1 March 2023 false No description of principal activity Taxfiler 2024.6 13170866business:PrivateLimitedCompanyLtd2023-03-012024-02-29 131708662023-02-28 131708662023-03-012024-02-29 13170866business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 13170866business:FilletedAccounts2023-03-012024-02-29 131708662024-02-29 13170866business:Director12023-03-012024-02-29 13170866business:RegisteredOffice2023-03-012024-02-29 131708662023-02-28 13170866core:WithinOneYear2024-02-29 13170866core:WithinOneYear2023-02-28 13170866core:AfterOneYear2024-02-29 13170866core:AfterOneYear2023-02-28 13170866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 13170866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13170866core:PreviouslyStatedAmount2024-02-29 13170866core:PreviouslyStatedAmount2023-02-28 13170866business:SmallEntities2023-03-012024-02-29 13170866countries:EnglandWales2023-03-012024-02-29 13170866core:IntangibleAssetsOtherThanGoodwill2023-02-28 13170866core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-29 13170866core:IntangibleAssetsOtherThanGoodwill2024-02-29 13170866core:LandBuildings2023-02-28 13170866core:LandBuildings2023-03-012024-02-29 13170866core:LandBuildings2024-02-29 131708662022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13170866 (England and Wales)
MD Star Ltd Unaudited accounts for the year ended 29 February 2024
MD Star Ltd Unaudited accounts Contents
Page
- 2 -
MD Star Ltd Company Information for the year ended 29 February 2024
Director
Richard Plasek
Company Number
13170866 (England and Wales)
Registered Office
72 GREAT SUFFOLK STREET LONDON SE1 0BL ENGLAND
Accountants
Xeinadin 8th Floor, Becket House 36 Old Jewry London EC2R 8DD
- 3 -
MD Star Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
10,000,000 
Tangible assets
2,436,910 
1,911,323 
2,436,910 
11,911,323 
Current assets
Debtors
8,081 
27,586 
Cash at bank and in hand
10,100 
60 
18,181 
27,646 
Creditors: amounts falling due within one year
(28,021)
(60,701)
Net current liabilities
(9,840)
(33,055)
Total assets less current liabilities
2,427,070 
11,878,268 
Creditors: amounts falling due after more than one year
(2,696,776)
(12,011,776)
Net liabilities
(269,706)
(133,508)
Capital and reserves
Profit and loss account
(269,706)
(133,508)
Shareholders' funds
(269,706)
(133,508)
For the year ending 29 February 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 15 November 2024 and were signed on its behalf by
Richard Plasek Director Company Registration No. 13170866
- 4 -
MD Star Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
MD Star Ltd is a private company, limited by shares, registered in England and Wales, registration number 13170866. The registered office is 72 GREAT SUFFOLK STREET, LONDON, SE1 0BL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
10,000,000 
Disposals
(10,000,000)
At 29 February 2024
- 
Amortisation
At 1 March 2023
- 
At 29 February 2024
- 
Net book value
At 29 February 2024
- 
At 28 February 2023
10,000,000 
- 5 -
MD Star Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,039,307 
Additions
660,581 
At 29 February 2024
2,699,888 
Depreciation
At 1 March 2023
127,984 
Charge for the year
134,994 
At 29 February 2024
262,978 
Net book value
At 29 February 2024
2,436,910 
At 28 February 2023
1,911,323 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
8,081 
27,586 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
28,021 
60,701 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
2,696,776 
12,011,776 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -