ASTRALIS FOUNDATION


Directors	DHALIWAL, Simran Kaur
	HARGESTAM, Samuel
	SKOGLUND, Vilhelm Sverker


Registered Address	Arquen House
	4-7 Spicer Street
	St. Albans
	AL3 4PQ


Registered Number	15917880 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	4		1,630
			1,630
Current assets
Debtors	5	440,798
Cash at bank and on hand		496,736
		937,534
Creditors amounts falling due within one year	6	(531,224)
Net current assets (liabilities)			406,310
Total assets less current liabilities			407,940
Net assets			407,940
Capital and reserves
Profit and loss account			407,940
Reserves			407,940

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 Directors acknowledge 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 Board of Directors on 21 May 2026, and are signed on its behalf by:

SKOGLUND, Vilhelm Sverker
Director
Registered Company No. 15917880

ASTRALIS FOUNDATION

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by guarantee 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

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

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	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:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Further information regarding the company's income
	These financial statements have been prepared for the period from the date of incorporation on 27 August 2024 to 31 August 2025. This represents the Company's first set of financial statements since incorporation. Included in Other Operating Income are grants received from various organisations. A grant is recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. Grants with specified performance conditions are recognised in income when those conditions are met. Grants without specified performance conditions are recognised in income when the proceeds are received or become receivable. Any grant received before the recognition criteria are satisfied is recorded as a liability.

Further information regarding the company's income

These financial statements have been prepared for the period from the date of incorporation on 27 August 2024 to 31 August 2025. This represents the Company's first set of financial statements since incorporation.

Included in Other Operating Income are grants received from various organisations. A grant is recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

Grants with specified performance conditions are recognised in income when those conditions are met. Grants without specified performance conditions are recognised in income when the proceeds are received or become receivable. Any grant received before the recognition criteria are satisfied is recorded as a liability.

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	1,771	1,771
At 31 August 25	1,771	1,771
Depreciation and impairment
Charge for year	141	141
At 31 August 25	141	141
Net book value
At 31 August 25	1,630	1,630
At 26 August 24	-	-

5.	Debtors: amounts due within one year

		2025
		£
	Other debtors	200
	Prepayments and accrued income	440,598
	Total	440,798

6.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	308
	Taxation and social security	139,610
	Other creditors	3,182
	Accrued liabilities and deferred income	388,124
	Total	531,224