Astongrove Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01289421 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Astongrove Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Mahesh Premchand Shah

Mrs Rekhaben Mahesh Shah

REGISTERED OFFICE:

Devonshire House

582 Honeypot Lane

Stanmore

MIDDLESEX

HA7 1JS

REGISTERED NUMBER:

01289421 (England and Wales)

BANKERS:

Santander

BBAM

Bridle Road

Bootle

Merseyside

G1R 0AA

FIXED ASSETS

Tangible assets

4

3,710

2,734

Investments

5

356

Investment property

6

2,505,000

2,605,000

2,509,066

2,608,090

CURRENT ASSETS

Cash at bank

104,286

51,422

CREDITORS

Amounts falling due within one year

7

784,642

774,335

NET CURRENT LIABILITIES

(680,356

)

(722,913

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,828,710

1,885,177

CREDITORS

Amounts falling due after more than one year

8

(28,000

)

(28,000

)

PROVISIONS FOR LIABILITIES

(278,453

)

(301,604

)

NET ASSETS

1,522,257

1,555,573

CAPITAL AND RESERVES

Called up share capital

9,999

Revaluation reserve

9

340,494

Fair value reserve

9

843,589

943,078

Retained earnings

328,175

262,002

SHAREHOLDERS' FUNDS

1,522,257

1,555,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

Mr Mahesh Premchand Shah - Director

1.	STATUTORY INFORMATION

Astongrove Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts of rents receivable for the year.

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 etc

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

69,244

Additions

1,631

At 30 June 2025

70,875

DEPRECIATION

At 1 July 2024

66,510

Charge for year

655

At 30 June 2025

67,165

NET BOOK VALUE

At 30 June 2025

3,710

At 30 June 2024

2,734

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 30 June 2025

356

NET BOOK VALUE

At 30 June 2025

356

At 30 June 2024

356

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

2,605,000

Additions

22,826

Revaluations

(122,826

)

At 30 June 2025

2,505,000

NET BOOK VALUE

At 30 June 2025

2,505,000

At 30 June 2024

2,605,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2025

1,461,831

Cost

1,043,169

2,505,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade creditors

-

200

Taxation and social security

18,464

15,455

Other creditors

766,178

758,680

784,642

774,335

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

Other creditors

28,000

9.

RESERVES

Fair

Revaluation

value

reserve

Totals

£

At 1 July 2024

340,494

943,078

1,283,572

Undistributable Reserve

-

(99,489

)

(99,489

)

At 30 June 2025

340,494

843,589

1,184,083

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year ended 30 June 2025, Astongrove Ltd owed £663,838 to its directors. This amount is reflected in their respective directors' loan accounts in credit balances, which is shown as part of Other Creditors accounts under Creditors due within one year. Please be advised that all the directors have agreed to provide this loan on an interest free basis and the loan is repayable on demand.

11.	RELATED PARTY DISCLOSURES

During the year ended 30 June 2025, Astongrove Ltd owed £85,470 to its shareholder. This amount is reflected in the shareholder loan accounts in credit balance, which is shown as part of Other Creditors accounts under Creditors due within one year. Please be advised that the shareholder have agreed to provide this loan on an interest free basis and the loan is repayable on demand.