1 1 Our Star Theatre Company Ltd 10218010 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is theatre productions and training Digita Accounts Production Advanced 6.30.9574.0 true 10218010 2023-07-01 2024-06-30 10218010 2024-06-30 10218010 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-06-30 10218010 core:CurrentFinancialInstruments 2024-06-30 10218010 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10218010 core:FurnitureFittingsToolsEquipment 2024-06-30 10218010 core:MotorVehicles 2024-06-30 10218010 bus:SmallEntities 2023-07-01 2024-06-30 10218010 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10218010 bus:FilletedAccounts 2023-07-01 2024-06-30 10218010 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10218010 bus:RegisteredOffice 2023-07-01 2024-06-30 10218010 bus:Director1 2023-07-01 2024-06-30 10218010 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-07-01 2024-06-30 10218010 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10218010 bus:Agent1 2023-07-01 2024-06-30 10218010 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 10218010 core:MotorVehicles 2023-07-01 2024-06-30 10218010 countries:EnglandWales 2023-07-01 2024-06-30 10218010 2023-06-30 10218010 core:FurnitureFittingsToolsEquipment 2023-06-30 10218010 core:MotorVehicles 2023-06-30 10218010 2022-07-01 2023-06-30 10218010 2023-06-30 10218010 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-06-30 10218010 core:CurrentFinancialInstruments 2023-06-30 10218010 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 10218010 core:FurnitureFittingsToolsEquipment 2023-06-30 10218010 core:MotorVehicles 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 10218010

Our Star Theatre Company Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Our Star Theatre Company Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Our Star Theatre Company Ltd

Company Information

Director

Mr Ben Mowbray

Registered office

Briar House
Bosbury
Ledbury
Herefordshire
HR8 1PR

Accountants

R M Willgoose, Chartered Accountant Chestnut End
Leddington
Ledbury
Herefordshire
HR8 2LG

 

Our Star Theatre Company Ltd

(Registration number: 10218010)
Balance Sheet as at 30 June 2024

Note

30 June
2024
£

30 June
2023
£

Fixed assets

 

Tangible assets

4

8,238

4,647

Current assets

 

Debtors

5

5,736

4,681

Cash at bank and in hand

 

18,057

13,208

 

23,793

17,889

Creditors: Amounts falling due within one year

6

(26,169)

(21,209)

Net current liabilities

 

(2,376)

(3,320)

Net assets

 

5,862

1,327

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

5,762

1,227

Shareholders' funds

 

5,862

1,327

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 March 2025
 

.........................................
Mr Ben Mowbray
Director

 

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Briar House
Bosbury
Ledbury
Herefordshire
HR8 1PR

These financial statements were authorised for issue by the director on 25 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

20% reducing balance basis

Motor vehicles

25% reducing balance

 

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 July 2023

5,601

6,780

12,381

Additions

-

6,960

6,960

Disposals

-

(6,780)

(6,780)

At 30 June 2024

5,601

6,960

12,561

Depreciation

At 1 July 2023

3,278

4,456

7,734

Charge for the year

465

967

1,432

Eliminated on disposal

-

(4,843)

(4,843)

At 30 June 2024

3,743

580

4,323

Carrying amount

At 30 June 2024

1,858

6,380

8,238

At 30 June 2023

2,323

2,324

4,647

5

Debtors

Current

30 June
2024
£

30 June
2023
£

Prepayments

5,736

4,681

 

5,736

4,681

6

Creditors

Creditors: amounts falling due within one year

30 June
2024
£

30 June
2023
£

Due within one year

Accruals and deferred income

630

558

Other creditors

25,539

20,651

26,169

21,209

 

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

7

Share capital

Allotted, called up and fully paid shares

30 June
2024

30 June
2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

8

Related party transactions

The director was owed £25,539 (2023 : £20,651) at the accounting period end in respect of various expenses paid on behalf of the company. No interest is payable on these amounts.

 

Our Star Theatre Company Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

2,400

3,200

Contributions paid to money purchase schemes

600

600

3,000

3,800