ASTAR CARPENTERS LIMITED


Director	TYLER, Michael Aaron


Registered Address	2 Manor Lane
	Selsey
	Chichester
	PO20 0NU


Registered Number	10761222 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,979		2,639
			1,979		2,639
Current assets
Debtors	4	2,010		9,578
		2,010		9,578
Creditors amounts falling due within one year	5	(56,987)		(35,587)
Net current assets (liabilities)			(54,977)		(26,009)
Total assets less current liabilities			(52,998)		(23,370)
Creditors amounts falling due after one year	6		(8,279)		(9,661)
Net assets			(61,277)		(33,031)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(61,278)		(33,032)
Shareholders' funds			(61,277)		(33,031)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 December 2025, and are signed on its behalf by:

TYLER, Michael Aaron
Director
Registered Company No. 10761222

ASTAR CARPENTERS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At the balance sheet date the company had net current liabilities of £54,977. The Director has confirmed that the company will continue trading for the foreseeable future. Therefore, the accounts have been prepared under the going concern basis.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	1,527	11,500	1,063	14,090
At 31 March 25	1,527	11,500	1,063	14,090
Depreciation and impairment
At 01 April 24	722	9,666	1,063	11,451
Charge for year	201	459	-	660
At 31 March 25	923	10,125	1,063	12,111
Net book value
At 31 March 25	604	1,375	-	1,979
At 31 March 24	805	1,834	-	2,639

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	2,010	9,578
Total	2,010	9,578

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	8,186	-
Bank borrowings and overdrafts	11,324	9,074
Taxation and social security	9,134	11,992
Other creditors	28,343	14,271
Accrued liabilities and deferred income	-	250
Total	56,987	35,587

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	8,279	9,661
Total	8,279	9,661

7.	Related party transactions
	At the balance sheet date the company owed the Director, M Tyler, £251 (2024 - was owed £7,810). This loan is interest free and repayable on demand. At the balance sheet date the company owed £13,051 (2024 - was owed £1,768) to A-Star Finishing Limited, a company under common control by mutual shareholders. The loan is interest free and repayable on demand.