STAR INTERNATIONAL DEVELOPMENTS LTD
Registered number: 07505481
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Stocks 40,860 -
Debtors 3 709,376 777,272
Cash at bank and in hand 152,952 287,118
903,188 1,064,390
Creditors: amounts falling due within one year 4 (41,706) (197,004)
Net current assets 861,482 867,386
Total assets less current liabilities 861,482 867,386
Creditors: amounts falling due after more than one year 5 (819,077) (826,650)
Net assets 42,405 40,736
Capital and reserves
Called up share capital 1 1
Profit and loss account 42,404 40,735
Shareholder's funds 42,405 40,736
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Gajraj Singh Rathore
Director
Approved by the board on 22 November 2024
STAR INTERNATIONAL DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Trade debtors 351,465 421,965
Amounts owed by group undertakings and undertakings in which the company has a participating interest 353,662 348,662
Other debtors 4,249 6,645
709,376 777,272
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,711 108,168
Corporation tax 1,937 3,184
Other creditors 36,058 85,652
41,706 197,004
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 19,077 26,650
Other creditors 800,000 800,000
819,077 826,650
6 Other information
STAR INTERNATIONAL DEVELOPMENTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 6
Betam Road, Hayes
London
Middlesex
UB3 1SS
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