REGISTERED NUMBER: 07594696 (England and Wales)

Astir Properties Limited

Unaudited Financial Statements

for the Year Ended 30 April 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

Mr P J O'Connell

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

07594696 (England and Wales)

Accountants:

Mitchell Charlesworth

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

532

711

Investments

5

111,811

-

Investment property

6

1,631,091

1,631,091

1,743,434

1,631,802

Current assets

Cash at bank and in hand

7,416

23,430

Creditors

Amounts falling due within one year

7

(1,036,328

)

(980,225

)

Net current liabilities

(1,028,912

)

(956,795

)

Total assets less current liabilities

714,522

675,007

Provisions for liabilities

8

(69,639

)

(69,639

)

Net assets

644,883

605,368

Capital and reserves

Called up share capital

9

1,000

1,000

Fair value reserve

10

208,919

208,919

Retained earnings

434,964

395,449

Shareholders' funds

644,883

605,368

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

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

The director acknowledges his 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 director and authorised for issue on 19 December 2025 and were signed by:

Mrs W O'Connell - Director

1.	Statutory information

Astir Properties 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

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

-

25% on reducing balance

Investment property

Investment properties are initially measured at cost and subsequently measured at fair value. Changes in fair value are recognised in profit or loss.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment potential, to depreciate them would not give a true and fair view.

If this departure from the Companies Act 2006 had not been made in order to give a true and fair view, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount relating to the depreciation of the property cannot be separately identified.

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.

Fixed asset investments

Fixed asset investments are stated at fair value. Changes in fair value are recognised in profit or loss.

3.	Employees and directors

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

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 May 2024

and 30 April 2025

6,284

Depreciation

At 1 May 2024

5,573

Charge for year

179

At 30 April 2025

5,752

Net book value

At 30 April 2025

532

At 30 April 2024

711

5.	Fixed asset investments

Other

investments

£

Cost or valuation

Additions

111,980

Valuation changes

(169

)

At 30 April 2025

111,811

Net book value

At 30 April 2025

111,811

Cost or valuation at 30 April 2025 is represented by:

Other

investments

£

Valuation in 2025

111,811

6.	Investment property

Total

£

Fair value

At 1 May 2024

and 30 April 2025

1,631,091

Net book value

At 30 April 2025

1,631,091

At 30 April 2024

1,631,091

Fair value at 30 April 2025 is represented by:

£

Valuation in 2025

1,631,091

If investment property had not been revalued it would have been included at the following historical cost:

30.4.25

30.4.24

£

£

Cost

1,352,533

1,352,533

Investment property was valued on an open market basis on 30 April 2025 by the directors .

7.

Creditors: amounts falling due within one year

30.4.25

30.4.24

£

£

Corporation tax

4,350

7,010

Directors' current accounts

1,030,778

972,045

Accrued expenses

1,200

1,170

1,036,328

980,225

8.	Provisions for liabilities

30.4.25

30.4.24

£

£

Deferred tax

69,639

69,639

Deferred

tax

£

Balance at 1 May 2024

69,639

Balance at 30 April 2025

69,639

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

Reserves

Fair

value

reserve

£

At 1 May 2024

and 30 April 2025

208,919