Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2022 1 December 2021 false 1 December 2022 31 March 2024 31 March 2024 11043161 Mrs Carol Meldrum Mr Christopher Meldrum iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11043161 2022-11-30 11043161 2024-03-31 11043161 2022-12-01 2024-03-31 11043161 frs-core:CurrentFinancialInstruments 2024-03-31 11043161 frs-core:Non-currentFinancialInstruments 2024-03-31 11043161 frs-core:BetweenOneFiveYears 2024-03-31 11043161 frs-core:MotorVehicles 2024-03-31 11043161 frs-core:MotorVehicles 2022-12-01 2024-03-31 11043161 frs-core:MotorVehicles 2022-11-30 11043161 frs-core:ShareCapital 2024-03-31 11043161 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11043161 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-03-31 11043161 frs-bus:FilletedAccounts 2022-12-01 2024-03-31 11043161 frs-bus:SmallEntities 2022-12-01 2024-03-31 11043161 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2024-03-31 11043161 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-03-31 11043161 frs-bus:Director1 2022-12-01 2024-03-31 11043161 frs-bus:Director2 2022-12-01 2024-03-31 11043161 frs-countries:EnglandWales 2022-12-01 2024-03-31 11043161 2021-11-30 11043161 2022-11-30 11043161 2021-12-01 2022-11-30 11043161 frs-core:CurrentFinancialInstruments 2022-11-30 11043161 frs-core:Non-currentFinancialInstruments 2022-11-30 11043161 frs-core:BetweenOneFiveYears 2022-11-30 11043161 frs-core:ShareCapital 2022-11-30 11043161 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 11043161
North Star Holidays Ltd
Unaudited Financial Statements
For the Period 1 December 2022 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11043161
31 March 2024 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,600 -
41,600 -
CURRENT ASSETS
Debtors 5 34,595 16,221
Cash at bank and in hand 14,375 12,916
48,970 29,137
Creditors: Amounts Falling Due Within One Year 6 (47,400 ) (8,026 )
NET CURRENT ASSETS (LIABILITIES) 1,570 21,111
TOTAL ASSETS LESS CURRENT LIABILITIES 43,170 21,111
Creditors: Amounts Falling Due After More Than One Year 7 (38,384 ) (20,376 )
NET ASSETS 4,786 735
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 4,784 733
SHAREHOLDERS' FUNDS 4,786 735
Page 1
Page 2
For the period ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Carol Meldrum
Director
24 March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
North Star Holidays Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11043161 . The registered office is Mill House, Mill Court, Great Shelford, Cambridge, CB22 5LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% on Cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3 (2022: 3)
3 3
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2022 -
Additions 52,000
As at 31 March 2024 52,000
...CONTINUED
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Depreciation
As at 1 December 2022 -
Provided during the period 10,400
As at 31 March 2024 10,400
Net Book Value
As at 31 March 2024 41,600
As at 1 December 2022 -
5. Debtors
31 March 2024 30 November 2022
£ £
Due within one year
Trade debtors 32,310 8,050
Corporation tax recoverable assets 966 -
VAT 1,319 684
Net wages - 6,608
Directors' loan accounts - 879
34,595 16,221
6. Creditors: Amounts Falling Due Within One Year
31 March 2024 30 November 2022
£ £
Trade creditors 9,047 4,039
Bank loans and overdrafts 2,500 1,735
Corporation tax - 2
Other taxes and social security 1,659 -
Accruals and deferred income 9,433 2,250
Directors' loan accounts 24,761 -
47,400 8,026
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 30 November 2022
£ £
Net obligations under finance lease and hire purchase contracts 22,244 -
Bank loans 16,140 20,376
38,384 20,376
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
31 March 2024 30 November 2022
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 22,244 -
9. Share Capital
31 March 2024 30 November 2022
£ £
Allotted, Called up and fully paid 2 2
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