Company Registration No. 08589807 (England and Wales)
Coverstar Experiences Ltd
Unaudited accounts
for the year ended 31 March 2024
Coverstar Experiences Ltd
Unaudited accounts
Contents
Coverstar Experiences Ltd
Company Information
for the year ended 31 March 2024
Company Number
08589807 (England and Wales)
Registered Office
24a Arrad Street
Liverpool
L7 7BP
Accountants
Barnes Cooper Ltd
Offices 3 & 4 The Meadows
Church Road
Dodleston
Chester
CH4 9NG
Coverstar Experiences Ltd
Statement of financial position
as at 31 March 2024
Intangible assets
1,500
1,500
Tangible assets
6,261
6,519
Cash at bank and in hand
51,996
55,118
Creditors: amounts falling due within one year
(14,070)
(11,831)
Net current assets
48,358
52,753
Called up share capital
1
1
Profit and loss account
56,118
60,771
Shareholders' funds
56,119
60,772
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2024 and were signed on its behalf by
M Croft
Director
Company Registration No. 08589807
Coverstar Experiences Ltd
Notes to the Accounts
for the year ended 31 March 2024
Coverstar Experiences Ltd is a private company, limited by shares, registered in England and Wales, registration number 08589807. The registered office is 24a Arrad Street, Liverpool, L7 7BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Coverstar Experiences Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
18,463
356
18,819
At 31 March 2024
18,960
1,688
20,648
At 1 April 2023
12,211
89
12,300
Charge for the year
1,687
400
2,087
At 31 March 2024
13,898
489
14,387
At 31 March 2024
5,062
1,199
6,261
At 31 March 2023
6,252
267
6,519
Amounts falling due within one year
Amounts due from group undertakings etc.
7,632
3,235
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,390
5,185
Loans from directors
4,081
202
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).