ALL STAR (UK) LIMITED

Company Registration Number:
SC259461 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

ALL STAR (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes

ALL STAR (UK) LIMITED

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 887,303 596,194
Investments: 4 2,979,091 1,501,611
Total fixed assets: 3,866,394 2,097,805
Current assets
Debtors: 5 1,607,689 2,991,169
Cash at bank and in hand: 3,875
Total current assets: 1,607,689 2,995,044
Creditors: amounts falling due within one year: 6 ( 312,506 ) ( 445,204 )
Net current assets (liabilities): 1,295,183 2,549,840
Total assets less current liabilities: 5,161,577 4,647,645
Creditors: amounts falling due after more than one year: 7 ( 1,713,644 ) ( 1,563,339 )
Provision for liabilities: ( 27,881 ) ( 24,751 )
Total net assets (liabilities): 3,420,052 3,059,555
Capital and reserves
Called up share capital: 3 3
Other reserves: 313,543
Profit and loss account: 3,106,506 3,059,552
Total Shareholders' funds: 3,420,052 3,059,555

The notes form part of these financial statements

ALL STAR (UK) LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 21 August 2024
and signed on behalf of the board by:

Name: Mr A J McLean
Status: Director

The notes form part of these financial statements

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Land and buildings not depreciated Fixtures, fittings & equipment 25% reducing balance Motor vehicles 25% reducing balanc

    Valuation information and policy

    Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 506,457 4,159 293,240 803,856
Additions
Disposals
Revaluations 313,543 313,543
Transfers
At 31 October 2023 820,000 4,159 293,240 1,117,399
Depreciation
At 1 November 2022 4,094 203,568 207,662
Charge for year 16 22,418 22,434
On disposals
Other adjustments
At 31 October 2023 4,110 225,986 230,096
Net book value
At 31 October 2023 820,000 49 67,254 887,303
At 31 October 2022 506,457 65 89,672 596,194

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Fixed assets investments note

The total amount of investments in subsidiaries at 31 October 2023 was £2,979,091 (2022 - £1,501,611).

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

2023 2022
£ £
Other debtors 1,607,689 2,991,169
Total 1,607,689 2,991,169

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 37,952 241,539
Amounts due under finance leases and hire purchase contracts 9,324 9,324
Taxation and social security 75,864 109,320
Accruals and deferred income 4,468 3,482
Other creditors 184,898 81,539
Total 312,506 445,204

ALL STAR (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 1,668,000 1,497,723
Amounts due under finance leases and hire purchase contracts 27,195 36,519
Other creditors 18,449 29,097
Total 1,713,644 1,563,339