Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-312025-05-3122024-06-01falseLand development and management1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03107825 2024-06-01 2025-05-31 03107825 2023-06-01 2024-05-31 03107825 2025-05-31 03107825 2024-05-31 03107825 2023-06-01 03107825 c:Director1 2024-06-01 2025-05-31 03107825 d:FreeholdInvestmentProperty 2024-06-01 2025-05-31 03107825 d:FreeholdInvestmentProperty 2025-05-31 03107825 d:FreeholdInvestmentProperty 2024-05-31 03107825 d:FreeholdInvestmentProperty 2 2024-06-01 2025-05-31 03107825 d:CurrentFinancialInstruments 2025-05-31 03107825 d:CurrentFinancialInstruments 2024-05-31 03107825 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 03107825 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 03107825 d:ShareCapital 2025-05-31 03107825 d:ShareCapital 2024-05-31 03107825 d:ShareCapital 2023-06-01 03107825 d:OtherMiscellaneousReserve 2024-06-01 2025-05-31 03107825 d:OtherMiscellaneousReserve 2025-05-31 03107825 d:OtherMiscellaneousReserve 2024-05-31 03107825 d:OtherMiscellaneousReserve 2023-06-01 03107825 d:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 03107825 d:RetainedEarningsAccumulatedLosses 2025-05-31 03107825 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 03107825 d:RetainedEarningsAccumulatedLosses 2024-05-31 03107825 d:RetainedEarningsAccumulatedLosses 2023-06-01 03107825 d:AcceleratedTaxDepreciationDeferredTax 2025-05-31 03107825 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 03107825 c:FRS102 2024-06-01 2025-05-31 03107825 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 03107825 c:FullAccounts 2024-06-01 2025-05-31 03107825 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 03107825 2 2024-06-01 2025-05-31 03107825 6 2024-06-01 2025-05-31 03107825 f:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure
Registered number: 03107825


ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited

 
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MAY 2025

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
REGISTERED NUMBER:03107825

BALANCE SHEET
AS AT 31 MAY 2025

2025
2024
Note
£
£

Fixed assets
  

Investment property
 4 
2,000,000
3,900,000

  
2,000,000
3,900,000

Current assets
  

Debtors: amounts falling due within one year
 5 
-
53,461

Cash at bank and in hand
  
216,779
155,998

  
216,779
209,459

Creditors: amounts falling due within one year
 6 
(166,916)
(240,686)

Net current assets/(liabilities)
  
 
 
49,863
 
 
(31,227)

Total assets less current liabilities
  
2,049,863
3,868,773

Provisions for liabilities
  

Deferred tax
 7 
(186,970)
(120,472)

  
 
 
(186,970)
 
 
(120,472)

Net assets
  
1,862,893
3,748,301


Capital and reserves
  

Called up share capital 
  
36
36

Other reserves
 9 
963,278
1,150,774

Profit and loss account
 9 
899,579
2,597,491

  
1,862,893
3,748,301


Page 1

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
REGISTERED NUMBER:03107825
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025

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.

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 profit and loss account 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 20 August 2025.




Mr C Goldstein
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2025


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£


At 1 June 2023
36
1,150,774
2,374,804
3,525,614



Profit for the year
-
-
222,687
222,687



At 1 June 2024
36
1,150,774
2,597,491
3,748,301



Profit for the year
-
-
1,256,592
1,256,592

Dividends: Equity capital
-
-
(3,142,000)
(3,142,000)

Transfer to/from profit and loss account
-
(187,496)
187,496
-


At 31 May 2025
36
963,278
899,579
1,862,893


The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

1.


General information

Astro Property Limited is a private company limited by shares and incorporated in England and Wales (03107825). The registered office address is 7 Cyprus Gardens, London, N3 1SP.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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:
Rental Income
Revenue from the rental property is recognised in the period in which the rental income relates in
accordance with the rental agreement. Rent receivable is invoiced in advance at the beginning of the
period for which the rental income relates.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Page 5

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate
Page 6

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)


2.12
Financial instruments (continued)

method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.13

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 2).

Page 7

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

4.


Investment property


Freehold investment property

£



Valuation


At 1 June 2024
3,900,000


Disposals
(2,300,000)


Surplus on revaluation
400,000



At 31 May 2025
2,000,000






Page 8

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

5.


Debtors

2025
2024
£
£


Trade debtors
(1)
44,922

Other debtors
1
-

Prepayments and accrued income
-
8,539

-
53,461



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
151,933
74,229

Other taxation and social security
8,327
23,259

Other creditors
-
103,993

Accruals and deferred income
6,656
39,205

166,916
240,686



7.


Deferred taxation




2025


£






At beginning of year
(120,472)


Charged to profit or loss
(66,499)



At end of year
(186,971)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Property revaluation
(186,972)
(120,472)

(186,972)
(120,472)

Page 9

 
ASTRO PROPERTY LIMITED
Formerly known as Goldstein Holding Limited
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025

8.


Provisions










At 31 May 2025


9.


Reserves

Other reserves

The other reserves comprises of the revaluations relating to the fixed asset investment net of deferred tax
on the gain.

Profit and loss account

The profit and loss account comprises of the balance of profits accumulated over the life of the company.


10.


Related party transactions

Included in other creditors are interest free loans repayable on demand to the value of Nil (2024 -
£65,000) owed to the directors and close family members of the company.

 
Page 10