Registered number: 05901065 | ||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||
Prepared By: | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
Starglow Finance Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
S Grosz | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05901065 | ||||||||
BANKERS | ||||||||
Lloyds | ||||||||
ACCOUNTANTS | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
Starglow Finance Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/08/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Starglow Finance Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
505,736 | 487,408 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 327,756 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 27,500 | 37,500 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 184,482 | 315,818 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Starglow Finance Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/08/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | reducing balance 25% |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1d. Leases | ||||||||
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. |
Starglow Finance Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/09/2022 | 54,384 | 54,384 | ||
Additions | 6,529 | 6,529 | ||
At 31/08/2023 | 60,913 | 60,913 | ||
Depreciation | ||||
At 01/09/2022 | 28,722 | 28,722 | ||
For the year | 8,048 | 8,048 | ||
At 31/08/2023 | 36,770 | 36,770 | ||
Net Book Amounts | ||||
At 31/08/2023 | 24,143 | |||
At 31/08/2022 | 25,662 | |||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Amounts due from group companies | 494,948 | 474,725 | ||||||
494,948 | 474,725 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 298,484 | 157,226 | ||||||
Other creditors | 17,273 | 386 | ||||||
Accruals | 2,040 | 2,040 | ||||||
317,797 | 159,652 | |||||||
Starglow Finance Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 27,500 | 37,500 | ||||||
27,500 | 37,500 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
50 | 50 | |||||||
50 | 50 | |||||||
100 | 100 | |||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by Starglow Holdings Limited, company number 13695562, by virtue of the fact that it owns 100% of the company's issued and called up voting share capital. | ||||||||
The ultimate controlling party is E. Grosz, the director, by virtue of the fact that, together with his spouse, he holds 100% of the issued and called up share capital of Starglow Holdings Limited. | ||||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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