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REGISTERED NUMBER: 03067873 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

LIONSTAR ENGINEERS LTD

LIONSTAR ENGINEERS LTD (REGISTERED NUMBER: 03067873)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIONSTAR ENGINEERS LTD

COMPANY INFORMATION
For The Year Ended 30 June 2024







DIRECTOR: Mr R Long





SECRETARY: Mr T G Goodwin





REGISTERED OFFICE: 14 Highbury Grove
Clapham
Bedford
Bedfordshire
MK41 6DS





REGISTERED NUMBER: 03067873 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

LIONSTAR ENGINEERS LTD (REGISTERED NUMBER: 03067873)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 3,870

CURRENT ASSETS
Cash at bank - 7,308

CREDITORS
Amounts falling due within one year 5 364 6,912
NET CURRENT (LIABILITIES)/ASSETS (364 ) 396
TOTAL ASSETS LESS CURRENT LIABILITIES (364 ) 4,266

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (464 ) 4,166
SHAREHOLDERS' FUNDS (364 ) 4,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2024 and were signed by:





Mr R Long - Director


LIONSTAR ENGINEERS LTD (REGISTERED NUMBER: 03067873)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 June 2024


1. STATUTORY INFORMATION

Lionstar Engineers 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.

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 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Going concern
The financial statements have not been prepared on a going concern basis the balance sheet displayed a negative amount owed to the director at the balance sheet date. The company has ceased trading due to insufficient contracts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

LIONSTAR ENGINEERS LTD (REGISTERED NUMBER: 03067873)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 2,881 13,495 7,170 23,546
Disposals (2,881 ) (13,495 ) (7,170 ) (23,546 )
At 30 June 2024 - - - -
DEPRECIATION
At 1 July 2023 2,878 10,293 6,505 19,676
Eliminated on disposal (2,878 ) (10,293 ) (6,505 ) (19,676 )
At 30 June 2024 - - - -
NET BOOK VALUE
At 30 June 2024 - - - -
At 30 June 2023 3 3,202 665 3,870

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 1,959
Trade creditors - 38
Corporation tax - 6
VAT - 1,168
Other creditors - 145
Directors' loan accounts 364 2,936
Accrued expenses - 660
364 6,912

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 1,959

In the prior year the bank loan was secured against assets of the company.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

LIONSTAR ENGINEERS LTD (REGISTERED NUMBER: 03067873)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 June 2024


8. ULTIMATE CONTROLLING PARTY

The director Mr R Long holds 80% of the issued share capital of the company.