4 false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2024 - FRS102_2024 16,338 14,943 896 15,839 499 1,395 xbrli:pure xbrli:shares iso4217:GBP 10096640 2023-05-01 2024-04-30 10096640 2024-04-30 10096640 2023-04-30 10096640 2022-05-01 2023-04-30 10096640 2023-04-30 10096640 2022-04-30 10096640 bus:Director1 2023-05-01 2024-04-30 10096640 core:WithinOneYear 2024-04-30 10096640 core:WithinOneYear 2023-04-30 10096640 core:AfterOneYear 2024-04-30 10096640 core:AfterOneYear 2023-04-30 10096640 core:ShareCapital 2024-04-30 10096640 core:ShareCapital 2023-04-30 10096640 core:RetainedEarningsAccumulatedLosses 2024-04-30 10096640 core:RetainedEarningsAccumulatedLosses 2023-04-30 10096640 bus:Director1 2023-04-30 10096640 bus:Director1 2022-04-30 10096640 bus:SmallEntities 2023-05-01 2024-04-30 10096640 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10096640 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10096640 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10096640 bus:FullAccounts 2023-05-01 2024-04-30 10096640 core:OfficeEquipment 2023-05-01 2024-04-30 10096640 core:OfficeEquipment 2024-04-30 10096640 core:OfficeEquipment 2023-04-30
COMPANY REGISTRATION NUMBER: 10096640
Stella Bright Ltd
Filleted Unaudited Reports and Accounts
30 April 2024
Stella Bright Ltd
Statement of Financial Position
30 April 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
499
1,395
Current assets
Debtors
6
124,437
144,497
Cash at bank and in hand
25,618
5,971
---------
---------
150,055
150,468
Creditors: amounts falling due within one year
7
94,191
82,417
---------
---------
Net current assets
55,864
68,051
--------
--------
Total assets less current liabilities
56,363
69,446
Creditors: amounts falling due after more than one year
8
12,438
22,388
--------
--------
Net assets
43,925
47,058
--------
--------
Capital and reserves
Called up share capital
1
1
Profit and loss account
43,924
47,057
--------
--------
Shareholders funds
43,925
47,058
--------
--------
These Reports and Accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its Reports and Accounts for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of Reports and Accounts .
Stella Bright Ltd
Statement of Financial Position (continued)
30 April 2024
These Reports and Accounts were approved by the board of directors and authorised for issue on 20 January 2025 , and are signed on behalf of the board by:
Miss S Bright
Director
Company registration number: 10096640
Stella Bright Ltd
Notes to the Reports and Accounts
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Earlsfield Business Centre, 9 Lydden Road, London, SW18 4LT.
2. Statement of compliance
These Reports and Accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The Reports and Accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The Reports and Accounts are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Corporation tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 4 ).
5. Tangible assets
Equipment
£
Cost
At 1 May 2023 and 30 April 2024
16,338
--------
Depreciation
At 1 May 2023
14,943
Charge for the year
896
--------
At 30 April 2024
15,839
--------
Carrying amount
At 30 April 2024
499
--------
At 30 April 2023
1,395
--------
6. Debtors
2024
2023
£
£
Trade debtors
95,759
106,505
Other debtors
28,678
37,992
---------
---------
124,437
144,497
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,000
10,000
Corporation tax
48,441
41,849
Social security and other taxes
33,053
27,379
Other creditors
2,697
3,189
--------
--------
94,191
82,417
--------
--------
8. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
12,438
22,388
--------
--------
9. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
Balance brought forward and outstanding
2024
2023
£
£
Miss S Bright
9,947
9,128
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