IRIS Accounts Production v25.1.0.734 08912969 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh089129692023-08-31089129692024-08-31089129692023-09-012024-08-31089129692022-08-31089129692022-09-012023-08-31089129692023-08-3108912969ns15:EnglandWales2023-09-012024-08-3108912969ns14:PoundSterling2023-09-012024-08-3108912969ns10:Director12023-09-012024-08-3108912969ns10:Director22023-09-012024-08-3108912969ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3108912969ns10:SmallEntities2023-09-012024-08-3108912969ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3108912969ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3108912969ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3108912969ns10:FullAccounts2023-09-012024-08-3108912969ns10:RegisteredOffice2023-09-012024-08-3108912969ns5:CurrentFinancialInstruments2024-08-3108912969ns5:CurrentFinancialInstruments2023-08-3108912969ns5:ShareCapital2024-08-3108912969ns5:ShareCapital2023-08-3108912969ns5:RetainedEarningsAccumulatedLosses2024-08-3108912969ns5:RetainedEarningsAccumulatedLosses2023-08-3108912969ns5:PlantMachinery2023-09-012024-08-3108912969ns5:PlantMachinery2023-08-3108912969ns5:PlantMachinery2024-08-3108912969ns5:PlantMachinery2023-08-3108912969ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3108912969ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3108912969ns10:Director222023-08-3108912969ns10:Director222022-08-3108912969ns10:Director222023-09-012024-08-3108912969ns10:Director222022-09-012023-08-3108912969ns10:Director222024-08-3108912969ns10:Director222023-08-31
REGISTERED NUMBER: 08912969 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 August 2024

for

ONE HUNDRED STARS TRADING LIMITED

ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ONE HUNDRED STARS TRADING LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Miss H Stevenson
Miss R Stevenson





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA





REGISTERED NUMBER: 08912969 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 29,413 21,927

CURRENT ASSETS
Stocks 836,109 688,107
Debtors 5 6,522,638 3,716,303
Cash at bank and in hand 4,873,600 5,555,073
12,232,347 9,959,483
CREDITORS
Amounts falling due within one year 6 857,513 1,256,756
NET CURRENT ASSETS 11,374,834 8,702,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,404,247

8,724,654

PROVISIONS FOR LIABILITIES 7,353 5,482
NET ASSETS 11,396,894 8,719,172

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 11,396,890 8,719,168
11,396,894 8,719,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)

Balance Sheet - continued
31 August 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 23 April 2025 and were signed on its behalf by:




Miss R Stevenson - Director



Miss H Stevenson - Director


ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

One Hundred Stars Trading Limited 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 etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and Creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in administrative expenses.

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.

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.

ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 41,834
Additions 18,398
Disposals (5,914 )
At 31 August 2024 54,318
DEPRECIATION
At 1 September 2023 19,907
Charge for year 9,805
Eliminated on disposal (4,807 )
At 31 August 2024 24,905
NET BOOK VALUE
At 31 August 2024 29,413
At 31 August 2023 21,927

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 429,083 471,986
Other debtors 6,093,555 3,244,317
6,522,638 3,716,303

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 104,839 258,680
Taxation and social security 691,284 896,249
Other creditors 61,390 101,827
857,513 1,256,756

ONE HUNDRED STARS TRADING LIMITED (REGISTERED NUMBER: 08912969)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
Miss H Stevenson
Balance outstanding at start of year 89,892 11,892
Amounts advanced - 110,000
Amounts repaid (89,892 ) (32,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 89,892

8. RELATED PARTY DISCLOSURES

At the year end the Related Party outstanding balances (amounts owed to)/amounts owed from were as follows:

2024 2023
One Hundred Stars Management Limited 3,013,000 2,013,000
One Hundred Stars Design Limited 3,013,000 984,000
One Hundred Stars Trading LLC 1,053 586
One Hundred Stars Europe 0 242
R&H Home Limited 0 40,000

9. ULTIMATE CONTROLLING PARTY

The controlling party is the directors acting in concert.