IRIS Accounts Production v25.1.0.734 06893833 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068938332023-05-31068938332024-05-31068938332023-06-012024-05-31068938332022-05-31068938332022-06-012023-05-31068938332023-05-3106893833ns14:PoundSterling2023-06-012024-05-3106893833ns10:Director12023-06-012024-05-3106893833ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3106893833ns10:SmallEntities2023-06-012024-05-3106893833ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3106893833ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3106893833ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3106893833ns10:FullAccounts2023-06-012024-05-3106893833ns10:RegisteredOffice2023-06-012024-05-3106893833ns5:CurrentFinancialInstruments2024-05-3106893833ns5:CurrentFinancialInstruments2023-05-3106893833ns5:ShareCapital2024-05-3106893833ns5:ShareCapital2023-05-3106893833ns5:RetainedEarningsAccumulatedLosses2024-05-3106893833ns5:RetainedEarningsAccumulatedLosses2023-05-3106893833ns5:PlantMachinery2023-06-012024-05-3106893833ns5:FurnitureFittings2023-06-012024-05-3106893833ns5:MotorVehicles2023-06-012024-05-3106893833ns5:ComputerEquipment2023-06-012024-05-3106893833ns5:PlantMachinery2023-05-3106893833ns5:FurnitureFittings2023-05-3106893833ns5:MotorVehicles2023-05-3106893833ns5:ComputerEquipment2023-05-3106893833ns5:PlantMachinery2024-05-3106893833ns5:FurnitureFittings2024-05-3106893833ns5:MotorVehicles2024-05-3106893833ns5:ComputerEquipment2024-05-3106893833ns5:PlantMachinery2023-05-3106893833ns5:FurnitureFittings2023-05-3106893833ns5:MotorVehicles2023-05-3106893833ns5:ComputerEquipment2023-05-3106893833ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3106893833ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 06893833















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

NEW STAR POULTRY LIMITED

NEW STAR POULTRY LIMITED (REGISTERED NUMBER: 06893833)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEW STAR POULTRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: P Blackwell





REGISTERED OFFICE: 47 Sandhills Crescent
Solihull
B91 3UE





REGISTERED NUMBER: 06893833





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

NEW STAR POULTRY LIMITED (REGISTERED NUMBER: 06893833)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 65,501 88,769

CURRENT ASSETS
Stocks 84,000 53,000
Debtors 5 2,081,246 2,116,766
Cash at bank and in hand 386,403 248,076
2,551,649 2,417,842
CREDITORS
Amounts falling due within one year 6 1,098,658 1,066,157
NET CURRENT ASSETS 1,452,991 1,351,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,518,492

1,440,454

PROVISIONS FOR LIABILITIES 12,445 16,866
NET ASSETS 1,506,047 1,423,588

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,506,045 1,423,586
SHAREHOLDERS' FUNDS 1,506,047 1,423,588

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NEW STAR POULTRY LIMITED (REGISTERED NUMBER: 06893833)

BALANCE SHEET - continued
31 MAY 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 director and authorised for issue on 7 May 2025 and were signed by:





P Blackwell - Director


NEW STAR POULTRY LIMITED (REGISTERED NUMBER: 06893833)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

New Star Poultry Limited is a private company, limited by shares , registered in Not specified/Other. 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 - 15% per annum of cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% per annum of cost

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

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.

NEW STAR POULTRY LIMITED (REGISTERED NUMBER: 06893833)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 8,917 2,475 137,757 11,528 160,677
Additions - - 15,000 - 15,000
Disposals (8,917 ) - (39,000 ) - (47,917 )
At 31 May 2024 - 2,475 113,757 11,528 127,760
DEPRECIATION
At 1 June 2023 1,338 1,692 60,388 8,490 71,908
Charge for year - 196 20,934 927 22,057
Eliminated on disposal (1,338 ) - (30,368 ) - (31,706 )
At 31 May 2024 - 1,888 50,954 9,417 62,259
NET BOOK VALUE
At 31 May 2024 - 587 62,803 2,111 65,501
At 31 May 2023 7,579 783 77,369 3,038 88,769

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,072,617 2,091,022
Other debtors 8,629 25,744
2,081,246 2,116,766

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,833 30,833
Trade creditors 900,049 857,826
Taxation and social security 168,984 162,769
Other creditors 8,792 14,729
1,098,658 1,066,157