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Company Registration No. 11039320 (England and Wales)
STAR SPIRIT ATHLETICS LTD Unaudited accounts for the year ended 31 October 2022
STAR SPIRIT ATHLETICS LTD Unaudited accounts Contents
Page
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STAR SPIRIT ATHLETICS LTD Company Information for the year ended 31 October 2022
Directors
Gareth Bromilow Charlotte Duffy
Company Number
11039320 (England and Wales)
Registered Office
95 BOALER STREET LIVERPOOL L6 9DF UNITED KINGDOM
Accountants
Annette & Co. 28 Kittlegairy Crescent Peebles EH45 9NJ
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STAR SPIRIT ATHLETICS LTD Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,421 
7,246 
Current assets
Debtors
48,578 
29,348 
Cash at bank and in hand
23,323 
22,720 
71,901 
52,068 
Creditors: amounts falling due within one year
(39,211)
(18,467)
Net current assets
32,690 
33,601 
Total assets less current liabilities
38,111 
40,847 
Creditors: amounts falling due after more than one year
(17,668)
(18,668)
Net assets
20,443 
22,179 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
20,441 
22,177 
Shareholders' funds
20,443 
22,179 
For the year ending 31 October 2022 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 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 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 of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by
Charlotte Duffy Director Company Registration No. 11039320
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STAR SPIRIT ATHLETICS LTD Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
STAR SPIRIT ATHLETICS LTD is a private company, limited by shares, registered in England and Wales, registration number 11039320. The registered office is 95 BOALER STREET, LIVERPOOL, L6 9DF, 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 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.
Presentation currency
The accounts are presented in £ sterling.
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 rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line Method
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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STAR SPIRIT ATHLETICS LTD Notes to the Accounts for the year ended 31 October 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2021
9,126 
At 31 October 2022
9,126 
Depreciation
At 1 November 2021
1,880 
Charge for the year
1,825 
At 31 October 2022
3,705 
Net book value
At 31 October 2022
5,421 
At 31 October 2021
7,246 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
19,284 
- 
Other debtors
29,294 
29,348 
48,578 
29,348 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
35,016 
13,882 
Other creditors
1,391 
1,103 
Loans from directors
- 
678 
Accruals
2,804 
2,804 
39,211 
18,467 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
17,668 
18,668 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Gareth Bromilow of £1 each
1 
1 
1 Charlotte Duffy of £1 each
1 
1 
2 
2 
9
Average number of employees
During the year the average number of employees was 8 (2021: 8).
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