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REGISTERED NUMBER: 04458789 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

STARLIGHT ESTATES LTD

STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


STARLIGHT ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: M A Venitt
Mrs B Venitt





SECRETARY: Mrs B Venitt





REGISTERED OFFICE: 115 Craven Park Road
Stamford Hill
London
N15 6BL





REGISTERED NUMBER: 04458789 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 170 201
Investment property 5 160,848 160,848
161,018 161,049

CURRENT ASSETS
Debtors 6 30,651 30,651
Cash at bank 988 1,583
31,639 32,234
CREDITORS
Amounts falling due within one year 7 (72,830 ) (74,755 )
NET CURRENT LIABILITIES (41,191 ) (42,521 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,827

118,528

CREDITORS
Amounts falling due after more than one
year

8

(12,695

)

(17,311

)
NET ASSETS 107,132 101,217

CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 37,944 37,944
Retained earnings 10 69,186 63,271
SHAREHOLDERS' FUNDS 107,132 101,217

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.

STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)

STATEMENT OF FINANCIAL POSITION - 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:





M A Venitt - Director


STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)

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

1. STATUTORY INFORMATION

Starlight Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.




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.
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 2,005
DEPRECIATION
At 1 July 2023 1,804
Charge for year 31
At 30 June 2024 1,835
NET BOOK VALUE
At 30 June 2024 170
At 30 June 2023 201

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 160,848
NET BOOK VALUE
At 30 June 2024 160,848
At 30 June 2023 160,848

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2017 37,944
Cost 122,904
160,848

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 30,651 30,651

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 4,703 3,310
Other creditors 68,127 71,445
72,830 74,755

STARLIGHT ESTATES LTD (REGISTERED NUMBER: 04458789)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 2,396 3,644
Other creditors 10,299 13,667
12,695 17,311

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,396 3,644
Mortgage 10,299 13,667
12,695 17,311

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 July 2023 63,271 37,944 101,215
Profit for the year 5,915 5,915
At 30 June 2024 69,186 37,944 107,130