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REGISTERED NUMBER: 05382327 (England and Wales)




























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

STAR CUTOUTS LIMITED

STAR CUTOUTS LIMITED (REGISTERED NUMBER: 05382327)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

STAR CUTOUTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: I N Ravey
Mrs L G Ravey





REGISTERED OFFICE: Unit B1, Guide Bridge Trading Estate
South Street
Ashton under Lyne
Lancashire
OL7 0HU





REGISTERED NUMBER: 05382327 (England and Wales)





ACCOUNTANTS: Hanley & Co
Chartered Accountants
18 Church Street
Ashton-under-Lyne
Lancashire
OL6 6XE

STAR CUTOUTS LIMITED (REGISTERED NUMBER: 05382327)

ABRIDGED BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 222,938 233,669

CURRENT ASSETS
Inventories 94,691 68,852
Debtors 180,300 192,006
Cash at bank 109,067 82,578
384,058 343,436
CREDITORS
Amounts falling due within one year 236,026 269,171
NET CURRENT ASSETS 148,032 74,265
TOTAL ASSETS LESS CURRENT
LIABILITIES

370,970

307,934

CREDITORS
Amounts falling due after more than one
year

(60,315

)

(57,021

)

PROVISIONS FOR LIABILITIES (42,358 ) (46,734 )
NET ASSETS 268,297 204,179

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 268,197 204,079
SHAREHOLDERS' FUNDS 268,297 204,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

STAR CUTOUTS LIMITED (REGISTERED NUMBER: 05382327)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 29 October 2018 and were signed on its behalf by:





I N Ravey - Director


STAR CUTOUTS LIMITED (REGISTERED NUMBER: 05382327)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Star Cutouts 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of goods and services provided to customers, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

Stocks
Inventories 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 Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2017 - 29 ) .

STAR CUTOUTS LIMITED (REGISTERED NUMBER: 05382327)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 April 2017 591,427
Additions 46,033
At 31 March 2018 637,460
DEPRECIATION
At 1 April 2017 357,758
Charge for year 56,764
At 31 March 2018 414,522
NET BOOK VALUE
At 31 March 2018 222,938
At 31 March 2017 233,669

5. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Hire purchase contracts 90,597 77,146

STAR CUTOUTS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
STAR CUTOUTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Hanley & Co
Chartered Accountants
18 Church Street
Ashton-under-Lyne
Lancashire
OL6 6XE


29 October 2018