IRIS Accounts Production v24.3.2.46 11644008 Board of Directors Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116440082023-04-30116440082024-04-30116440082023-05-012024-04-30116440082022-04-30116440082022-05-012023-04-30116440082023-04-3011644008ns15:EnglandWales2023-05-012024-04-3011644008ns14:PoundSterling2023-05-012024-04-3011644008ns10:Director12023-05-012024-04-3011644008ns10:Director22023-05-012024-04-3011644008ns10:Director32023-05-012024-04-3011644008ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011644008ns10:SmallEntities2023-05-012024-04-3011644008ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011644008ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011644008ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011644008ns10:FullAccounts2023-05-012024-04-3011644008ns10:EntityHasNeverTraded2023-05-012024-04-3011644008ns10:Director42023-05-012024-04-3011644008ns10:RegisteredOffice2023-05-012024-04-3011644008ns5:CurrentFinancialInstruments2024-04-3011644008ns5:CurrentFinancialInstruments2023-04-3011644008ns5:Non-currentFinancialInstruments2024-04-3011644008ns5:Non-currentFinancialInstruments2023-04-3011644008ns5:ShareCapital2024-04-3011644008ns5:ShareCapital2023-04-3011644008ns5:RetainedEarningsAccumulatedLosses2024-04-3011644008ns5:RetainedEarningsAccumulatedLosses2023-04-3011644008ns5:CostValuation2023-04-3011644008ns5:AdditionsToInvestments2024-04-3011644008ns5:CostValuation2024-04-3011644008ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011644008ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3011644008ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-04-3011644008ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-04-30
REGISTERED NUMBER: 11644008 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Ashtrad Holdings Ltd

Ashtrad Holdings Ltd (Registered number: 11644008)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ashtrad Holdings Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Nalinaben Ashier
Divyakant Ashier
Darshan Ashier
Vandan Ashier





REGISTERED OFFICE: 364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY





REGISTERED NUMBER: 11644008 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

Ashtrad Holdings Ltd (Registered number: 11644008)

Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 500 200

CURRENT ASSETS
Debtors 5 328,838 67,380
Investments 6 1,059,419 1,059,419
Cash at bank 35,825 45,461
1,424,082 1,172,260
CREDITORS
Amounts falling due within one year 7 826,807 706,192
NET CURRENT ASSETS 597,275 466,068
TOTAL ASSETS LESS CURRENT
LIABILITIES

597,775

466,268

CREDITORS
Amounts falling due after more than one
year

8

100

357,770
NET ASSETS 597,675 108,498

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 597,375 108,198
597,675 108,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Ashtrad Holdings Ltd (Registered number: 11644008)

Balance Sheet - continued
30 April 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 26 January 2025 and were signed on its behalf by:




Divyakant Ashier - Director Darshan Ashier - Director




Vandan Ashier - Director


Ashtrad Holdings Ltd (Registered number: 11644008)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Ashtrad Holdings Ltd 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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 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.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less and impairment.

Ashtrad Holdings Ltd (Registered number: 11644008)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023 200
Additions 300
At 30 April 2024 500
NET BOOK VALUE
At 30 April 2024 500
At 30 April 2023 200

5. DEBTORS
30/4/24 30/4/23
£    £   
Amounts falling due within one year:
Other debtors 19,493 26,602

Amounts falling due after more than one year:
Other debtors 309,345 40,778

Aggregate amounts 328,838 67,380

6. CURRENT ASSET INVESTMENTS
30/4/24 30/4/23
£    £   
Other 1,059,419 1,059,419

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Taxation and social security 30,692 13,820
Other creditors 796,115 692,372
826,807 706,192

Ashtrad Holdings Ltd (Registered number: 11644008)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30/4/24 30/4/23
£    £   
Other creditors 100 357,770