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REGISTERED NUMBER: 11170638 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rising Star Dreams Limited

Rising Star Dreams Limited (Registered number: 11170638)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rising Star Dreams Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A J Akinpitansoye
C Parker
C White





SECRETARY:





REGISTERED OFFICE: Suite 3 Falcon Court Business Centre
College Road
Maidstone
Kent
ME15 6TF





REGISTERED NUMBER: 11170638 (England and Wales)





ACCOUNTANTS: Taxpoint Direct Limited
Chartered Certified Accountants &Tax Consultants
310E Sterling House
Langston Road
Loughton
IG10 3TS

Rising Star Dreams Limited (Registered number: 11170638)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 217 289
Investment property 5 551,701 551,701
551,918 551,990

CURRENT ASSETS
Investments 6 110,021 110,021
Cash at bank and in hand 10,184 4,738
120,205 114,759
CREDITORS
Amounts falling due within one year 7 650,425 650,964
NET CURRENT LIABILITIES (530,220 ) (536,205 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,698

15,785

CREDITORS
Amounts falling due after more than one
year

8

37,457

42,920
NET LIABILITIES (15,759 ) (27,135 )

CAPITAL AND RESERVES
Called up share capital 9 900 900
Fair value reserve 10 (4,441 ) (4,441 )
Retained earnings 10 (12,218 ) (23,594 )
SHAREHOLDERS' FUNDS (15,759 ) (27,135 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Rising Star Dreams Limited (Registered number: 11170638)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





C White - Director


Rising Star Dreams Limited (Registered number: 11170638)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Rising Star Dreams Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 2,250
DEPRECIATION
At 1 April 2023 1,961
Charge for year 72
At 31 March 2024 2,033
NET BOOK VALUE
At 31 March 2024 217
At 31 March 2023 289

Rising Star Dreams Limited (Registered number: 11170638)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 551,701
NET BOOK VALUE
At 31 March 2024 551,701
At 31 March 2023 551,701

6. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Unlisted investments 110,021 110,021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 434,239 434,239
Trade creditors - (1 )
Amounts owed to group undertakings 172,589 172,589
Directors' current accounts 43,177 43,177
Accrued expenses 420 960
650,425 650,964

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 37,457 42,920

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
900 ordinary Share Capital £1 900 900

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 (23,594 ) (4,441 ) (28,035 )
Profit for the year 11,376 11,376
At 31 March 2024 (12,218 ) (4,441 ) (16,659 )