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Registered number: 03468218
Astrosyn Limited
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 30 April 2025
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Astrosyn Limited
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Astrosyn Limited for the Year Ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Astrosyn Limited for the year ended 30 April 2025 which comprise the Balance sheet, the Statement of changes in equity 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 Astrosyn Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Astrosyn Limited and state those matters that we have agreed to state to the Board of directors of Astrosyn 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 Astrosyn Limited and its Board of directors, as a body, for our work or for this report.
It is your duty to ensure that Astrosyn 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 Astrosyn Limited. You consider that Astrosyn 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 Astrosyn 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
Chatham Maritime
26 August 2025
Page 1
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Astrosyn Limited
Registered number: 03468218
Balance sheet
As at 30 April 2025
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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Capital redemption reserve
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For the year ended 30 April 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
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 comprehensive income 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 26 August 2025.
The notes on pages 4 to 5 form part of these financial statements.
Page 2
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Astrosyn Limited
Statement of changes in equity
For the Year Ended 30 April 2025
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Capital redemption reserve
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Total comprehensive income for the year
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Total transactions with owners
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Comprehensive income for the year
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Total comprehensive income for the year
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Contributions by and distributions to owners
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Total transactions with owners
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The notes on pages 4 to 5 form part of these financial statements.
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Page 3
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Astrosyn Limited
Notes to the financial statements
For the Year Ended 30 April 2025
Astrosyn Limited is a limited liability company incorporated in England. The address of the registered office is The Old Courthouse, New Road Avenue, Chatham, Kent, ME4 6BE. The company is a non-trading parent of Astrosyn International Technology Limited and Lawtronics Limited.
2.Accounting policies
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Basis of preparation of financial statements
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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.
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Exemption from preparing consolidated financial statements
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The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
The Directors assess whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the company to continue as a going concern. The Directors make this assessment in respect of a
period of at least one year from the date of authorisation for issue of the financial statements and
have concluded that the company has adequate resources to continue in operational existence for
the foreseeable future and there are no material uncertainties about the company's ability to continue
as a going concern, thus they continue to adopt the going concern basis of accounting in preparing
the financial statements.
Investments in subsidiaries are measured at cost less accumulated impairment.
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Cash and cash equivalents
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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.
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.
Page 4
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Astrosyn Limited
Notes to the financial statements
For the Year Ended 30 April 2025
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Investments in subsidiary companies
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Cash and cash equivalents
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Creditors: Amounts falling due after more than one year
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Amounts owed to group undertakings
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Related party transactions
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Astrosyn Limited includes in its creditors a loan from Lawtronics Limited of £136.
Dividends of £3,532,500 (2024 - £Nil) were paid to Astrosyn Holdings Limited during the year.
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The company is a wholly owned subsidiary undertaking of Astrosyn Holdings Limited, incorporated in England and Wales, whose ultimate controlling parties are Miss A Hart-Bowgen and Mrs HJ Gould.
Page 5
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