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Company Registration No. 11141199 (England and Wales)
STARRY INVESTMENTS GROUP LTD Unaudited accounts for the year ended 30 June 2023
STARRY INVESTMENTS GROUP LTD Unaudited accounts Contents
Page
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STARRY INVESTMENTS GROUP LTD Company Information for the year ended 30 June 2023
Directors
Ngo Ming Cheung Wing Kan Tang
Company Number
11141199 (England and Wales)
Registered Office
71-75 SHELTON STREET LONDON WC2H 9JQ ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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STARRY INVESTMENTS GROUP LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
4,565 
Tangible assets
236 
341 
Investment property
225,440 
218,515 
225,676 
223,421 
Current assets
Debtors
725 
- 
Cash at bank and in hand
12,166 
5,811 
12,891 
5,811 
Creditors: amounts falling due within one year
(244,387)
(241,917)
Net current liabilities
(231,496)
(236,106)
Net liabilities
(5,820)
(12,685)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(5,920)
(12,785)
Shareholders' funds
(5,820)
(12,685)
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 11 February 2024 and were signed on its behalf by
Ngo Ming Cheung Director Company Registration No. 11141199
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STARRY INVESTMENTS GROUP LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
STARRY INVESTMENTS GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11141199. The registered office is 71-75 SHELTON STREET, LONDON, WC2H 9JQ, ENGLAND.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
Despite the Company having net current liabilities, the Directors have reasonable expectation that the Company has adequate resources to continue for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the Financial Statements.
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STARRY INVESTMENTS GROUP LTD Notes to the Accounts for the year ended 30 June 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2022
22,828 
At 30 June 2023
22,828 
Amortisation
At 1 July 2022
18,263 
Charge for the year
4,565 
At 30 June 2023
22,828 
Net book value
At 30 June 2023
- 
At 30 June 2022
4,565 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
523 
At 30 June 2023
523 
Depreciation
At 1 July 2022
182 
Charge for the year
105 
At 30 June 2023
287 
Net book value
At 30 June 2023
236 
At 30 June 2022
341 
6
Investment property
2023 
£ 
Fair value at 1 July 2022
218,515 
Additions
6,925 
At 30 June 2023
225,440 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
725 
- 
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STARRY INVESTMENTS GROUP LTD Notes to the Accounts for the year ended 30 June 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,706 
1,605 
Loans from directors
241,322 
239,953 
Accruals
359 
359 
244,387 
241,917 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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