Company Registration No. 13028354 (England and Wales)
Grand Starlight Ltd
Unaudited accounts
for the year ended 30 November 2023
Grand Starlight Ltd
Unaudited accounts
Contents
Grand Starlight Ltd
Company Information
for the year ended 30 November 2023
Director
Peiyao Irene Chang
Company Number
13028354 (England and Wales)
Registered Office
Office 3
4a Nelson Road,
London
SE10 9JB
Accountants
Fortune UK Accountants Ltd
4a Nelson Road
London
GB
SE10 9JB
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Grand Starlight Ltd
for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Grand Starlight Ltd for the year ended
30 November 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Fortune UK Accountants Ltd
Chartered Certified Accountants
4a Nelson Road
London
GB
SE10 9JB
26 March 2024
Grand Starlight Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
24,812
30,258
Investment property
1,176,731
1,176,731
Creditors: amounts falling due within one year
(39,541)
(1,440)
Net current liabilities
(35,275)
(1,362)
Total assets less current liabilities
1,166,268
1,205,627
Creditors: amounts falling due after more than one year
(1,148,755)
(1,202,388)
Called up share capital
100
100
Profit and loss account
17,413
3,139
Shareholders' funds
17,513
3,239
For the year ending 30 November 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 26 March 2024 and were signed on its behalf by
Peiyao Irene Chang
Director
Company Registration No. 13028354
Grand Starlight Ltd
Notes to the Accounts
for the year ended 30 November 2023
Grand Starlight Ltd is a private company, limited by shares, registered in England and Wales, registration number 13028354. The registered office is Office 3, 4a Nelson Road, , London, SE10 9JB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
18% on reducing balance
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.
Grand Starlight Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings
At 30 November 2023
45,000
At 30 November 2023
20,188
At 30 November 2023
24,812
At 30 November 2022
30,258
Fair value at 1 December 2022
1,176,731
At 30 November 2023
1,176,731
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,551
-
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
1,148,755
1,202,388
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).