2023-07-01 12058976 2024-06-30 12058976 2023-07-01 2024-06-30 12058976 2023-06-30 12058976 2022-07-01 2023-06-30 12058976 uk-core:WithinOneYear 2023-06-30 12058976 uk-core:WithinOneYear 2024-06-30 12058976 uk-core:ShareCapital 2024-06-30 12058976 uk-core:ShareCapital 2023-06-30 12058976 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 12058976 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 12058976 uk-bus:Director1 2023-07-01 2024-06-30 12058976 uk-core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure 12058976 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12058976 uk-bus:FRS102 2023-07-01 2024-06-30 12058976 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 12058976 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
K-STAR MMA LTD
Registered Number:12058976
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
K-STAR MMA LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12058976
As at 30 June 2024
K-STAR MMA LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,732
9,096
2
7,732
9,096
Current assets
Trade and other receivables
4,397
2,307
3
22,223
Cash and cash equivalents
18,578
20,885
26,620
Trade and other payables: amounts falling due within one
year
(10,055)
(7,765)
4
16,565
13,120
Net current assets
Total assets less current liabilities
20,852
25,661
(1,469)
(1,728)
Provisions for liabilities
19,383
Net assets
23,933
Capital and reserves
Called up share capital
2
2
Retained earnings
19,381
23,931
19,383
23,933
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Steven Logan Director
These financial statements were approved and authorised for issue by the Board on 24 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
K-STAR MMA LTD
Notes to the Financial Statements
Statutory Information
K-STAR MMA LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12058976.
Registered address:
3 Rookery Lane
Aldridge
Walsall
WS9 8NN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 July 2023
12,589
At 30 June 2024
12,589
Provision for depreciation and impairment
At 01 July 2023
3,493
Charge for year
1,364
At 30 June 2024
4,857
At 30 June 2024
Net book value
7,732
At 30 June 2023
9,096
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5
For the year ended 30 June 2024
K-STAR MMA LTD
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
1,937
4,397
Amounts owed by directors
370
-
4,397
2,307
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
6,865
7,416
Accruals and deferred income
900
840
Directors' loan accounts
-
1,799
7,765
10,055
5. Related party transactions
The ultimate controlling parties during the year were Steven Logan and Thomas Abbotts , directors , whom control
the company by virtue of each owning 50% of the share capital.
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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