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Company Registration No. 13830069 (England and Wales)
AB Starr Properties Limited Unaudited accounts for the period from 5 January 2022 to 31 January 2023
AB Starr Properties Limited Statement of financial position as at 31 January 2023
2023 
Notes
£ 
Fixed assets
Investment property
198,855 
Current assets
Debtors
6,997 
Cash at bank and in hand
100 
7,097 
Creditors: amounts falling due within one year
(2,971)
Net current assets
4,126 
Total assets less current liabilities
202,981 
Creditors: amounts falling due after more than one year
(203,848)
Net liabilities
(867)
Capital and reserves
Called up share capital
100 
Profit and loss account
(967)
Shareholders' funds
(867)
For the period ending 31 January 2023 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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.
The financial statements were approved by the Board and authorised for issue on 4 October 2023 and were signed on its behalf by
Alison Jocelyn Fitzhugh Director Company Registration No. 13830069
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AB Starr Properties Limited Notes to the Accounts for the period from 5 January 2022 to 31 January 2023
1
Statutory information
AB Starr Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13830069. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northants, NN8 4NL, United Kingdom.
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 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the rent due for the period, excluding discounts, rebates, and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Additions
198,855 
At 31 January 2023
198,855 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
6,997 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
2,434 
Trade creditors
37 
Accruals
500 
2,971 
The bank loan is secured against the investment property.
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AB Starr Properties Limited Notes to the Accounts for the period from 5 January 2022 to 31 January 2023
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
141,053 
Loans from directors
62,795 
203,848 
Aggregate of amounts that fall due for payment after five years
132,291 
The bank loan is secured against the investment property.
8
Share capital
2023 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
9
Average number of employees
During the period the average number of employees was 1.
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