2022-07-01 2023-06-30 false Capium Accounts Production 1.1 11679511 bus:AbridgedAccounts 2022-07-01 2023-06-30 11679511 bus:FRS102 2022-07-01 2023-06-30 11679511 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 11679511 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 11679511 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11679511 2022-07-01 2023-06-30 11679511 2023-06-30 11679511 bus:RegisteredOffice 2022-07-01 2023-06-30 11679511 core:WithinOneYear 2023-06-30 11679511 core:AfterOneYear 2023-06-30 11679511 bus:Director1 2022-07-01 2023-06-30 11679511 bus:Director1 2023-06-30 11679511 bus:Director1 2021-07-01 2022-06-30 11679511 2021-07-01 11679511 bus:CompanySecretary1 2022-07-01 2023-06-30 11679511 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 11679511 2021-07-01 2022-06-30 11679511 2022-06-30 11679511 core:WithinOneYear 2022-06-30 11679511 core:AfterOneYear 2022-06-30 11679511 bus:EntityAccountantsOrAuditors 2021-07-01 2022-06-30 11679511 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 11679511 bus:OrdinaryShareClass1 2023-06-30 11679511 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 11679511 bus:OrdinaryShareClass1 2022-06-30 11679511 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 11679511 core:CostValuation core:Non-currentFinancialInstruments 2022-06-30 11679511 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 11679511 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 11679511 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 11679511 core:Non-currentFinancialInstruments 2023-06-30 11679511 core:Non-currentFinancialInstruments 2022-06-30 11679511 core:ShareCapital 2023-06-30 11679511 core:ShareCapital 2022-06-30 11679511 core:RetainedEarningsAccumulatedLosses 2023-06-30 11679511 core:RetainedEarningsAccumulatedLosses 2022-06-30 11679511 dpl:Item1 2022-07-01 11679511 dpl:Item1 2023-06-30 11679511 dpl:Item1 2021-07-01 11679511 dpl:Item1 2022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11679511
England and Wales

 

 

 

ALBO-STAR LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 July 2022

End date: 30 June 2023
Accountants report
You consider that the company is exempt from an audit for the year ended 30 June 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. 



....................................................
Akhter's Limited Accountants and Business Advisors
64 Castle Boulevard
Nottingham
NG7 1FN
15 March 2024
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors 92,718    93,110 
Cash at bank and in hand 19,009    2,345 
111,727    95,455 
Creditors: amount falling due within one year (50,351)   (46,251)
Net current assets 61,376    49,204 
 
Total assets less current liabilities 61,376    49,204 
Creditors: amount falling due after more than one year (60,123)   (39,113)
Net assets 1,253    10,091 
 

Capital and reserves
     
Called up share capital 3 100    100 
Profit and loss account 1,153    9,991 
Shareholder's funds 1,253    10,091 
 


For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 15 March 2024 and were signed by:


-------------------------------
Mr Aurel Capo
Director
2
General Information
Albo-Star Limited is a private company, limited by shares, registered in England and Wales, registration number 11679511, registration address 79 Mottram Road, Beeston, Nottingham, NG9 4FW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Stocks
Stocks 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.
2.

Average number of employees


Average number of employees during the year was 2 (2022 : 2).
3.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

4.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2023
£
 2022
£
 2023
£
 2022
£
A C Property Renovations Limited1,608 74,608 73,000 
Albstar Logistics Ltd(2,000)2,000 16,000 18,000 
Daily Deals Motors Ltd2,110 2,110 2,110 

The director Mr Aurel Capo is also a director in A C Property Renovations Limited. At the balance sheet date, the company is owed an interest free loan from A C Property Renovations Limited, included within debtors due after more than one year.
The director Mr Aurel Capo is also a director in Albstar Logistics Ltd. At the balance sheet date, the company is owed an interest free loan from Albstar Logistics Ltd, included within debtors due after more than one year.
The director Mr Aurel Capo is also a director in Daily Deals Motors Ltd. At the balance sheet date, the company is owed an interest free loan from Daily Deals Motors Ltd, included within debtors due after more than one year.
3