STAR HYDRAULICS LIMITED

Company Registration Number:
01842737 (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 HYDRAULICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

STAR HYDRAULICS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,774,749 1,823,885
Total fixed assets: 1,774,749 1,823,885
Current assets
Stocks: 281,945 277,690
Debtors: 4 633,746 587,855
Cash at bank and in hand: 16,105,212 16,028,814
Total current assets: 17,020,903 16,894,359
Creditors: amounts falling due within one year:   (784,093) (1,672,421)
Net current assets (liabilities): 16,236,810 15,221,938
Total assets less current liabilities: 18,011,559 17,045,823
Provision for liabilities: (56,736) (60,210)
Total net assets (liabilities): 17,954,823 16,985,613
Capital and reserves
Called up share capital: 5,190 5,190
Profit and loss account: 17,949,633 16,980,423
Shareholders funds: 17,954,823 16,985,613

The notes form part of these financial statements

STAR HYDRAULICS LIMITED

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 21 June 2023
and signed on behalf of the board by:

Name: P Shillam
Status: Director

The notes form part of these financial statements

STAR HYDRAULICS LIMITED

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

STAR HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 43 44

STAR HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 3,470,429
Additions 52,616
Disposals (35,585)
At 31 March 2023 3,487,460
Depreciation
At 01 April 2022 1,646,544
Charge for year 86,362
On disposals (20,195)
At 31 March 2023 1,712,711
Net book value
At 31 March 2023 1,774,749
At 31 March 2022 1,823,885

STAR HYDRAULICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 633,746 587,855