2023-08-08 2024-12-31 false Capium Accounts Production 1.1 15057947 2023-08-08 2024-12-31 15057947 bus:AbridgedAccounts 2023-08-08 2024-12-31 15057947 bus:FRS102 2023-08-08 2024-12-31 15057947 bus:AuditExempt-NoAccountantsReport 2023-08-08 2024-12-31 15057947 bus:SmallCompaniesRegimeForAccounts 2023-08-08 2024-12-31 15057947 bus:PrivateLimitedCompanyLtd 2023-08-08 2024-12-31 15057947 2023-08-08 2024-12-31 15057947 2024-12-31 15057947 bus:RegisteredOffice 2023-08-08 2024-12-31 15057947 core:WithinOneYear 2024-12-31 15057947 core:AfterOneYear 2024-12-31 15057947 1 2023-08-08 2024-12-31 15057947 bus:Director1 2023-08-08 2024-12-31 15057947 bus:Director1 2024-12-31 15057947 bus:Director2 2023-08-08 2024-12-31 15057947 bus:Director2 2024-12-31 15057947 bus:Director3 2023-08-08 2024-12-31 15057947 bus:Director3 2024-12-31 15057947 2022-08-08 15057947 bus:LeadAgentIfApplicable 2023-08-08 2024-12-31 15057947 2023-08-07 15057947 core:OtherResidualIntangibleAssets 2023-08-08 2024-12-31 15057947 core:OtherResidualIntangibleAssets 2024-12-31 15057947 core:OtherResidualIntangibleAssets 2023-08-07 15057947 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 15057947 core:CostValuation core:Non-currentFinancialInstruments 2023-08-07 15057947 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 15057947 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 15057947 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 15057947 core:Non-currentFinancialInstruments 2024-12-31 15057947 core:Non-currentFinancialInstruments 2023-08-07 15057947 core:ShareCapital 2024-12-31 15057947 core:SharePremium 2024-12-31 15057947 core:RetainedEarningsAccumulatedLosses 2024-12-31 15057947 dpl:Item1 2023-08-08 15057947 dpl:Item1 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 15057947
England and Wales

 

 

 

ASTRATO ANALYTICS LTD.


Abridged Accounts
 


Period of accounts

Start date: 08 August 2023

End date: 31 December 2024
 
 
Notes
 
2024
£
Fixed assets    
Intangible fixed assets 3 723,908 
Investments 4 211,502 
935,410 
Current assets    
Debtors 113,334 
Cash at bank and in hand 1,519,778 
1,633,112 
Creditors: amount falling due within one year (509,962)
Net current assets 1,123,150 
 
Total assets less current liabilities 2,058,560 
Creditors: amount falling due after more than one year (1,118,617)
Net assets 939,943 
 

Capital and reserves
   
Called up share capital 4,820,794 
Share premium account 75,462 
Profit and loss account (3,956,313)
Shareholders' funds 939,943 
 


For the period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 29 April 2025 and were signed on its behalf by:


-------------------------------
Kalpeshkumar PATEL
Director
1
General Information
ASTRATO ANALYTICS LTD. is a private company, limited by shares, registered in England and Wales, registration number 15057947, registration address Flat 6, 1 Porchester Road, London, W2 5DP. 

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Group accounts
The financial statements contain information about Astrato Analytics Ltd. as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Going concern basis
The financial statements have been prepared on the going concern basis. The company incurred losses during the year, however, the directors believe that the company has sufficient financial resources to be able to meet its obligations, if and when, they become due and that the company can continue in operational existence for a period of at least 24 months from the statement of financial position date. On this basis, the directors are of the opinion that they should continue to adopt the going concern basis in preparing the annual financial statements.


Turnover
Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date, turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.
Foreign currencies
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Income Statement Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Investments policy
Investments in subsidiary undertakings are recognised at cost.
Financial instruments
The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments. The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if thearrangements of a short term instrument constitute a financing transaction, like the payment of a trade debtdeferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case ofan out right short term loan not at market rate, the financial asset or liability is measured, initially, at thepresent value of the future cash flow discounted at a market rate of interest for a similar debt instrument andsubsequently at amortised cost.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash and cash equivalents comprise cash on hand and demand deposits and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk to changes in value.
2.

Average number of employees

Average number of employees during the period was 16.
3.

Intangible fixed assets

Cost Other   Total
  £   £
At 08 August 2023  
Additions 987,148    987,148 
Disposals  
At 31 December 2024 987,148    987,148 
Amortisation
At 08 August 2023  
Charge for period 263,240    263,240 
On disposals  
At 31 December 2024 263,240    263,240 
Net book values
At 31 December 2024 723,908    723,908 
At 07 August 2023  


4.

Investments

Cost Investments in group undertakings   Total
  £   £
At 08 August 2023  
Additions 211,502    211,502 
Transfer to/from tangible fixed assets  
Disposals  
At 31 December 2024 211,502    211,502 

2