REGISTERED NUMBER: 03556172 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Astute Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Woods

SECRETARY:

Mrs H Woods

REGISTERED OFFICE:

25 Oxford Road

Bournemouth

Dorset

BH8 8EY

REGISTERED NUMBER:

03556172 (England and Wales)

SENIOR STATUTORY AUDITOR:

Andrew Clark BFP FCA

AUDITORS:

Carter & Coley Limited

Chartered Accountants and Statutory Auditors

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Tangible assets

4

65,469

66,634

CURRENT ASSETS

Debtors

5

2,923,454

2,023,610

Cash at bank

1,276,892

2,322,596

4,200,346

4,346,206

CREDITORS

Amounts falling due within one year

6

2,214,299

1,373,782

NET CURRENT ASSETS

1,986,047

2,972,424

TOTAL ASSETS LESS CURRENT LIABILITIES

2,051,516

3,039,058

PROVISIONS FOR LIABILITIES

16,367

16,659

NET ASSETS

2,035,149

3,022,399

CAPITAL AND RESERVES

Called up share capital

150

150

Share premium

119,052

119,052

Capital redemption reserve

62

62

Retained earnings

1,915,885

2,903,135

SHAREHOLDERS' FUNDS

2,035,149

3,022,399

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 director and authorised for issue on 23 December 2025 and were signed by:

P Woods - Director

1.	STATUTORY INFORMATION

Astute 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.

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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 174 (2024 - 220 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

56,289

931,372

987,661

Additions

-

40,299

40,299

Disposals

-

(7,391

)

(7,391

)

At 31 March 2025

56,289

964,280

1,020,569

DEPRECIATION

At 1 April 2024

56,289

864,738

921,027

Charge for year

-

40,088

40,088

Eliminated on disposal

-

(6,015

)

(6,015

)

At 31 March 2025

56,289

898,811

955,100

NET BOOK VALUE

At 31 March 2025

-

65,469

65,469

At 31 March 2024

-

66,634

66,634

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

2,314,736

1,578,204

Other debtors

368,718

205,406

2,683,454

1,783,610

Amounts falling due after more than one year:

Other debtors

240,000

240,000

Aggregate amounts

2,923,454

2,023,610

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

173,165

197,301

Taxation and social security

1,002,712

604,821

Other creditors

1,038,422

571,660

2,214,299

1,373,782

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Clark BFP FCA (Senior Statutory Auditor)

for and on behalf of Carter & Coley Limited

8.	RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity:-

Sales 31.03.25 £150,307 (31.03.24 £172,255)

Purchases 31.03.25 £490,176 (31.03.24 £552,554)

Amounts due from related parties 31.03.25 £19,922 (31.03.24 £15,389)

Amounts due to related parties 31.03.25 £58,010 (31.03.24 £76,364)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P Woods.