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REGISTERED NUMBER: 04799670 (England and Wales)















EURO STARS HOUSING & ACCOMMODATION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EURO STARS HOUSING & ACCOMMODATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr P Pastou
Mrs G Mela





SECRETARY: Mrs G Mela





REGISTERED OFFICE: Unit 9, Netherhouse Farm
Sewardstone Road
Chingford
London
E4 7RJ





REGISTERED NUMBER: 04799670 (England and Wales)





ACCOUNTANTS: T. PA Accountancy Services Limited
Hale House
Unit 5
296a Green Lanes
Palmers Green
London
N13 5TW

EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,095 17,120

CURRENT ASSETS
Debtors 5 699,624 737,451
Cash at bank and in hand 437 40,609
700,061 778,060
CREDITORS
Amounts falling due within one year 6 70,636 49,642
NET CURRENT ASSETS 629,425 728,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

654,520

745,538

CREDITORS
Amounts falling due after more than one year 7 141,754 247,525
NET ASSETS 512,766 498,013

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 8 512,656 497,903
SHAREHOLDERS' FUNDS 512,766 498,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

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 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.

EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:





Mrs G Mela - Director


EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Euro Stars Housing & Accommodation Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 16,250 82,571 11,095 109,916
Additions - 16,338 - 16,338
At 30 June 2024 16,250 98,909 11,095 126,254
DEPRECIATION
At 1 July 2023 7,109 78,337 7,350 92,796
Charge for year 2,285 5,142 936 8,363
At 30 June 2024 9,394 83,479 8,286 101,159
NET BOOK VALUE
At 30 June 2024 6,856 15,430 2,809 25,095
At 30 June 2023 9,141 4,234 3,745 17,120

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors - 96,000
Debtors - rent account 328,054 263,770
Amounts owed by associates 21,657 -
Other debtors 324,791 205,855
Prepayments and accrued income - 850
674,502 566,475

Amounts falling due after more than one year:
Other debtors 25,122 170,976

Aggregate amounts 699,624 737,451

EURO STARS HOUSING & ACCOMMODATION LTD (REGISTERED NUMBER: 04799670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,896 -
Trade creditors - 1,786
Corporation tax payable 51,316 34,454
Social security and other taxes 2,356 2,424
Directors' current accounts 2,268 2,268
Accrued expenses 1,800 8,710
70,636 49,642

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 20,102 61,648
Bank loans more 5 yr by instal 121,652 185,877
141,754 247,525

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 121,652 185,877

8. RESERVES
Retained
earnings
£   

At 1 July 2023 497,903
Profit for the year 94,753
Dividends (80,000 )
At 30 June 2024 512,656

9. RELATED PARTY DISCLOSURES

Controlling Party

There is no overall control of the company by any one person.

The directors have given personal guarantee against the bank overdraft.