BrightAccountsProduction v1.0.0 v1.0.0 2023-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is to carry on business as an investment company. 27 August 2024 0 0 NI644935 2023-12-31 NI644935 2022-12-31 NI644935 2021-12-31 NI644935 2023-01-01 2023-12-31 NI644935 2022-01-01 2022-12-31 NI644935 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI644935 uk-curr:PoundSterling 2023-01-01 2023-12-31 NI644935 uk-bus:AbridgedAccounts 2023-01-01 2023-12-31 NI644935 uk-core:ShareCapital 2023-12-31 NI644935 uk-core:ShareCapital 2022-12-31 NI644935 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI644935 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI644935 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI644935 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-12-31 NI644935 uk-core:RestatedAmount uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI644935 uk-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 NI644935 uk-bus:FRS102 2023-01-01 2023-12-31 NI644935 uk-core:ParentEntities 2023-01-01 2023-12-31 NI644935 uk-core:UltimateParent 2023-01-01 2023-12-31 NI644935 2023-01-01 2023-12-31 NI644935 uk-bus:Director1 2023-01-01 2023-12-31 NI644935 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Castle Star Property Holdings Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2023



Castle Star Property Holdings Limited
DIRECTOR'S REPORT
for the financial year ended 31 December 2023

 
The director presents his report and the unaudited financial statements for the financial year ended 31 December 2023.
 
Principal Activity
The principal activity of the company is to carry on business as an investment company.
     
Director
The director who served during the financial year is as follows:
     
Ronan Barrett
   
There were no changes in shareholdings between 31 December 2023 and the date of signing the financial statements.
     
In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.
     
Political Contributions
The company did not make any disclosable political donations in the current financial year.
     
Statement of director's Responsibilities and Declaration on Unaudited Financial Statements
     
The director made the following statement in respect of the unaudited financial statements:
     
"General responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
     
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:
- select suitable accounting policies and apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
     
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
     
Director's declaration on unaudited financial statements
In relation to the financial statements comprising the Abridged Profit and Loss Account, the Abridged Balance Sheet, the Reconciliation of Shareholders' Funds and the related notes:
     
The director approves these financial statements and confirms that he is responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.
     
The director confirms that he has made available to Murphy Mahony Limited, (Certified Public Accountants), all the company's accounting records and provided all the information, books and documents necessary for the compilation of the financial statements.
     
The director confirms that to the best of his knowledge and belief, the accounting records reflect all the transactions of the company for the financial year ended 31 December 2023."
     
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
     
     
On behalf of the board
     
     
     
___________________________
Ronan Barrett
Director
     
27 August 2024



Castle Star Property Holdings Limited
ABRIDGED PROFIT AND LOSS ACCOUNT
for the financial year ended 31 December 2023
2023 2022
Notes £ £

 
Administrative expenses (1,860) (2,452)
───────── ─────────
Loss before taxation (1,860) (2,452)
 
Tax on loss - -
───────── ─────────
Loss for the financial year (1,860) (2,452)
    ═════════   ═════════



Castle Star Property Holdings Limited
Company Registration Number: NI644935
ABRIDGED BALANCE SHEET
as at 31 December 2023

2023 2022
Notes £ £
 
Current Assets
Stocks 86,376 86,376
Debtors 2 2
───────── ─────────
86,378 86,378
───────── ─────────
Creditors: amounts falling due within one year (98,857) (96,997)
───────── ─────────
Net Current Liabilities (12,479) (10,619)
───────── ─────────
Total Assets less Current Liabilities (12,479) (10,619)
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings (12,481) (10,621)
───────── ─────────
Equity attributable to owners of the company (12,479) (10,619)
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 27 August 2024
           
           
           
________________________________          
Ronan Barrett          
Director          
           



Castle Star Property Holdings Limited
RECONCILIATION OF SHAREHOLDERS' FUNDS
as at 31 December 2023

Called up Retained Total
share earnings
capital
£ £ £
 
At 1 January 2022 2 (8,169) (8,167)
───────── ───────── ─────────
Loss for the financial year - (2,452) (2,452)
───────── ───────── ─────────
At 31 December 2022 2 (10,621) (10,619)
  ───────── ───────── ─────────
Loss for the financial year - (1,860) (1,860)
  ───────── ───────── ─────────
At 31 December 2023 2 (12,481) (12,479)
  ═════════ ═════════ ═════════



Castle Star Property Holdings Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2023

   
1. General Information
 
Castle Star Property Holdings Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 93 Derry Road, Strabane Tyrone, BT82 8LD which is also the principal place of business of the company. The nature of the company operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 December 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Related parties
For the purposes of these financial statements a party is considered to be related to the company if:
 
- the party has the ability, directly or indirectly, through one or more intermediaries to control the company or exercise significant influence over the company in making financial and operating policy decisions or has joint control over the company;
- the company and the party are subject to common control;
- the party is an associate of the company or forms part of a joint venture with the company;
- the party is a member of key management personnel of the company or the company's parent, or a close family member of such as an individual, or is an entity under the control, joint control or significant influence of such individuals;
- the party is a close family member of a party referred to above or is an entity under the control or significant influence of such individuals; or
- the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company.
 
Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the company.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 
The directors have a reasonable expectation that the Company can access adequate resources to continue in operational existence for the foreseeable future and confirm to the best of their knowledge that they are not aware of any uncertainties as to the Company‘s ability to continue as a going concern. For these reasons, the directors continue to adopt a going concern basis in preparing the financial statements.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 0. (2022: 0).
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2023.
   
6. Contingent liabilities
 
There were no contingent liabilities requiring disclosure in the financial statements at the year-ended 31 December 2023.
   
7. Parent and ultimate parent company
 
The company regards Castlestar Venture Holdings Limited as its parent company.
 
The companys ultimate parent undertaking is Réalta Venture Holdings Limited.
The address of Réalta Venture Holdings Limited is 8-10 Rockhill Blackrock Co Dublin.
 
   
8. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.