Accounts Submission

Accounts Submission

BID MASTERS LTD - Company Information

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AD ASTRA (UK) LIMITED

Company Registration Number:
03115226 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 November 2015

End date: 31 October 2016

AD ASTRA (UK) LIMITED

Abbreviated Balance sheet

As at 31 October 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 2,339 0
Total fixed assets: 2,339 0
Current assets
Stocks: 0 0
Debtors: 3 41,805 52,174
Cash at bank and in hand: 36,418 19,568
Total current assets: 78,223 71,742
Creditors: amounts falling due within one year: 4 ( 38,448 ) ( 37,710 )
Net current assets (liabilities): 39,775 34,032
Total assets less current liabilities: 42,114 34,032
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 42,114 34,032

The notes form part of these financial statements

AD ASTRA (UK) LIMITED

Balance sheet continued

As at 31 October 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 5 11 2
Revaluation reserve: 0 0
Profit and loss account: 42,103 34,030
Shareholders funds: 42,114 34,032

For the year ending 31 October 2016 the company was entitled to exemption 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 22 May 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Peter Joseph Coyle
Status: Director

The notes form part of these financial statements

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015 (FRSSE 2015).
    These financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as shown below.
    IT Equipment - 33.33333333% straight line
    Plant, Tools, machinery - 25% straight line

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 2. Tangible assets

    Total
    Cost £
    01 November 2015: 8,969
    Additions: 3,508
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 October 2016: 12,477
    Depreciation
    01 November 2015: 8,969
    Charge for year: 1,169
    On disposals: 0
    Other adjustments: 0
    31 October 2016: 10,138
    Net book value
    31 October 2016: 2,339
    31 October 2015: 0

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 41,585 52,174
    Prepayments and accrued income: 220 0
    Other debtors: 0
    Total: 41,805 52,174

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 0 0
    Amounts due under finance leases and hire purchase contracts: 0 0
    Trade creditors: 755 7,144
    Taxation and social security: 15,617 16,304
    Accruals and deferred income: 0 0
    Other creditors: 22,076 14,262
    Total: 38,448 37,710

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0.00 0
    Total share capital (£): 2
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 11 1.00 11
    Preference shares: 0 0.00 0
    Total share capital (£): 11

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 6. Related party disclosures

    Name of the ultimate controlling party during the period: Mr Peter Coyle
    Name of related party: Mr Peter Coyle
    Relationship: Director
    Description of the transaction Dividends paid
    Balance at 01 November 2015 0
    Balance at 31 October 2016 0

    Additional information

    During the year dividends were paid to Mr Peter Coyle amounting to £15,000 (2015: £15,500)

AD ASTRA (UK) LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 October 2016

  • 7. Transactions with directors

    No transactions to disclose