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REGISTERED NUMBER: 08669499 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ASTRID GROUP LIMITED

ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASTRID GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTOR: J H Evans





REGISTERED OFFICE: 90 High Street
Brownhills
Walsall
WS8 6EW





REGISTERED NUMBER: 08669499 (England and Wales)





ACCOUNTANTS: Rice & Co (Brownhills) Limited
Chartered Accountants
90 High Street
Brownhills
Walsall
West Midlands
WS8 6EW

ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 189,464 191,922

CURRENT ASSETS
Stocks 650 650
Debtors 5 3,256 575
Cash at bank 142,109 129,198
146,015 130,423
CREDITORS
Amounts falling due within one year 6 45,858 73,493
NET CURRENT ASSETS 100,157 56,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,621

248,852

CREDITORS
Amounts falling due after more than one
year

7

(109,045

)

(117,147

)

PROVISIONS FOR LIABILITIES (3,869 ) (5,705 )
NET ASSETS 176,707 126,000

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 176,607 125,900
SHAREHOLDERS' FUNDS 176,707 126,000

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)

BALANCE SHEET - continued
31 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 director and authorised for issue on 12 May 2025 and were signed by:





J H Evans - Director


ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Astrid Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when goods have been delivered to customers, or services completed, such that risks and rewards of ownership have been 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 169,101 21,607 18,816 8,614 218,138
Additions - 450 603 3,277 4,330
At 31 August 2024 169,101 22,057 19,419 11,891 222,468
DEPRECIATION
At 1 September 2023 - 10,494 10,896 4,826 26,216
Charge for year - 2,890 2,130 1,768 6,788
At 31 August 2024 - 13,384 13,026 6,594 33,004
NET BOOK VALUE
At 31 August 2024 169,101 8,673 6,393 5,297 189,464
At 31 August 2023 169,101 11,113 7,920 3,788 191,922

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,256 575

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,982 6,750
Taxation and social security 28,665 25,197
Other creditors 12,211 41,546
45,858 73,493

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 109,045 117,147

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 75,367 83,076

ASTRID GROUP LIMITED (REGISTERED NUMBER: 08669499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 114,027 123,897

The mortgage loans on freehold property are secured by legal mortgages and debentures dated 20 January 2020 and 7 February 2020 for all money and liabilities whatsoever, whenever and howsoever incurred by the company whether now or in the future.