IRIS Accounts Production v23.4.0.336 02031122 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020311222022-10-31020311222023-10-31020311222022-11-012023-10-31020311222021-10-31020311222021-11-012022-10-31020311222022-10-3102031122ns15:EnglandWales2022-11-012023-10-3102031122ns14:PoundSterling2022-11-012023-10-3102031122ns10:Director12022-11-012023-10-3102031122ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3102031122ns10:SmallEntities2022-11-012023-10-3102031122ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3102031122ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3102031122ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3102031122ns10:FullAccounts2022-11-012023-10-3102031122ns10:CompanySecretary12022-11-012023-10-3102031122ns10:RegisteredOffice2022-11-012023-10-3102031122ns5:CurrentFinancialInstruments2023-10-3102031122ns5:CurrentFinancialInstruments2022-10-3102031122ns5:ShareCapital2023-10-3102031122ns5:ShareCapital2022-10-3102031122ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-3102031122ns5:FurtherSpecificReserve3ComponentTotalEquity2022-10-3102031122ns5:RetainedEarningsAccumulatedLosses2023-10-3102031122ns5:RetainedEarningsAccumulatedLosses2022-10-3102031122ns5:LeaseholdImprovements2022-11-012023-10-3102031122ns5:PlantMachinery2022-11-012023-10-3102031122ns5:FurnitureFittings2022-11-012023-10-3102031122ns5:MotorVehicles2022-11-012023-10-3102031122ns5:LeaseholdImprovements2022-10-3102031122ns5:PlantMachinery2022-10-3102031122ns5:FurnitureFittings2022-10-3102031122ns5:MotorVehicles2022-10-3102031122ns5:LeaseholdImprovements2023-10-3102031122ns5:PlantMachinery2023-10-3102031122ns5:FurnitureFittings2023-10-3102031122ns5:MotorVehicles2023-10-3102031122ns5:LeaseholdImprovements2022-10-3102031122ns5:PlantMachinery2022-10-3102031122ns5:FurnitureFittings2022-10-3102031122ns5:MotorVehicles2022-10-3102031122ns5:CostValuation2022-10-3102031122ns5:RevaluationsIncreaseDecreaseInInvestments2023-10-3102031122ns5:CostValuation2023-10-3102031122ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3102031122ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3102031122ns5:FurtherSpecificReserve3ComponentTotalEquity2022-10-31
REGISTERED NUMBER: 02031122 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

STAR INSTALLATION (CONTRACTORS) LIMITED

STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


STAR INSTALLATION (CONTRACTORS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: R M Harrison





SECRETARY: Mrs V M Harrison





REGISTERED OFFICE: Unit B
Progress Business Centre
Brookfield Drive
Cannock
Staffordshire
WS11 0JR





REGISTERED NUMBER: 02031122 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 70,037 56,516
Investments 5 287 301
70,324 56,817

CURRENT ASSETS
Stocks 20,000 20,000
Debtors 6 433,999 406,658
Prepayments 12,264 19,865
Cash at bank and in hand 1,013,684 677,557
1,479,947 1,124,080
CREDITORS
Amounts falling due within one year 7 539,831 321,039
NET CURRENT ASSETS 940,116 803,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,010,440

859,858

PROVISIONS FOR LIABILITIES 14,070 2,995
NET ASSETS 996,370 856,863

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Undistributable reserves 8 287 301
Retained earnings 946,083 806,562
SHAREHOLDERS' FUNDS 996,370 856,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 2023


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 29 February 2024 and were signed by:





R M Harrison - Director


STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Star Installation (Contractors) 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 preparation of 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 as modified by the revaluation of certain assets.

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.
Improvements to property - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures,fittings and office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks and work in progress
Stock and work in progress is valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods , cost is taken as production cost, which includes a relevant proportion of overheads according to the stage of manufacture/completion.

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 statement of financial position date.

Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Pension costs
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.

Investments
Investments in shares are included at fair value.Gains and losses are recognised in the income statement.Deferred taxation is provided on the gains at the rate expected to apply when the investments are sold.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,fittings
Improvements and
to Plant and office Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
COST
At 1 November 2022 47,211 47,134 45,278 105,537 245,160
Additions - 9,950 - 25,126 35,076
Disposals - (8,000 ) - - (8,000 )
At 31 October 2023 47,211 49,084 45,278 130,663 272,236
DEPRECIATION
At 1 November 2022 38,114 44,078 42,843 63,609 188,644
Charge for year 1,882 1,951 365 16,763 20,961
Eliminated on disposal - (7,406 ) - - (7,406 )
At 31 October 2023 39,996 38,623 43,208 80,372 202,199
NET BOOK VALUE
At 31 October 2023 7,215 10,461 2,070 50,291 70,037
At 31 October 2022 9,097 3,056 2,435 41,928 56,516

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2022 301
Revaluations (14 )
At 31 October 2023 287
NET BOOK VALUE
At 31 October 2023 287
At 31 October 2022 301

STAR INSTALLATION (CONTRACTORS) LIMITED (REGISTERED NUMBER: 02031122)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 October 2023 is represented by:

Other
investments
£   
Valuation in 2014 375
Valuation in 2015 (26 )
Valuation in 2016 (29 )
Valuation in 2017 43
Valuation in 2018 (55 )
Valuation in 2019 10
Valuation in 2020 (133 )
Valuation in 2021 99
Valuation in 2022 17
Valuation in 2023 (14 )
287

If the investments had not been revalued they would have been included at historical cost of £Nil.

6. DEBTORS
2023 2022
£    £   
Trade debtors 405,128 405,311
Other debtors 28,871 1,347
433,999 406,658

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 285,817 135,742
Taxation and social security 75,945 62,974
Other creditors 178,069 122,323
539,831 321,039

8. RESERVES
Undistributa
reserves
£   
At 1 November 2022 301
Investments fair value reserve (14 )

At 31 October 2023 287