DUST AND STARDUST LTD

Company Registration Number:
03506682 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

DUST AND STARDUST LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes

DUST AND STARDUST LTD

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 332,852 343,305
Total fixed assets: 332,852 343,305
Current assets
Stocks: 4 279 623
Cash at bank and in hand: 2,713 8,968
Total current assets: 2,992 9,591
Creditors: amounts falling due within one year: 5 ( 42,964 ) ( 59,239 )
Net current assets (liabilities): (39,972) (49,648)
Total assets less current liabilities: 292,880 293,657
Creditors: amounts falling due after more than one year: 6 ( 186,364 ) ( 178,141 )
Total net assets (liabilities): 106,516 115,516
Capital and reserves
Called up share capital: 4,302 4,302
Profit and loss account: 102,214 111,214
Total Shareholders' funds: 106,516 115,516

The notes form part of these financial statements

DUST AND STARDUST LTD

Balance sheet statements

For the year ending 31 March 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 October 2023
and signed on behalf of the board by:

Name: Geraldine Homewood
Status: Director

The notes form part of these financial statements

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Leasehold land and buildings over 50 years, Office equipment over 5 years.

    Other accounting policies

    Stocks - Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 512,072 6,279 518,351
Additions
Disposals
Revaluations
Transfers
At 31 March 2023 512,072 6,279 518,351
Depreciation
At 1 April 2022 168,979 6,067 175,046
Charge for year 10,241 212 10,453
On disposals
Other adjustments
At 31 March 2023 179,220 6,279 185,499
Net book value
At 31 March 2023 332,852 0 332,852
At 31 March 2022 343,093 212 343,305

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 279 623
Total 279 623

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 16,074
Taxation and social security 4,542 5,538
Other creditors 38,422 37,627
Total 42,964 59,239

DUST AND STARDUST LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 186,364 178,141
Total 186,364 178,141