Company Registration No. 09803766 (England and Wales)
Stars Proinvest Limited
Unaudited accounts
for the year ended 31 October 2023
Stars Proinvest Limited
Unaudited accounts
Contents
Stars Proinvest Limited
Company Information
for the year ended 31 October 2023
Directors
Himanshu Pullan
Darshini Pullan
Company Number
09803766 (England and Wales)
Registered Office
61 ORCHARD GATE
GREENFORD
UB6 0QL
ENGLAND
Accountants
Gor Accountants Limited
168 Long Elmes
Harrow
Middlesex
HA3 5JZ
Stars Proinvest Limited
Statement of financial position
as at 31 October 2023
Inventories
617,730
617,730
Cash at bank and in hand
23,653
20,616
Creditors: amounts falling due within one year
(184,437)
(295,873)
Net current assets
467,793
349,338
Total assets less current liabilities
467,793
349,338
Creditors: amounts falling due after more than one year
(544,936)
(425,500)
Net liabilities
(77,143)
(76,162)
Called up share capital
100
100
Profit and loss account
(77,243)
(76,262)
Shareholders' funds
(77,143)
(76,162)
For the year ending 31 October 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 25 July 2024 and were signed on its behalf by
Himanshu Pullan
Director
Company Registration No. 09803766
Stars Proinvest Limited
Notes to the Accounts
for the year ended 31 October 2023
Stars Proinvest Limited is a private company, limited by shares, registered in England and Wales, registration number 09803766. The registered office is 61 ORCHARD GATE, GREENFORD, UB6 0QL, 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.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
Accrued income and prepayments
3,982
-
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,404
15,156
Other creditors
3,737
3,737
Loans from directors
127,316
250,133
Deferred income
33,183
26,050
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
544,936
425,500
Stars Proinvest Limited
Notes to the Accounts
for the year ended 31 October 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
During the year the company paid management charges of £5200 to Mr H Pullan who is a director and shareholder of the company.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).