1 August 2023 false No description of principal activity Taxfiler 2024.7.3 14215600business:PrivateLimitedCompanyLtd2023-08-012024-07-31 142156002023-07-31 142156002023-08-012024-07-31 14215600business:AuditExemptWithAccountantsReport2023-08-012024-07-31 14215600business:FilletedAccounts2023-08-012024-07-31 142156002024-07-31 14215600business:Director12023-08-012024-07-31 14215600business:Director22023-08-012024-07-31 14215600business:Director32023-08-012024-07-31 14215600business:RegisteredOffice2023-08-012024-07-31 142156002023-07-31 14215600core:WithinOneYear2024-07-31 14215600core:WithinOneYear2023-07-31 14215600core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 14215600core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 14215600core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14215600core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14215600core:PreviouslyStatedAmount2024-07-31 14215600core:PreviouslyStatedAmount2023-07-31 14215600business:SmallEntities2023-08-012024-07-31 14215600countries:EnglandWales2023-08-012024-07-31 142156002022-07-052023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14215600 (England and Wales)
Astromagnetic Systems Limited Unaudited accounts for the year ended 31 July 2024
Astromagnetic Systems Limited Unaudited accounts Contents
Page
- 2 -
Astromagnetic Systems Limited Company Information for the year ended 31 July 2024
Directors
Dr Adam Baker Lolan Naicker Philip Dembo
Company Number
14215600 (England and Wales)
Registered Office
UNIT H, COATES BUILDING PRIORY INDUSTRIAL ESTATE TETBURY GL8 8HZ ENGLAND
Accountants
The Counting House (Frome) Ltd 7 Springfield Norton St Philip Nr Bath Somerset BA2 7NR
- 3 -
Astromagnetic Systems Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
304 
- 
Cash at bank and in hand
4,018 
179 
4,322 
179 
Creditors: amounts falling due within one year
(18,330)
(1,280)
Net current liabilities
(14,008)
(1,101)
Net liabilities
(14,008)
(1,101)
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
(14,128)
(1,221)
Shareholders' funds
(14,008)
(1,101)
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by
Lolan Naicker Director Company Registration No. 14215600
- 4 -
Astromagnetic Systems Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Astromagnetic Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 14215600. The registered office is UNIT H, COATES BUILDING, PRIORY INDUSTRIAL ESTATE, TETBURY, GL8 8HZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
304 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
17,480 
480 
Accruals
850 
800 
18,330 
1,280 
6
Average number of employees
During the year the average number of employees was 2 (2023: 0).
- 5 -