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
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
STAR SPIRIT ATHLETICS LTD
Statement of financial position
as at 31 October 2022
Tangible assets
5,421
7,246
Cash at bank and in hand
23,323
22,720
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)
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
STAR SPIRIT ATHLETICS LTD
Notes to the Accounts
for the year ended 31 October 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
STAR SPIRIT ATHLETICS LTD
Notes to the Accounts
for the year ended 31 October 2022
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts due from group undertakings etc.
19,284
-
Other debtors
29,294
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
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1 Gareth Bromilow of £1 each
1
1
1 Charlotte Duffy of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 8 (2021: 8).