REGISTERED NUMBER: 08257488 (England and Wales)

ASTRA FINANCIALS UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr V Chauhan

Mr S Nagpal

Mr V R Patel

REGISTERED OFFICE:

4 Ashburnham Avenue

Harrow

HA1 2JQ

REGISTERED NUMBER:

08257488 (England and Wales)

ACCOUNTANTS:

Carston ETL

Chartered Accountants

Second Floor

34 Lime Street

London

EC3M 7AT

FIXED ASSETS

Tangible assets

4

241

902

Investments

5

35,934,641

34,243,608

35,934,882

34,244,510

CURRENT ASSETS

Stocks

945,743

984,743

Debtors

6

932,414

928,670

Cash at bank

146,264

129,378

2,024,421

2,042,791

CREDITORS

Amounts falling due within one year

7

152,483

208,681

NET CURRENT ASSETS

1,871,938

1,834,110

TOTAL ASSETS LESS CURRENT LIABILITIES

37,806,820

36,078,620

CREDITORS

Amounts falling due after more than one year

8

(12,773,074

)

(10,280,548

)

PROVISIONS FOR LIABILITIES

(5,949,695

)

(5,949,694

)

NET ASSETS

19,084,051

19,848,378

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,083,951

19,848,278

19,084,051

19,848,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st July 2026 and were signed on its behalf by:

Mr V Chauhan - Director

1.	STATUTORY INFORMATION

Astra Financials UK 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Astra Financials UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% straight line on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at fair value. Other investments are recognised as cost less impairment.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Going concern

The Directors are satisfied that it is appropriate to continue to prepare the financial statements of the company on a going concern basis.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the interest rate applicable.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets

An asset is impaired where there is objective evidence that, as a result of one of more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell, and its value in use.

Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value, had no impairment occured.

Financial assets

For financial assets carried at amortised cost, the amount of impairment is the difference between the asset's carrying amount and the present value of future cash flows, discounted at the financial asset's original effective interest rate.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value, had no impairment been recognised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st November 2024

and 31st October 2025

12,700

DEPRECIATION

At 1st November 2024

11,798

Charge for year

661

At 31st October 2025

12,459

NET BOOK VALUE

At 31st October 2025

241

At 31st October 2024

902

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1st November 2024

30,633,392

3,610,216

34,243,608

Additions

-

1,748,224

1,748,224

Exchange differences

(45,652

)

(11,539

)

(57,191

)

At 31st October 2025

30,587,740

5,346,901

35,934,641

NET BOOK VALUE

At 31st October 2025

30,587,740

5,346,901

35,934,641

At 31st October 2024

30,633,392

3,610,216

34,243,608

Cost or valuation at 31st October 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

30,587,740

5,346,901

35,934,641

If Tangram Energy Limited had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

100

100

Tangram Energy Limited was valued on the Net Present Value basis on 7th June 2023 by the company's directors .

Name of entity

Registered Office

Nature of Business

Class of shares

% of ownership 31.10.25

% of ownership 31.10.24

Nestorview Limited

38 Lombard Street, London, EC3V 9BS

Security dealing

Ordinary

100.00%

100.00%

Tangram Energy Limited

38 Lombard Street, London, EC3V 9BS

Oil and natural gas extraction

Ordinary

100.00%

100.00%

Astra Energy Limited

94 Solaris Avenue, Camana Bay, PO Box 1348, Grand Cayman, KY1-1108, Cayman Islands

Oil and natural gas extraction

Ordinary

100.00%

100.00%

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

719,092

717,767

Other debtors

213,322

210,903

932,414

928,670

The amounts owed by Group undertakings are unsecured, attract interest, and are repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,176

10,442

Trade creditors

13,052

58,792

Taxation and social security

851

841

Other creditors

132,404

138,606

152,483

208,681

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,176

Other creditors

12,773,074

10,274,372

12,773,074

10,280,548

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Remuneration was paid to the directors of £45,000 (2024: £45,000).

Included within creditors due within one year is a loan from the directors totalling £122,216 (2024: £122,216). The loan is interest free and repayable on demand.

10.	POST BALANCE SHEET EVENTS

There were no post balance sheet events.

11.	ULTIMATE CONTROLLING PARTY

S Nagpal, a director of the Company, is the ultimate controlling party of the Company as a result of directly controlling 95% of the issued share capital of the Company.