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REGISTERED NUMBER: 08197519 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

STELLA EXPERTS LIMITED

STELLA EXPERTS LIMITED (REGISTERED NUMBER: 08197519)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STELLA EXPERTS LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTOR: M Cotman





REGISTERED OFFICE: 5 George Close
Polegate
East Sussex
BN26 6GS





REGISTERED NUMBER: 08197519 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

STELLA EXPERTS LIMITED (REGISTERED NUMBER: 08197519)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,154 1,841

CURRENT ASSETS
Debtors 5 15,560 15,160
Cash at bank 78,623 3,030
94,183 18,190
CREDITORS
Amounts falling due within one year 6 125,055 6,425
NET CURRENT (LIABILITIES)/ASSETS (30,872 ) 11,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,718

)

13,606

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings (15,720 ) 13,604
SHAREHOLDERS' FUNDS (15,718 ) 13,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2023 and were signed by:





M Cotman - Director


STELLA EXPERTS LIMITED (REGISTERED NUMBER: 08197519)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Stella Experts 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 33% on reducing balance
Computer equipment - 25% on reducing balance

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 9 (2022 - 1 ) .

STELLA EXPERTS LIMITED (REGISTERED NUMBER: 08197519)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 4,162 - 13,945 - 18,107
Additions 192 16,205 - 2,014 18,411
At 28 February 2023 4,354 16,205 13,945 2,014 36,518
DEPRECIATION
At 1 March 2022 3,373 - 12,893 - 16,266
Charge for year 196 4,051 347 504 5,098
At 28 February 2023 3,569 4,051 13,240 504 21,364
NET BOOK VALUE
At 28 February 2023 785 12,154 705 1,510 15,154
At 28 February 2022 789 - 1,052 - 1,841

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 4,302
Other debtors 10,858 10,858
Prepayments 4,702 -
15,560 15,160

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other loans 13,369 -
Trade creditors 40,497 36
Tax - 1,313
Social security and other taxes 3,520 (3 )
VAT 46,616 2,945
Other creditors 19,425 104
Directors' current accounts 188 110
Accrued expenses 1,440 1,920
125,055 6,425

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
2 Preference £0.50 2 2

STELLA EXPERTS LIMITED (REGISTERED NUMBER: 08197519)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
M Cotman
Balance outstanding at start of year - -
Amounts advanced 28,894 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,894 -