra Engineering Limited (Registered number: 13225340)

Balance Sheet - continued
31 August 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 2 December 2024 and were signed on its behalf by:





Mr Stephen Michael Broad - Director


Astra Engineering Limited (Registered number: 13225340)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 August 2024

1. STATUTORY INFORMATION

Astra Engineering 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 amounts derived from the services provided by the company falling within its ordinary activities, 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.

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Astra Engineering Limited (Registered number: 13225340)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 148,502
Additions 175
Disposals (2,965 )
At 31 August 2024 145,712
DEPRECIATION
At 1 March 2023 36,424
Charge for period 42,761
At 31 August 2024 79,185
NET BOOK VALUE
At 31 August 2024 66,527
At 28 February 2023 112,078

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 28.2.23
£    £   
Trade debtors 34,314 232,667
Other debtors 21,436 29,131
55,750 261,798

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 28.2.23
£    £   
Bank loans and overdrafts - 132,625
Trade creditors 239,482 135,846
Taxation and social security (19,172 ) (40,989 )
Other creditors 28,823 32,919
249,133 260,401

Astra Engineering Limited (Registered number: 13225340)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 28.2.23
£    £   
Other creditors 505,450 393,502

8. GOING CONCERN

The directors state that the accounts have been prepared on the going concern basis. The directors have funded the business during the previous accounting period in which it made a trading loss. The directors will continue to ensure that all liabilities are met until the business is in a position to be self-sustainable.

It is expected that the company will be profit making in future periods.