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REGISTERED NUMBER: 11075319 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

STAR DIRECT HOSPITALITY LIMITED

STAR DIRECT HOSPITALITY LIMITED (REGISTERED NUMBER: 11075319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


STAR DIRECT HOSPITALITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2022







DIRECTOR: K M Thakrar





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 11075319 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

STAR DIRECT HOSPITALITY LIMITED (REGISTERED NUMBER: 11075319)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,860 6,320
Tangible assets 5 3,120 1,376
6,980 7,696

CURRENT ASSETS
Stocks 11,209 9,825
Debtors 6 119,134 110,695
Cash at bank 3,363 1,846
133,706 122,366
CREDITORS
Amounts falling due within one year 7 96,067 85,007
NET CURRENT ASSETS 37,639 37,359
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,619

45,055

CREDITORS
Amounts falling due after more than one
year

8

35,825

41,544
NET ASSETS 8,794 3,511

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,694 3,411
SHAREHOLDERS' FUNDS 8,794 3,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 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.

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 23 February 2024 and were signed by:




K M Thakrar - Director


STAR DIRECT HOSPITALITY LIMITED (REGISTERED NUMBER: 11075319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1. STATUTORY INFORMATION

Star Direct Hospitality 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.

Government assisted loans
Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

STAR DIRECT HOSPITALITY LIMITED (REGISTERED NUMBER: 11075319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 December 2021
and 30 November 2022 11,300 2,000 13,300
AMORTISATION
At 1 December 2021 6,780 200 6,980
Charge for year 2,260 200 2,460
At 30 November 2022 9,040 400 9,440
NET BOOK VALUE
At 30 November 2022 2,260 1,600 3,860
At 30 November 2021 4,520 1,800 6,320

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2021 3,298
Additions 3,308
At 30 November 2022 6,606
DEPRECIATION
At 1 December 2021 1,922
Charge for year 1,564
At 30 November 2022 3,486
NET BOOK VALUE
At 30 November 2022 3,120
At 30 November 2021 1,376

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 72,696 70,746
Other debtors 46,438 39,949
119,134 110,695

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 19,957 19,305
Trade creditors 48,366 39,318
Taxation and social security 16,873 9,578
Other creditors 10,871 16,806
96,067 85,007

STAR DIRECT HOSPITALITY LIMITED (REGISTERED NUMBER: 11075319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 35,825 41,544

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,050 18,768