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REGISTERED NUMBER: 09827977 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

AD ASTRA (BROADENING HORIZONS) LIMITED

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AD ASTRA (BROADENING HORIZONS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTORS: S Shaw
Ms E L Shaw





REGISTERED OFFICE: Unit G9
Elvington Industrial Estate
Elvington
York
North Yorkshire
YO41 4AR





REGISTERED NUMBER: 09827977 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 121,432 50,658

CURRENT ASSETS
Stocks 10,000 18,000
Debtors 5 209,072 212,957
Cash at bank 67,788 29,560
286,860 260,517
CREDITORS
Amounts falling due within one year 6 101,500 173,896
NET CURRENT ASSETS 185,360 86,621
TOTAL ASSETS LESS CURRENT LIABILITIES 306,792 137,279

CREDITORS
Amounts falling due after more than one year 7 (47,516 ) (18,226 )

PROVISIONS FOR LIABILITIES (4,495 ) (9,394 )
NET ASSETS 254,781 109,659

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 254,779 109,657
SHAREHOLDERS' FUNDS 254,781 109,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 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.

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

BALANCE SHEET - continued
31ST AUGUST 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th April 2025 and were signed on its behalf by:





S Shaw - Director


AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

Ad Astra (Broadening Horizons) 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.

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 and represents amounts receivable for services rendered stated net of discounts.

Income is recognised when the services have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1st September 2023 6,125 28,053 9,751
Additions 52,609 4,800 1,927
Disposals (6,125 ) (21,053 ) (9,751 )
At 31st August 2024 52,609 11,800 1,927
DEPRECIATION
At 1st September 2023 919 12,694 3,266
Charge for year 2,630 2,080 385
Eliminated on disposal (919 ) (11,294 ) (3,266 )
At 31st August 2024 2,630 3,480 385
NET BOOK VALUE
At 31st August 2024 49,979 8,320 1,542
At 31st August 2023 5,206 15,359 6,485

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st September 2023 44,686 12,482 101,097
Additions 50,310 2,137 111,783
Disposals (3,995 ) (12,482 ) (53,406 )
At 31st August 2024 91,001 2,137 159,474
DEPRECIATION
At 1st September 2023 26,665 6,895 50,439
Charge for year 5,608 712 11,415
Eliminated on disposal (1,438 ) (6,895 ) (23,812 )
At 31st August 2024 30,835 712 38,042
NET BOOK VALUE
At 31st August 2024 60,166 1,425 121,432
At 31st August 2023 18,021 5,587 50,658

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 19,927 672
Other debtors 149,822 172,962
169,749 173,634

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

5. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Other debtors 39,323 39,323

Aggregate amounts 209,072 212,957

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,319 10,064
Finance leases 3,640 -
Trade creditors 21,283 38,407
Taxation and social security 53,781 71,810
Other creditors 12,477 53,615
101,500 173,896

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 7,907 18,226
Finance leases 39,609 -
47,516 18,226

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review, the directors received loans from the company which had interest charged at the HMRC official rate.

The company made advances totalling £80,722 (2023 - £96,918) and this was offset by credits totalling £80,776 (2023 - £73,728).

At the balance sheet date, the amount owed to the company was £119,996 (2023 - £120,050) and is included within other debtors.

There are no conditions attached to advances to the director, however, the director must ensure that this is not detrimental to the company.

AD ASTRA (BROADENING HORIZONS) LIMITED (REGISTERED NUMBER: 09827977)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

9. RELATED PARTY DISCLOSURES

Leger Interiors Ltd

During the year, amounts totalling £75,500 (2023: £Nil) were loaned from the above company that has directors in common with the company and £40,000 (2023: £677) were repaid. At the year end there was an outstanding balance of £796 (2023: £34,704 - debtor balance and was included in current assets) at the year end and is presented in current liabilities. No interest is charged on the balance.

The Contracting Company (Northern) Limited

During the year, amounts totalling £Nil (2023: £18,811) were loaned to the above company that has directors in common with the company and £14,400 (2023: £Nil) were repaid. At the year end there was an outstanding balance of £10,192 (2023: £4,208 - creditor balance and was included in current liabilities) at the year end and is presented in current assets. No interest is charged on the balance.