Company Registration No. 10826331 (England and Wales)
3 STARS INVESTMENT LTD
Unaudited accounts
for the year ended 30 June 2024
3 STARS INVESTMENT LTD
Unaudited accounts
Contents
3 STARS INVESTMENT LTD
Company Information
for the year ended 30 June 2024
Company Number
10826331 (England and Wales)
Registered Office
73 BALLARDSWAY
SOUTH CROYDON
LONDON
CR2 7JP
ENGLAND
Accountants
I&I Accountants Limited
34-35 Hatton Garden
London
London
EC1N 8DX
3 STARS INVESTMENT LTD
Statement of financial position
as at 30 June 2024
Investment property
400,000
300,000
Cash at bank and in hand
6,754
2,899
Creditors: amounts falling due within one year
(272,782)
(253,807)
Net current liabilities
(266,028)
(250,908)
Called up share capital
100
100
Profit and loss account
133,872
49,182
Shareholders' funds
133,972
49,282
For the year ending 30 June 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 director acknowledges her 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 and authorised for issue on 9 March 2025 and were signed on its behalf by
Nazia Khan
Director
Company Registration No. 10826331
3 STARS INVESTMENT LTD
Notes to the Accounts
for the year ended 30 June 2024
3 STARS INVESTMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 10826331. The registered office is 73 BALLARDSWAY, SOUTH CROYDON, LONDON, CR2 7JP, ENGLAND.
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:
Fixtures & fittings
Over its useful life of 5 years
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
3 STARS INVESTMENT LTD
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 July 2023
300,000
Net gain from fair value adjustments
100,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,029
1,133
Loans from directors
271,753
252,674
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).