Astris Limited 09202227 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of property development. Digita Accounts Production Advanced 6.30.9574.0 true 09202227 2023-10-01 2024-09-30 09202227 2024-09-30 09202227 core:CurrentFinancialInstruments 2024-09-30 09202227 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09202227 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09202227 core:FurnitureFittings 2024-09-30 09202227 bus:SmallEntities 2023-10-01 2024-09-30 09202227 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09202227 bus:FullAccounts 2023-10-01 2024-09-30 09202227 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09202227 bus:RegisteredOffice 2023-10-01 2024-09-30 09202227 bus:CompanySecretaryDirector1 2023-10-01 2024-09-30 09202227 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09202227 core:FurnitureFittings 2023-10-01 2024-09-30 09202227 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09202227 countries:AllCountries 2023-10-01 2024-09-30 09202227 2023-09-30 09202227 core:FurnitureFittings 2023-09-30 09202227 2022-10-01 2023-09-30 09202227 2023-09-30 09202227 core:CurrentFinancialInstruments 2023-09-30 09202227 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09202227 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09202227 core:FurnitureFittings 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 09202227

Astris Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Astris Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Astris Limited

(Registration number: 09202227)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

790

820

Investment property

5

650,000

642,000

 

650,790

642,820

Current assets

 

Debtors

112

-

Cash at bank and in hand

 

8,997

5,324

 

9,109

5,324

Creditors: Amounts falling due within one year

6

(5,753)

(5,794)

Net current assets/(liabilities)

 

3,356

(470)

Total assets less current liabilities

 

654,146

642,350

Creditors: Amounts falling due after more than one year

6

(483,630)

(479,687)

Provisions for liabilities

(197)

(156)

Net assets

 

170,319

162,507

Capital and reserves

 

Called up share capital

100

100

Retained earnings

170,219

162,407

Shareholders' funds

 

170,319

162,507

 

Astris Limited

(Registration number: 09202227)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 March 2025 and signed on its behalf by:
 

.........................................
Mr C Gee
Company secretary and director

 

Astris Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
18 Wychwood Park
Weston
Cheshire
CW2 5GP
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received in respect of rental income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% Reducing balance

 

Astris Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers or the expert opinion of the directors. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 October 2023

2,913

2,913

Additions

234

234

At 30 September 2024

3,147

3,147

Depreciation

At 1 October 2023

2,093

2,093

Charge for the year

264

264

At 30 September 2024

2,357

2,357

Carrying amount

At 30 September 2024

790

790

At 30 September 2023

820

820

 

Astris Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Investment properties

2024
£

At 1 October

642,000

Fair value adjustments

8,000

At 30 September

650,000

Properties have been valued using an online valuation tool, which the directors consider to be reasonable with regard to the condition of the properties.

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

2,436

2,394

Other creditors

3,317

3,400

5,753

5,794

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Loans and borrowings

483,630

479,687