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REGISTERED NUMBER: 10041591 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

STARK JAMES LTD

STARK JAMES LTD (REGISTERED NUMBER: 10041591)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


STARK JAMES LTD

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTOR: Mr R J Stanton-Gleaves





SECRETARY: Mrs V Billingsley





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 10041591 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

STARK JAMES LTD (REGISTERED NUMBER: 10041591)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,422 6,633

CURRENT ASSETS
Debtors 93,477 47,206
Cash at bank 43,659 6,610
137,136 53,816
CREDITORS
Amounts falling due within one year 242,979 243,370
NET CURRENT LIABILITIES (105,843 ) (189,554 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(101,421

)

(182,921

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (101,422 ) (182,922 )
SHAREHOLDERS' FUNDS (101,421 ) (182,921 )

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 his 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.

STARK JAMES LTD (REGISTERED NUMBER: 10041591)

ABRIDGED BALANCE SHEET - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 September 2024 and were signed by:





Mr R J Stanton-Gleaves - Director


STARK JAMES LTD (REGISTERED NUMBER: 10041591)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Stark James Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

STARK JAMES LTD (REGISTERED NUMBER: 10041591)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 25,345
DEPRECIATION
At 1 January 2023 18,712
Charge for year 2,211
At 31 December 2023 20,923
NET BOOK VALUE
At 31 December 2023 4,422
At 31 December 2022 6,633

5. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption as per paragraph 33.1A of FRS 102 Related Party Disclosure, not to disclose related party transaction with wholly owned subsidiaries within the group.

Included within trade debtors, is a balance amounting to £64,000 (2022: £18,000) owed by SG Rayner Homes Limited and £437 (2022: £2,427) owed by Black Opal Travel Group Limited, a company connected by virtue of common control.

During the year, the company invoiced fees of £336,771 (2022: £108,000) to SG Rayner Homes Limited and £364 (2022: nil) to Black Opal Travel Group Limited.

6. AUDIT EXEMPTION PROVIDED TO CERTAIN SUBSIDIARY UNDERTAKINGS

The Company has been provided with guarantees by its holding company over their debts in accordance with Section 479(C) of Companies Act 2006 allowing them to claim an exemption from an audit in accordance with 479(A) of Companies Act 2006. These guarantees cover all of the outstanding actual and contingent liabilities as at 31 December 2023.