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REGISTERED NUMBER: 13405589 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

STARTBLOCKS INTERNATIONAL LIMITED

STARTBLOCKS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13405589)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STARTBLOCKS INTERNATIONAL LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr M Malhotra





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 13405589 (England and Wales)






STARTBLOCKS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13405589)

Balance Sheet
31 MARCH 2024

31.3.24 31.3.23
Notes £ £
CURRENT ASSETS
Debtors 4 155,937 122,969
Cash at bank 71,573 1,055
227,510 124,024
CREDITORS
Amounts falling due within one year 5 529,911 487,672
NET CURRENT LIABILITIES (302,401 ) (363,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(302,401

)

(363,648

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (302,402 ) (363,649 )
(302,401 ) (363,648 )

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 director acknowledges his 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.

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 director and authorised for issue on 19 March 2025 and were signed by:





Mr M Malhotra - Director


STARTBLOCKS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13405589)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

StartBlocks International 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At 31 March 2024, the Company was in a net liability position of £302,401. Although the Company is currently loss making, the director has indicated that he has adequate resources to support the Company for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

STARTBLOCKS INTERNATIONAL LIMITED (REGISTERED NUMBER: 13405589)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 6,473 48,048
Amounts owed by group undertakings 134,154 73,316
Other debtors 14,889 -
Value added tax - 1,001
Prepayments and accrued income 421 604
155,937 122,969

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade creditors 13,247 44,939
Amounts owed to group undertakings 470,265 406,447
Corporation tax 12,233 343
Social security and other taxes - 9,896
Value added tax 10,887 -
Other creditors 5,279 8,047
Accruals and deferred income 18,000 18,000
529,911 487,672

6. RELATED PARTY DISCLOSURES

Amounts owed by group undertakings of £134,154 is owed to the Company by other companies which are under common control.

Amounts owed to group undertakings of £470,265 is owed by the Company to another company which is under common control.

The debts have no fixed date for repayment, are repayable on demand and are non-interest bearing.