STAR MACHINERY LTD

Company Registration Number:
05276877 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

STAR MACHINERY LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

STAR MACHINERY LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Current assets
Stocks: 3,320 3,320
Total current assets: 3,320 3,320
Creditors: amounts falling due within one year: 3 (1,787) (1,787)
Net current assets (liabilities): 1,533 1,533
Total assets less current liabilities: 1,533 1,533
Creditors: amounts falling due after more than one year: 4 (195,445) (195,445)
Total net assets (liabilities): (193,912) (193,912)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (193,914) (193,914)
Shareholders funds: (193,912) (193,912)

The notes form part of these financial statements

STAR MACHINERY 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

This report was approved by the board of directors on 14 November 2023
and signed on behalf of the board by:

Name: J A Dempsey
Status: Director

The notes form part of these financial statements

STAR MACHINERY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives

Other accounting policies

StockStocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

STAR MACHINERY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

STAR MACHINERY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

Trade creditors - £1,787 (2022 - £1,787)

STAR MACHINERY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

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

Amounts owed to group undertakings and undertakings in which the company has a participating interest - £183,070 (2022 - £183,070)Other creditors - £12,375 (2022 - £12,375)