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REGISTERED NUMBER: 11847836 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

STARDUST 2909 LTD

STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STARDUST 2909 LTD

COMPANY INFORMATION
for the Year Ended 29th February 2024







Director: Mrs F A Abbasali





Registered office: Granville Court
169 Upperchorlton Road
Manchester
Greater Manchester
M16 9RA





Registered number: 11847836 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)

BALANCE SHEET
29th February 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investment property 4 3,179,305 2,207,995

Current assets
Debtors 5 267,909 317,006
Cash at bank 14,680 15,458
282,589 332,464
Creditors
Amounts falling due within one year 6 192,170 127,764
Net current assets 90,419 204,700
Total assets less current liabilities 3,269,724 2,412,695

Creditors
Amounts falling due after more than one
year

7

(2,647,833

)

(1,877,170

)

Provisions for liabilities (121,162 ) (74,284 )
Net assets 500,729 461,241

Capital and reserves
Called up share capital 8 100 100
Fair value reserves 363,485 316,686
Retained earnings 137,144 144,455
Shareholders' funds 500,729 461,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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.

STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)

BALANCE SHEET - continued
29th February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8th October 2024 and were signed by:





Mrs F A Abbasali - Director


STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29th February 2024

1. Statutory information

Stardust 2909 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. Employees and directors

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

STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29th February 2024

4. Investment property
Total
£   
Fair value
At 1st March 2023 2,207,995
Additions 877,633
Revaluations 93,677
At 29th February 2024 3,179,305
Net book value
At 29th February 2024 3,179,305
At 28th February 2023 2,207,995

Fair value at 29th February 2024 is represented by:
£   
Valuation in 2021 47,968
Valuation in 2022 266,228
Valuation in 2023 76,775
Valuation in 2024 93,677
Cost 2,694,657
3,179,305

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 160,623 195,579
Private loan 68,281 121,427
Deferred chg- loan arrange fee 39,005 -
267,909 317,006

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors - 6,845
Tax - 8,931
Other creditors 191,270 111,088
Accrued expenses 900 900
192,170 127,764

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 1,903,478 904,948
Directors Loan A/C 734,268 903,885
Private Loan 10,087 68,337
2,647,833 1,877,170

STARDUST 2909 LTD (REGISTERED NUMBER: 11847836)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29th February 2024

8. Called up share capital

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