REGISTERED NUMBER: 01564156 (England and Wales)

ASTRATEC ELECTRONICS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 OCTOBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

K W Bird

Mrs G A V Bird

SECRETARY:

Mrs G A V Bird

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

REGISTERED NUMBER:

01564156 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

7,625

11,861

CURRENT ASSETS

Stocks

1,500

27,389

Debtors

5

104,706

120,400

Cash at bank and in hand

66,174

33,611

172,380

181,400

CREDITORS

Amounts falling due within one year

6

173,087

185,865

NET CURRENT LIABILITIES

(707

)

(4,465

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,918

7,396

PROVISIONS FOR LIABILITIES

1,803

2,365

NET ASSETS

5,115

5,031

CAPITAL AND RESERVES

Called up share capital

7

5,000

5,000

Share premium

12

12

Retained earnings

103

19

SHAREHOLDERS' FUNDS

5,115

5,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 2024 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

K W Bird - Director

1.	STATUTORY INFORMATION

Astratec Electronics Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on cost

Fixtures, fittings and equipment

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Plant and

and

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 31 October 2023

and 30 October 2024

17,655

51,078

11,800

80,533

DEPRECIATION

At 31 October 2023

17,655

49,327

1,690

68,672

Charge for year

-

625

3,611

4,236

At 30 October 2024

17,655

49,952

5,301

72,908

NET BOOK VALUE

At 30 October 2024

-

1,126

6,499

7,625

At 30 October 2023

-

1,751

10,110

11,861

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

32,312

48,455

Other debtors

72,394

71,945

104,706

120,400

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

12,425

Trade creditors

47,785

80,274

Corporation tax

29,803

68,938

Social security and other taxes

3,488

873

VAT

-

5,395

Other creditors

39,551

-

Accruals and deferred income

52,460

17,960

173,087

185,865

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

5,000

Ordinary

£1

5,000

5,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 October 2024 and 30 October 2023:

2024

2023

£

£

K W Bird and Mrs G A V Bird

Balance outstanding at start of year

71,945

100,951

Amounts advanced

90,107

197,142

Amounts repaid

(102,000

)

(226,148

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,052

71,945