Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-022025-05-02falsefalse2024-01-01No description of principal activity3939truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01869439 2024-01-01 2024-12-31 01869439 2023-01-01 2023-12-31 01869439 2024-12-31 01869439 2023-12-31 01869439 2023-01-01 01869439 c:Director1 2024-01-01 2024-12-31 01869439 c:Director3 2024-01-01 2024-12-31 01869439 d:PlantMachinery 2024-01-01 2024-12-31 01869439 d:PlantMachinery 2024-12-31 01869439 d:PlantMachinery 2023-12-31 01869439 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01869439 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01869439 d:MotorVehicles 2024-01-01 2024-12-31 01869439 d:MotorVehicles 2024-12-31 01869439 d:MotorVehicles 2023-12-31 01869439 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01869439 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01869439 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01869439 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01869439 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 01869439 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 01869439 d:CurrentFinancialInstruments 2024-12-31 01869439 d:CurrentFinancialInstruments 2023-12-31 01869439 d:Non-currentFinancialInstruments 2024-12-31 01869439 d:Non-currentFinancialInstruments 2023-12-31 01869439 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01869439 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01869439 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 01869439 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 01869439 d:ShareCapital 2024-12-31 01869439 d:ShareCapital 2023-12-31 01869439 d:RetainedEarningsAccumulatedLosses 2024-12-31 01869439 d:RetainedEarningsAccumulatedLosses 2023-12-31 01869439 c:FRS102 2024-01-01 2024-12-31 01869439 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01869439 c:FullAccounts 2024-01-01 2024-12-31 01869439 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01869439 2 2024-01-01 2024-12-31 01869439 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 01869439 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 01869439 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-12-31 01869439 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-31 01869439 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01869439










Astro Communications Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2024

 
Astro Communications Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Astro Communications Limited for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Astro Communications Limited for the year ended 31 December 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Astro Communications Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Astro Communications Limited and state those matters that we have agreed to state to the Board of directors of Astro Communications Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Astro Communications Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Astro Communications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Astro Communications Limited. You consider that Astro Communications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Astro Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
 
Chartered Accountants
  
2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ
2 May 2025
Page 1

 
Astro Communications Limited
Registered number: 01869439

Balance sheet
As at 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
89,038
75,109

  
89,038
75,109

Current assets
  

Stocks
  
144,000
110,099

Debtors: amounts falling due within one year
 5 
943,585
1,064,577

Cash at bank and in hand
  
588,895
443,005

  
1,676,480
1,617,681

Creditors: amounts falling due within one year
 6 
(961,819)
(869,308)

Net current assets
  
 
 
714,661
 
 
748,373

Total assets less current liabilities
  
803,699
823,482

Creditors: amounts falling due after more than one year
 7 
(39,959)
(108,734)

Provisions for liabilities
  

Deferred tax
 8 
(18,537)
(17,617)

  
 
 
(18,537)
 
 
(17,617)

Net assets
  
745,203
697,131

Page 2

 
Astro Communications Limited
Registered number: 01869439

Balance sheet (continued)
As at 31 December 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
125
125

Profit and loss account
  
745,078
697,006

  
745,203
697,131


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 May 2025.




S J Hodge
R Trollope
Director
Director

The notes on pages 4 to 11 form part of these financial statements.
Page 3

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

General information

Astro Communications Limited is a private company limited by shares and is incorporated in England with the company registration number 01869439. The address of the registered office is 2nd Floor, Maritime Place, Quayside, Chatham Maritime, Chatham, Kent, ME4 4QZ. The principal place of business is Hawley Manor, Hawley Road, Dartford, Kent, England, DA1 1PX. 

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

1.Accounting policies (continued)

 
1.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%/25%/33.3% straight line, 15%/25% reducing balance
Motor vehicles
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

1.Accounting policies (continued)

 
1.9

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
1.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
1.11

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 6

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

1.Accounting policies (continued)

 
1.14

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
1.15

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.


2.


Employees

The average monthly number of employees, including directors, during the year was 39 (2023 - 39).

Page 7

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

3.


Intangible assets




Development expenditure

  



Cost


At 1 January 2024
136,403



At 31 December 2024

136,403



Amortisation


At 1 January 2024
136,403



At 31 December 2024

136,403



Net book value



At 31 December 2024
-



At 31 December 2023
-



Page 8

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2024
775,600
66,877
842,477


Additions
19,905
29,271
49,176


Disposals
(714,308)
(2,995)
(717,303)



At 31 December 2024

81,197
93,153
174,350



Depreciation


At 1 January 2024
735,660
31,708
767,368


Charge for the year on owned assets
19,290
3,315
22,605


Charge for the year on financed assets
-
11,360
11,360


Disposals
(713,737)
(2,284)
(716,021)



At 31 December 2024

41,213
44,099
85,312



Net book value



At 31 December 2024
39,984
49,054
89,038



At 31 December 2023
39,940
35,169
75,109

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
39,114
21,203


5.


Debtors

2024
2023
£
£


Trade debtors
766,081
780,899

Other debtors
9,325
161,781

Prepayments and accrued income
168,179
121,897

943,585
1,064,577


Page 9

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
26
-

Bank loans
70,000
70,000

Trade creditors
483,861
399,322

Amounts owed to group undertakings
30,000
45,000

Corporation tax
78,431
68,486

Other taxation and social security
109,944
119,040

Obligations under finance lease and hire purchase contracts
22,510
7,914

Other creditors
29,843
109,279

Accruals and deferred income
137,204
50,267

961,819
869,308



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
23,333
93,333

Net obligations under finance leases and hire purchase contracts
16,626
15,401

39,959
108,734



8.


Deferred taxation




2024
2023


£

£






At beginning of year
(17,617)
(22,245)


Charged to profit or loss
(920)
4,628



At end of year
(18,537)
(17,617)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(18,537)
(17,617)

Page 10

 
Astro Communications Limited
 

 
Notes to the financial statements
For the Year Ended 31 December 2024

9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £63,183 (2023 - £33,935). Contributions totalling £3,532 (2023 - £3,687) were payable to the fund at the balance sheet date and are included in creditors.


10.


Related party transactions

The company has taken advantage of the exemptions available under FRS102, section 33.5, not to
disclose details of its transactions with members of the group headed by Astro Technology Group Ltd.
All other transactions with related parties that arose during the current and prior years, including any directors' remuneration payable, were done so under normal market conditions.


11.


Controlling party

The ultimate parent undertaking of the company is Astro Technology Group Ltd, a company incorporated in England and Wales, where the ultimate controlling party is S Smith and R Trollope by virtue of shareholding. 


Page 11