Company No:
Contents
Note | 30.09.2024 | 31.12.2023 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 3 |
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1,000 | 1,000 | |||
Current assets | ||||
Debtors | ||||
- due within one year | 4 |
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- due after more than one year | 4 |
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Cash at bank and in hand |
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1,328,858 | 1,382,619 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current assets | 1,327,234 | 1,380,639 | ||
Total assets less current liabilities | 1,328,234 | 1,381,639 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Share premium account |
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Profit and loss account |
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Total shareholder's funds |
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Amber Star Holdings Limited (registered number:
David Dodd
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Amber Star Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1 Claydon Business Park, Great Blakenham, Ipswich, IP6 0NL, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The company's accounting period is from 1 January 2024 to 30 September 2024
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Period from 01.01.2024 to 30.09.2024 |
Year ended 31.12.2023 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the period, including directors |
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Investments in subsidiaries
30.09.2024 | |
£ | |
Cost | |
At 01 January 2024 |
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At 30 September 2024 |
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Carrying value at 30 September 2024 |
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Carrying value at 31 December 2023 |
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30.09.2024 | 31.12.2023 | ||
£ | £ | ||
Debtors: amounts falling due within one year | |||
Amounts owed by directors |
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Debtors: amounts falling due after more than one year | |||
Amounts owed by Group undertakings |
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Amounts owed by connected companies |
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30.09.2024 | 31.12.2023 | ||
£ | £ | ||
Trade creditors |
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Accruals |
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The company has taken advantage of the exemption available under FRS 102 Section 1A not to disclose transactions with wholly owned subsidiaries.