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REGISTERED NUMBER: 01564156 (England and Wales)





















ASTRATEC ELECTRONICS LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023






ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


ASTRATEC ELECTRONICS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023







DIRECTORS: K W Bird
Mrs G A V Bird





SECRETARY: Mrs G A V Bird





REGISTERED OFFICE: 22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ





REGISTERED NUMBER: 01564156 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,861 13,556

CURRENT ASSETS
Stocks 27,389 20,152
Debtors 5 120,400 171,630
Cash at bank and in hand 33,611 83,151
181,400 274,933
CREDITORS
Amounts falling due within one year 6 185,865 272,677
NET CURRENT (LIABILITIES)/ASSETS (4,465 ) 2,256
TOTAL ASSETS LESS CURRENT LIABILITIES 7,396 15,812

CREDITORS
Amounts falling due after more than one year 7 - (8,343 )

PROVISIONS FOR LIABILITIES (2,365 ) (3,389 )
NET ASSETS 5,031 4,080

CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Share premium 12 12
Retained earnings 19 (932 )
SHAREHOLDERS' FUNDS 5,031 4,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 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.

ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

BALANCE SHEET - continued
31 OCTOBER 2023


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:





K W Bird - Director


ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Astratec Electronics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 20% on cost
Fixtures, fittings and equipment - 20% on cost
Motor vehicles - 25% 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.

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.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 3 ) .

ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Plant and and Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 31 October 2022
and 31 October 2023 17,655 51,078 11,800 80,533
DEPRECIATION
At 31 October 2022 17,655 49,076 246 66,977
Charge for period - 251 1,444 1,695
At 31 October 2023 17,655 49,327 1,690 68,672
NET BOOK VALUE
At 31 October 2023 - 1,751 10,110 11,861
At 30 October 2022 - 2,002 11,554 13,556

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 48,455 69,862
Other debtors 71,945 101,768
120,400 171,630

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 12,425 100,086
Trade creditors 80,274 93,211
Corporation tax 68,938 54,758
Social security and other taxes 873 684
VAT 5,395 11,814
Accruals and deferred income 17,960 12,124
185,865 272,677

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years - 8,343

ASTRATEC ELECTRONICS LIMITED (REGISTERED NUMBER: 01564156)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 OCTOBER 2022 TO 31 OCTOBER 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
5,000 Ordinary £1 5,000 5,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 31 October 2023 and 30 October 2022:

2023 2022
£    £   
K W Bird and Mrs G A V Bird
Balance outstanding at start of period 100,951 90,644
Amounts advanced 197,142 161,807
Amounts repaid (226,148 ) (151,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 71,945 100,951