Company Registration No. SC278272 (Scotland)
Starvale Limited
Unaudited accounts
for the year ended 30 November 2024
Starvale Limited
Unaudited accounts
Contents
Starvale Limited
Company Information
for the year ended 30 November 2024
Directors
Murray Georgeson
Tracey Georgeson
Company Number
SC278272 (Scotland)
Registered Office
24-26 SHORE
EDINBURGH
EH6 6QN
SCOTLAND
Accountants
Oak Team Associates Limited
272 Bath Street
Glasgow
G2 4JR
Starvale Limited
Statement of financial position
as at 30 November 2024
Intangible assets
14,000
15,000
Tangible assets
795,841
766,367
Cash at bank and in hand
60,687
15,885
Creditors: amounts falling due within one year
(182,872)
(171,196)
Net current liabilities
(111,757)
(135,633)
Total assets less current liabilities
698,084
645,734
Creditors: amounts falling due after more than one year
(497,993)
(455,557)
Net assets
200,091
190,177
Called up share capital
12
12
Profit and loss account
200,079
190,165
Shareholders' funds
200,091
190,177
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Murray Georgeson
Director
Company Registration No. SC278272
Starvale Limited
Notes to the Accounts
for the year ended 30 November 2024
Starvale Limited is a private company, limited by shares, registered in Scotland, registration number SC278272. The registered office is 24-26 SHORE, EDINBURGH, EH6 6QN, SCOTLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2024
25,000
At 30 November 2024
11,000
At 30 November 2024
14,000
At 30 November 2023
15,000
Starvale Limited
Notes to the Accounts
for the year ended 30 November 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
650,701
22,954
86,619
111,817
872,091
Additions
-
-
99,560
-
99,560
Disposals
-
11,735
(33,500)
-
(21,765)
At 30 November 2024
650,701
34,689
152,679
111,817
949,886
At 1 December 2023
-
4,591
50,241
50,892
105,724
Charge for the year
-
6,938
30,536
22,363
59,837
On disposals
-
-
(11,516)
-
(11,516)
At 30 November 2024
-
11,529
69,261
73,255
154,045
At 30 November 2024
650,701
23,160
83,418
38,562
795,841
At 30 November 2023
650,701
18,363
36,378
60,925
766,367
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,498
-
Trade creditors
63,817
37,380
Taxes and social security
19,592
28,962
Other creditors
540
11,593
Loans from directors
38,759
45,259
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
428,824
441,609
Obligations under finance leases and hire purchase contracts
69,169
13,948
9
Average number of employees
During the year the average number of employees was 22 (2023: 22).