AST Holdings (UK) Limited - Limited company accounts 16.3
AST Holdings (UK) Limited - Limited company accounts 16.3
| REGISTERED NUMBER: |
| AST HOLDINGS (UK) LIMITED |
| REPORT OF THE DIRECTORS AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Other Comprehensive Income | 4 |
| Balance Sheet | 5 |
| Statement of Changes in Equity | 7 |
| Notes to the Financial Statements | 8 |
| AST HOLDINGS (UK) LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Westmount |
| Bridge Road |
| Wellington |
| Shropshire |
| TF1 1DZ |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| REPORT OF THE DIRECTORS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| The directors present their report with the financial statements of the company for the year ended 31st March 2016. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of property rental. |
| DIRECTORS |
| The directors during the year under review were: |
| The beneficial interests of the directors holding office on 31st March 2016 in the issued share capital |
| of the company were as follows: |
| 31.3.16 | 1.4.15 |
| Ordinary £1 shares |
| 50 | 50 |
| 50 | 50 |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act |
| 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| TURNOVER |
| Administrative expenses |
| OPERATING PROFIT | 3 |
| Interest payable and similar charges |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 4 |
| PROFIT FOR THE FINANCIAL YEAR |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| OTHER COMPREHENSIVE INCOME |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ |
| PROFIT FOR THE YEAR |
| OTHER COMPREHENSIVE INCOME | - | - |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| BALANCE SHEET |
| 31ST MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Retained earnings | 11 |
| SHAREHOLDERS' FUNDS |
| 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. |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| BALANCE SHEET - continued |
| 31ST MARCH 2016 |
| The financial statements were approved by the Board of Directors on were signed on its behalf by: |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| STATEMENT OF CHANGES IN EQUITY |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| Called up |
| share | Retained | Total |
| capital | earnings | equity |
| £ | £ | £ |
| Balance at 1st April 2014 |
| Changes in equity |
| Issue of share capital | - |
| Total comprehensive income | - |
| Balance at 31st March 2015 |
| Changes in equity |
| Total comprehensive income | - |
| Balance at 31st March 2016 |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Financial reporting standard 102 - reduced disclosure exemptions |
| The company has taken advantage of the following disclosure exemption in preparing these |
| financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in |
| the UK and Republic of Ireland": |
| • | the requirements of Section 7 Statement of Cash Flows. |
| 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 |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| 2. | STAFF COSTS |
| There were no staff costs for the year ended 31st March 2016 nor for the year ended |
| 31st March 2015. |
| 3. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 2016 | 2015 |
| £ | £ |
| Directors' remuneration and other benefits etc |
| 4. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 2016 | 2015 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax on profit on ordinary activities |
| UK corporation tax has been charged at 20% (2015 - 20%). |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Land and |
| buildings |
| £ |
| COST |
| At 1st April 2015 |
| Additions |
| At 31st March 2016 |
| NET BOOK VALUE |
| At 31st March 2016 |
| At 31st March 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Bank loans and overdrafts (see note 9) |
| Trade creditors | ( |
) |
| Corporation tax |
| Other creditors |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Bank loans (see note 9) |
| Directors loan account |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2016 | 2015 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| AST HOLDINGS (UK) LIMITED (REGISTERED NUMBER: 04423263) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MARCH 2016 |
| 9. | LOANS - continued |
| 2016 | 2015 |
| £ | £ |
| Amounts falling due between one and two years: |
| Bank loans due after more than one year |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st April 2015 |
| Profit for the year |
| At 31st March 2016 |