1 May 2017 false No description of principal activity Taxfiler 2018.14.Web 08469000business:PrivateLimitedCompanyLtd2017-05-012018-04-30 084690002017-04-30 084690002017-05-012018-04-30 08469000business:AuditExemptWithAccountantsReport2017-05-012018-04-30 08469000business:AbridgedAccounts2017-05-012018-04-30 084690002018-04-30 08469000business:Director12017-05-012018-04-30 08469000business:RegisteredOffice2017-05-012018-04-30 084690002017-04-30 08469000core:WithinOneYear2018-04-30 08469000core:WithinOneYear2017-04-30 08469000core:ShareCapital2018-04-30 08469000core:ShareCapital2017-04-30 08469000core:RetainedEarningsAccumulatedLosses2018-04-30 08469000core:RetainedEarningsAccumulatedLosses2017-04-30 08469000business:SmallEntities2017-05-012018-04-30 08469000countries:EnglandWales2017-05-012018-04-30 08469000business:OrdinaryShareClass12017-05-012018-04-30 08469000business:OrdinaryShareClass12016-05-012017-04-30 084690002016-05-012017-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08469000 (England and Wales)
STRAY STAR LTD Unaudited accounts for the year ended 30 April 2018
STRAY STAR LTD Unaudited accounts Contents
Page
- 2 -
STRAY STAR LTD Company Information for the year ended 30 April 2018
Director
Phillip Williams
Company Number
08469000 (England and Wales)
Registered Office
8 Drake Close Cullompton Devon England EX15 1FN
Accountants
Hugh Simpson ACMA Chartered Management Accountant 31 Exeter Drive Flat 1/3 Glasgow United Kingdom G11 7XF
- 3 -
STRAY STAR LTD Accountants' report
Accountants' report to the director of STRAY STAR LTD on the preparation of the unaudited statutory accounts for the year ended 30 April 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of STRAY STAR LTD for the year ended 30 April 2018 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of STRAY STAR LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of STRAY STAR LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than STRAY STAR LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that STRAY STAR LTD 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 STRAY STAR LTD. You consider that STRAY STAR LTD 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 STRAY STAR LTD. 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.
Hugh Simpson ACMA Chartered Management Accountant 31 Exeter Drive Flat 1/3 Glasgow United Kingdom G11 7XF 13 November 2018
- 4 -
STRAY STAR LTD Statement of financial position as at 30 April 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
237 
316 
Current assets
Inventories
1,000 
1,000 
Debtors
1,506 
502 
Cash at bank and in hand
18,017 
53,692 
20,523 
55,194 
Creditors: amounts falling due within one year
(9,969)
(11,076)
Net current assets
10,554 
44,118 
Net assets
10,791 
44,434 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,790 
44,433 
Shareholders' funds
10,791 
44,434 
For the year ending 30 April 2018 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 November 2018.
Phillip Williams Director Company Registration No. 08469000
- 5 -
STRAY STAR LTD Notes to the Accounts for the year ended 30 April 2018
1
Statutory information
STRAY STAR LTD is a private company, limited by shares, registered in England and Wales, registration number 08469000. The registered office is 8 Drake Close, Cullompton, Devon, England, EX15 1FN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rate in order to write off the assets over their estimated useful lives: Plant and machinery 25% reducing balance.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2017
1,000 
At 30 April 2018
1,000 
Depreciation
At 1 May 2017
684 
Charge for the year
79 
At 30 April 2018
763 
Net book value
At 30 April 2018
237 
At 30 April 2017
316 
- 6 -
STRAY STAR LTD Notes to the Accounts for the year ended 30 April 2018
5
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
6
Average number of employees
During the year the average number of employees was 1 (2017: 1).
- 7 -