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REGISTERED NUMBER: 08335164 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Six Star Insulation Limited

Six Star Insulation Limited (Registered number: 08335164)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Six Star Insulation Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Miss N J Rush





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 08335164 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Six Star Insulation Limited (Registered number: 08335164)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,641 26,994

CURRENT ASSETS
Debtors 5 180,489 77,740
Cash at bank 83,594 11,603
264,083 89,343
CREDITORS
Amounts falling due within one year 6 121,357 60,260
NET CURRENT ASSETS 142,726 29,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,367

56,077

CREDITORS
Amounts falling due after more than one year 7 22,962 32,962
NET ASSETS 167,405 23,115

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 167,404 23,114
SHAREHOLDERS' FUNDS 167,405 23,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2024 and were signed by:




Miss N J Rush - Director


Six Star Insulation Limited (Registered number: 08335164)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Six Star Insulation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2022 - 18 ) .

Six Star Insulation Limited (Registered number: 08335164)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 40,853 522 41,375
Additions 48,199 2,179 50,378
Disposals (13,583 ) - (13,583 )
At 31 December 2023 75,469 2,701 78,170
DEPRECIATION
At 1 January 2023 14,092 289 14,381
Charge for year 15,344 804 16,148
At 31 December 2023 29,436 1,093 30,529
NET BOOK VALUE
At 31 December 2023 46,033 1,608 47,641
At 31 December 2022 26,761 233 26,994

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 95,254 61,234
Other debtors 10,000 -
Directors' loan accounts - 5,623
Tax 48,000 -
VAT 25,918 6,933
Prepayments 1,317 3,950
180,489 77,740

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 60,844 41,114
Tax 52,937 999
Social security and other taxes 1 17,547
Accrued expenses 7,575 600
121,357 60,260

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 22,962 32,962

8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.