Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 6701252 Mr Naiyeem Bhaiyat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6701252 2022-11-30 6701252 2023-11-30 6701252 2022-12-01 2023-11-30 6701252 frs-core:CurrentFinancialInstruments 2023-11-30 6701252 frs-core:Non-currentFinancialInstruments 2023-11-30 6701252 frs-core:PlantMachinery 2023-11-30 6701252 frs-core:PlantMachinery 2022-12-01 2023-11-30 6701252 frs-core:PlantMachinery 2022-11-30 6701252 frs-core:ShareCapital 2023-11-30 6701252 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 6701252 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 6701252 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 6701252 frs-bus:SmallEntities 2022-12-01 2023-11-30 6701252 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 6701252 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 6701252 frs-bus:Director1 2022-12-01 2023-11-30 6701252 frs-countries:EnglandWales 2022-12-01 2023-11-30 6701252 2021-11-30 6701252 2022-11-30 6701252 2021-12-01 2022-11-30 6701252 frs-core:CurrentFinancialInstruments 2022-11-30 6701252 frs-core:Non-currentFinancialInstruments 2022-11-30 6701252 frs-core:ShareCapital 2022-11-30 6701252 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 6701252
Star Motors (Leicester) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 6701252
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,089 28,340
24,089 28,340
CURRENT ASSETS
Stocks 19,262 16,255
Debtors 5 9,176 5,630
Cash at bank and in hand 15,310 9,084
43,748 30,969
Creditors: Amounts Falling Due Within One Year 6 (46,582 ) (25,404 )
NET CURRENT ASSETS (LIABILITIES) (2,834 ) 5,565
TOTAL ASSETS LESS CURRENT LIABILITIES 21,255 33,905
Creditors: Amounts Falling Due After More Than One Year 7 (42,416 ) (49,722 )
NET LIABILITIES (21,161 ) (15,817 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (21,261 ) (15,917 )
SHAREHOLDERS' FUNDS (21,161) (15,817)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Naiyeem Bhaiyat
Director
15th August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Star Motors (Leicester) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6701252 . The registered office is 6 Broadway Road, Leicester, LE5 5TA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2023 2022
Office and administration 3 3
3 3
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2022 48,701
As at 30 November 2023 48,701
Depreciation
As at 1 December 2022 20,361
Provided during the period 4,251
As at 30 November 2023 24,612
Net Book Value
As at 30 November 2023 24,089
As at 1 December 2022 28,340
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 8,176 4,630
Other debtors 1,000 1,000
9,176 5,630
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 34,464 15,832
Bank loans and overdrafts 4,068 4,068
Other taxes and social security 5,546 3,442
Other creditors 2,504 2,062
46,582 25,404
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,719 21,059
Other creditors 24,697 28,663
42,416 49,722
Page 4