Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13240060 Mihail Bercaru Marian Dumitriu Daniel Dumitriu Marian Dumitriu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13240060 2023-03-31 13240060 2024-03-31 13240060 2023-04-01 2024-03-31 13240060 frs-core:CurrentFinancialInstruments 2024-03-31 13240060 frs-core:Non-currentFinancialInstruments 2024-03-31 13240060 frs-core:ComputerEquipment 2024-03-31 13240060 frs-core:ComputerEquipment 2023-04-01 2024-03-31 13240060 frs-core:ComputerEquipment 2023-03-31 13240060 frs-core:PlantMachinery 2024-03-31 13240060 frs-core:PlantMachinery 2023-04-01 2024-03-31 13240060 frs-core:PlantMachinery 2023-03-31 13240060 frs-core:ShareCapital 2024-03-31 13240060 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13240060 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13240060 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13240060 frs-bus:SmallEntities 2023-04-01 2024-03-31 13240060 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13240060 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13240060 frs-bus:Director1 2023-04-01 2024-03-31 13240060 frs-bus:Director2 2023-04-01 2024-03-31 13240060 frs-bus:Director3 2023-04-01 2024-03-31 13240060 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 13240060 frs-countries:EnglandWales 2023-04-01 2024-03-31 13240060 2022-03-31 13240060 2023-03-31 13240060 2022-04-01 2023-03-31 13240060 frs-core:CurrentFinancialInstruments 2023-03-31 13240060 frs-core:Non-currentFinancialInstruments 2023-03-31 13240060 frs-core:ShareCapital 2023-03-31 13240060 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13240060
STAR METAL FABRICATION LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Wizz Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13240060
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,294 15,206
16,294 15,206
CURRENT ASSETS
Debtors 5 65,278 27,886
Cash at bank and in hand - 15,308
65,278 43,194
Creditors: Amounts Falling Due Within One Year 6 (60,185 ) (103,112 )
NET CURRENT ASSETS (LIABILITIES) 5,093 (59,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,387 (44,712 )
Creditors: Amounts Falling Due After More Than One Year 7 (8,120 ) -
NET ASSETS/(LIABILITIES) 13,267 (44,712 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 13,167 (44,812 )
SHAREHOLDERS' FUNDS 13,267 (44,712)
Page 1
Page 2
For the year ending 31 March 2024 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.
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
Marian Dumitriu
Director
20 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 METAL FABRICATION LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13240060 . The registered office is 128 City Road, London, EC1V 2NX.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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 4 years
Computer Equipment 3 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 26,523 14,328 40,851
Additions 11,631 - 11,631
As at 31 March 2024 38,154 14,328 52,482
Depreciation
As at 1 April 2023 12,321 13,324 25,645
Provided during the period 9,539 1,004 10,543
As at 31 March 2024 21,860 14,328 36,188
Net Book Value
As at 31 March 2024 16,294 - 16,294
As at 1 April 2023 14,202 1,004 15,206
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 65,183 18,457
Other debtors 95 9,429
65,278 27,886
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 948 4,229
Bank loans and overdrafts 11,257 6,250
Other creditors 42,869 86,678
Taxation and social security 5,111 5,955
60,185 103,112
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,120 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4