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Registered number: 10691245

Star Rock Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Star Rock Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Cyprian Akojie
REGISTERED OFFICE
475 London Road
Cheam
Sutton
SM3 8JW
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10691245
BANKERS
Barclays
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Star Rock Ltd

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

Star Rock Ltd

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3535,000533,000
CURRENT ASSETS
Debtors53,90530
Cash at bank and in hand5882,812
4,4932,842
CREDITORS: Amounts falling due within one year625,95319,973
NET CURRENT LIABILITIES(21,460)(17,131)
TOTAL ASSETS LESS CURRENT LIABILITIES513,540515,869
CREDITORS: Amounts falling due after more than one year7429,228444,640
PROVISIONS FOR LIABILITIES AND CHARGES95,0444,664
NET ASSETS79,26866,565
CAPITAL AND RESERVES
Called up share capital10100100
Profit and loss account79,16866,465
SHAREHOLDERS' FUNDS79,26866,565
For the year ending 31/03/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/12/2024 and signed on their behalf by
Cyprian Akojie
Director

Star Rock Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 20%
1c. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the FRS 102 Section 1A. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.
1e. Turnover
Turnover represents the value rents receivable to the company.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

Star Rock Ltd

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/04/20233,4003,400
At 31/03/20243,4003,400
Depreciation
At 01/04/20233,4003,400
At 31/03/20243,4003,400
Net Book Amounts
At 31/03/2024--
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/2023533,000533,000
Revaluation2,0002,000
At 31/03/2024535,000535,000
The investment properties were valued by the director at the year end based on conservative current selling prices of similar properties in the same location.
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors3,90530
3,90530

Star Rock Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax9,2387,369
PAYE control479-
Directors current account8,0125,266
Bank Loan1,4121,412
Trade creditors1,000876
Accruals1,9621,200
Deferred income3,8503,850
25,95319,973
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr1,6473,059
Bank loans (secured)355,581355,581
Directors loans72,00086,000
429,228444,640
8. SECURED CREDITORS
20242023
££
Amount of bank loans and overdrafts which are secured355,581355,581
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation5,0444,664
5,0444,664

Star Rock Ltd

10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100