1 June 2022 false No description of principal activity Taxfiler 2023.14 true SC449823business:PrivateLimitedCompanyLtd2022-06-012023-05-31 SC4498232022-05-31 SC449823business:EntityNoLongerTradingButTradedInPast2022-06-012023-05-31 SC4498232022-06-012023-05-31 SC449823business:AuditExemptWithAccountantsReport2022-06-012023-05-31 SC449823business:FilletedAccounts2022-06-012023-05-31 SC4498232023-05-31 SC449823business:Director12022-06-012023-05-31 SC449823business:RegisteredOffice2022-06-012023-05-31 SC4498232022-05-31 SC449823core:WithinOneYear2023-05-31 SC449823core:WithinOneYear2022-05-31 SC449823core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC449823core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 SC449823core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC449823core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 SC449823core:PreviouslyStatedAmount2023-05-31 SC449823core:PreviouslyStatedAmount2022-05-31 SC449823business:SmallEntities2022-06-012023-05-31 SC449823countries:Scotland2022-06-012023-05-31 SC449823core:ComputerEquipment2022-06-012023-05-31 SC449823core:ComputerEquipment2022-05-31 SC449823core:ComputerEquipment2023-05-31 SC449823business:OrdinaryShareClass12022-06-012023-05-31 SC449823business:OrdinaryShareClass12021-06-012022-05-31 SC4498232021-06-012022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC449823 (Scotland)
ICAN FUTURE STAR LTD Unaudited accounts for the year ended 31 May 2023
ICAN FUTURE STAR LTD Unaudited accounts Contents
Page
- 2 -
ICAN FUTURE STAR LTD Company Information for the year ended 31 May 2023
Director
Y Feng
Company Number
SC449823 (Scotland)
Registered Office
18 Mosshead Road Bearsden Glasgow G61 3HN Scotland
Accountants
Assenti & Noble Ltd 18 Mosshead Road Bearsden Glasgow G61 3HN
- 3 -
ICAN FUTURE STAR LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
7 
105 
Creditors: amounts falling due within one year
(35,223)
(35,105)
Net current liabilities
(35,216)
(35,000)
Net liabilities
(35,216)
(35,000)
Capital and reserves
Called up share capital
133 
133 
Profit and loss account
(35,349)
(35,133)
Shareholders' funds
(35,216)
(35,000)
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 February 2024 and were signed on its behalf by
Y Feng Director Company Registration No. SC449823
- 4 -
ICAN FUTURE STAR LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
ICAN FUTURE STAR LTD is a private company, limited by shares, registered in Scotland, registration number SC449823. The registered office is 18 Mosshead Road, Bearsden, Glasgow, G61 3HN, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents invoiced sales to external customers, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on cost
Going concern
The balance sheet shows that the company has an excess of liabilities over assets. The accounts have been prepared on a going concern basis assuming the continuing financial support of the company's director.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
794 
At 31 May 2023
794 
Depreciation
At 1 June 2022
794 
At 31 May 2023
794 
Net book value
At 31 May 2023
- 
- 5 -
ICAN FUTURE STAR LTD Notes to the Accounts for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
35,073 
34,865 
Accruals
150 
240 
35,223 
35,105 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,335,000 Ordinary shares of £0.0001 each
133.50 
133.50 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -