Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
Astrum ElementOne Limited
trading as Astrum Elementone Limited
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6 ) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Astrum ElementOne Limited
trading as Astrum Elementone Limited
for the Year Ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Astrum ElementOne Limited for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW) , we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/ .
This report is made solely to the Board of Directors of Astrum ElementOne Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Astrum ElementOne Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Astrum ElementOne Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Astrum ElementOne Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Astrum ElementOne Limited. You consider that Astrum ElementOne Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Astrum ElementOne Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ellis Lloyd Jones LLP
11 Park Square
Newport
NP20 4EL
9 December 2016
Astrum ElementOne Limited
trading as Astrum Elementone Limited
(Registration number: 06515439)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
2
Astrum ElementOne Limited
trading as Astrum Elementone Limited
(Registration number: 06515439)
Abbreviated Balance Sheet at 31 March 2016
......... continued
Mrs G J Whitfield
Director
Mr C I Vigars
Director
3
Astrum ElementOne Limited
trading as Astrum Elementone Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Exemption from preparing group accounts
Turnover
Depreciation
Depreciation is calculated so as to write off the cost of an assett, less its estimated residual value, over the useful economic life of the asset as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Fixtures and fittings |
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Fixed asset investments
Deferred tax
Foreign currency
Astrum ElementOne Limited
trading as Astrum Elementone Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Financial instruments
Fixed assets |
Tangible assets
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Investments
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Total
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Cost |
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At 1 April 2015 |
12,538 |
48,000 |
60,538 |
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Additions |
4,952 |
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4,952 |
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At 31 March 2016 |
17,490 |
48,000 |
65,490 |
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Depreciation |
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At 1 April 2015 |
7,616 |
- |
7,616 |
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Charge for the year |
1,545 |
- |
1,545 |
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At 31 March 2016 |
9,161 |
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9,161 |
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Net book value |
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At 31 March 2016 |
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At 31 March 2015 |
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Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
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England and Wales |
Ordinary £1 shares |
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Astrum ElementOne Limited
trading as Astrum Elementone Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
The loss for the financial period of Astrum-IP Limited was £3,852 and the aggregate amount of capital and reserves at the end of the period was £39,429.
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Directors' advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mrs G J Whitfield |
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Mr C I Vigars |
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