| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Aston Reinvestment Guarantee Company Ltd |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Aston Reinvestment Guarantee Company Ltd |
| Aston Reinvestment Guarantee Company Ltd (Registered number: 02422872) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Aston Reinvestment Guarantee Company Ltd |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Certified Accountants and |
| Statutory Auditor |
| Leofric House |
| Binley Road |
| Coventry |
| CV3 1JN |
| Aston Reinvestment Guarantee Company Ltd (Registered number: 02422872) |
| Balance Sheet |
| 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Guarantee reserve | 5 |
| Income and expenditure account | 5 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Aston Reinvestment Guarantee Company Ltd (Registered number: 02422872) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Aston Reinvestment Guarantee Company Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Financial instruments |
| The Company only enters into basic financial instrument 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 ordinary shares. |
| 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. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Amounts owed by group undertakings |
| 5. | RESERVES |
| Income |
| and |
| expenditure | Guarantee |
| account | reserve | Totals |
| £ | £ | £ |
| At 1 April 2024 | 232,135 |
| Surplus for the year |
| At 31 March 2025 | 232,135 |
| The Guarantee reserve represents amounts available to support bad debts in ART SHARE (Social Help Association for Reinvesting in Enterprise) Limited. |
| Aston Reinvestment Guarantee Company Ltd (Registered number: 02422872) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 7. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The Company's immediate and ultimate parent undertaking is ART SHARE (Social Help Association for Reinvesting in Business) Limited, a community benefit society registered in England and Wales. |
| The results of the Company are included within the consolidated financial statements of ART SHARE (Social Help Association for Reinvesting in Enterprise) Limited, that can be obtained from the following address: Faraday Wharf, Holt Street, Innovation Birmingham Campus, Birmingham, B7 4BB. |
| 9. | LIMITED BY GUARANTEE |
| The Company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the Company in the event of liquidation. |