ASI STAR LTD

Company Registration Number:
08404847 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 01 March 2024

End date: 28 February 2025

ASI STAR LTD

Contents of the Financial Statements

for the Period Ended 28 February 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ASI STAR LTD

Company Information

for the Period Ended 28 February 2025




Director: Nikolay Nanev
Secretary: Desislava Naneva
Registered office: Office 556
58 Peregrine Road
Hainault
Ilford
Essex
England
IG6 3SZ
Company Registration Number: 08404847 (England and Wales)

ASI STAR LTD

Directors' Report Period Ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal Activities

Stone, GRC fixings and masonry support activities

Directors

The directors shown below have held office during the whole of the period from 01 March 2024 to 28 February 2025
Nikolay Nanev

Secretary
Desislava Naneva

This report was approved by the board of directors on 7 March 2025
And Signed On Behalf Of The Board By:

Name: Nikolay Nanev
Status: Director

ASI STAR LTD

Profit and Loss Account

for the Period Ended 28 February 2025


Notes

2025
£

2024
£
Turnover 491,711 734,805
Cost of sales ( 443,190 ) ( 571,504 )
Gross Profit or (Loss) 48,521 163,301
Administrative Expenses ( 40,339 ) ( 57,910 )
Operating Profit or (Loss) 8,182 105,391
Interest Payable and Similar Charges ( 8,048 ) ( 9,341 )
Profit or (Loss) Before Tax 134 96,050
Tax on Profit ( 5,398 ) ( 13,016 )
Profit or (Loss) for Period ( 5,264 ) 83,034

The notes form part of these financial statements

ASI STAR LTD

Balance sheet

As at 28 February 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 1,860 1,379
Total fixed assets: 1,860 1,379
Current assets
Debtors: 5 16,334 100,662
Cash at bank and in hand: 13,928 14,086
Total current assets: 30,262 114,748
Creditors: amounts falling due within one year: 6 ( 51,213 ) ( 100,065 )
Net current assets (liabilities): ( 20,951 ) 14,683
Total assets less current liabilities: ( 19,091 ) 16,062
Creditors: amounts falling due after more than one year: 7 ( 31,873 ) ( 37,760 )
Total net assets (liabilities): ( 50,964 ) ( 21,698 )

The notes form part of these financial statements

ASI STAR LTD

Balance sheet continued

As at 28 February 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 50,966 ) ( 21,700 )
Shareholders funds: ( 50,964 ) ( 21,698 )

For the year ending 28 February 2025 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 7 March 2025
And Signed On Behalf Of The Board By:

Name: Nikolay Nanev
Status: Director

The notes form part of these financial statements

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net to Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment.
    Depreciation has been provided at the following rates to write off the assets over their estimated useful lives.
    Equipment 18%NBV

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 2 3

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 3. Off balance sheet disclosure

    No

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2024 1,379 1,379
Additions 890 890
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2025 2,269 2,269
Depreciation
At 01 March 2024 - -
Charge for year 409 409
On disposals - -
Other adjustments - -
At 28 February 2025 409 409
Net book value
At 28 February 2025 1,860 1,860
At 29 February 2024 1,379 1,379

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Debtors


2025
£

2024
£
Trade debtors 100,662
Other debtors 16,334
Total 16,334 100,662

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

6.Creditors: amounts falling due within one year note


2025
£

2024
£
Bank loans and overdrafts 14,449 47,811
Trade creditors 9,139 18,740
Taxation and social security 27,625 33,514
Total 51,213 100,065

ASI STAR LTD

Notes to the Financial Statements

for the Period Ended 28 February 2025

7.Creditors: amounts falling due after more than one year


2025
£

2024
£
Bank loans and overdrafts 31,873 37,760
Total 31,873 37,760