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REGISTERED NUMBER: 12740285 (England and Wales)


Financial Statements for the Year Ended 31 July 2023

for

High Star Properties Ltd

High Star Properties Ltd (Registered number: 12740285)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


High Star Properties Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr Rupinder Singh
Mr Baljinder Singh





REGISTERED OFFICE: 210A Hawthorn Road
Birmingham
West Midland
United Kingdom
B44 8PP





REGISTERED NUMBER: 12740285 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

High Star Properties Ltd (Registered number: 12740285)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 402,815 309,472

CURRENT ASSETS
Cash at bank and in hand 11,218 39,668

CREDITORS
Amounts falling due within one year 5 266,397 247,544
NET CURRENT LIABILITIES (255,179 ) (207,876 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,636

101,596

CREDITORS
Amounts falling due after more than one
year

6

107,640

80,340
NET ASSETS 39,996 21,256

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 39,896 21,156
SHAREHOLDERS' FUNDS 39,996 21,256

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

High Star Properties Ltd (Registered number: 12740285)

Statement of Financial Position - continued
31 July 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 Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Mr Rupinder Singh - Director


High Star Properties Ltd (Registered number: 12740285)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

High Star Properties Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover
Turnover represents gross income of invoiced goods and services including Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. PROPERTY, PLANT AND EQUIPMENT
Land and
buildings
£   
COST
At 1 August 2022 309,472
Additions 93,343
At 31 July 2023 402,815
NET BOOK VALUE
At 31 July 2023 402,815
At 31 July 2022 309,472

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors - 700
Taxation and social security 4,396 3,531
Other creditors 262,001 243,313
266,397 247,544

High Star Properties Ltd (Registered number: 12740285)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 107,640 80,340

Amounts falling due in more than five years:

Repayable by instalments
Long Term - Other Loan 107,640 80,340

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Share capital 1 £1 100 100