Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-28that of a care services provider.falsefalse2023-09-0155falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11387455 2023-09-01 2024-08-31 11387455 2022-09-01 2023-08-31 11387455 2024-08-31 11387455 2023-08-31 11387455 c:Director1 2023-09-01 2024-08-31 11387455 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 11387455 d:Buildings d:LongLeaseholdAssets 2024-08-31 11387455 d:FurnitureFittings 2023-09-01 2024-08-31 11387455 d:FurnitureFittings 2024-08-31 11387455 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11387455 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11387455 d:CurrentFinancialInstruments 2024-08-31 11387455 d:CurrentFinancialInstruments 2023-08-31 11387455 d:CurrentFinancialInstruments 1 2024-08-31 11387455 d:CurrentFinancialInstruments 1 2023-08-31 11387455 d:CurrentFinancialInstruments 4 2024-08-31 11387455 d:CurrentFinancialInstruments 4 2023-08-31 11387455 d:Non-currentFinancialInstruments 2024-08-31 11387455 d:Non-currentFinancialInstruments 2023-08-31 11387455 c:Micro-entities 2023-09-01 2024-08-31 11387455 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11387455 c:FullAccounts 2023-09-01 2024-08-31 11387455 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11387455 f:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 11387455










ASRA PARK LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
ASRA PARK LTD
REGISTERED NUMBER: 11387455

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
£
£


Fixed assets
152,129
156,724

Current assets
200,206
166,098

Creditors: amounts falling due within one year
(247,137)
(242,886)

Net current liabilities
 
 
(46,931)
 
 
(76,788)

Total assets less current liabilities
105,198
79,936

Creditors: amounts falling due after more than one year
(3,531)
(8,389)

Provisions for liabilities

Deferred taxation
(525)
(745)

 
 
(525)
 
 
(745)

Net assets
101,142
70,802



Capital and reserves
101,142
70,802


Notes


Average number of employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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 28 May 2025.




Mr Rajendra Thakerar
Director
Page 1

 
ASRA PARK LTD
REGISTERED NUMBER: 11387455
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024


Page 2

 
ASRA PARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Asra Park Ltd is a private company, limited by share capital, incorporated in England & Wales under registration number 11387455. The address of the registered office is situated at 138 The Fairway, London, HA0 3TQ.

2.Accounting policies

 
2.1

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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:

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.

 
2.3

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.

Page 3

 
ASRA PARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Land and buildings
-
2%
straight line
Fixtures and fittings
-
25%
straight line

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.

 
2.4

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.

 
2.5

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.

 
2.6

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 subsequentlyat amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).






Page 4

 
ASRA PARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Land and buildings
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 September 2023
164,204
10,428
174,632


Additions
-
1,729
1,729



At 31 August 2024

164,204
12,157
176,361



Depreciation


At 1 September 2023
10,889
7,019
17,908


Charge for the year on owned assets
3,284
3,039
6,323



At 31 August 2024

14,173
10,058
24,231



Net book value



At 31 August 2024
150,031
2,099
152,130


5.


Debtors

2024
2023
£
£


Trade debtors
130,333
101,158

Amounts owed by connected companies
47,541
40,294



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
22,333
24,645

22,333
24,645


Page 5

 
ASRA PARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,219
5,361

Corporation tax payable
10,816
11,683

Amounts owed to connected companies
23,653
53,353

Wages and Salaries
5,793
4,992

PAYE and NIC payable
8,164
2,795

Accruals and deferred income
150
150

Director's loan account
193,342
164,552

247,137
242,886



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,531
8,389

3,531
8,389


The bank loan is an unsecured bounce back loan.


9.


Deferred taxation




2024


£






At beginning of year
(745)


Charged to profit or loss
220



At end of year
(525)

Page 6

 
ASRA PARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
 
9.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(525)
(745)

(525)
(745)


10.


Controlling party

The company is under the control of the director, Mr Rajendra Thakerar, by virtue of the fact that he owns 100% of the issued share capital.

Page 7