ASTROMANIA SKY LIMITED

Company Registration Number:
14086251 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

ASTROMANIA SKY LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ASTROMANIA SKY LIMITED

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

Commodity trader business which buys and sells physical commodities such as metals or oil. Trading aims to profit from anticipated trends as well as arbitrage opportunities.



Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Laiela Sara Khan


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 February 2025

And signed on behalf of the board by:
Name: Laiela Sara Khan
Status: Director

ASTROMANIA SKY LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

2024 13 months to 31 May 2023


£

£
Turnover: 415,260 450,000
Cost of sales: ( 336,020 ) ( 375,621 )
Gross profit(or loss): 79,240 74,379
Administrative expenses: ( 29,362 ) ( 27,525 )
Operating profit(or loss): 49,878 46,854
Profit(or loss) before tax: 49,878 46,854
Tax: ( 9,477 ) ( 8,902 )
Profit(or loss) for the financial year: 40,401 37,952

ASTROMANIA SKY LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Current assets
Stocks: 3 117,115 91,000
Cash at bank and in hand: 31,458 18,000
Total current assets: 148,573 109,000
Net current assets (liabilities): 148,573 109,000
Total assets less current liabilities: 148,573 109,000
Creditors: amounts falling due after more than one year: 4 ( 70,120 ) ( 70,948 )
Total net assets (liabilities): 78,453 38,052
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 78,353 37,952
Total Shareholders' funds: 78,453 38,052

The notes form part of these financial statements

ASTROMANIA SKY LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 16 February 2025
and signed on behalf of the board by:

Name: Laiela Sara Khan
Status: Director

The notes form part of these financial statements

ASTROMANIA SKY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

ASTROMANIA SKY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 1 1

ASTROMANIA SKY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Stocks

2024 13 months to 31 May 2023
£ £
Stocks 117,115 91,000
Total 117,115 91,000

ASTROMANIA SKY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due after more than one year note

2024 13 months to 31 May 2023
£ £
Other creditors 70,120 70,948
Total 70,120 70,948