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STARLITE INTERNATIONAL TRADING LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Starlite International Trading Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
At 31 October 2024 the statement of financial position reports net liabilities of £256,942 (2023: £255,248). The company is reliant upon the continued support of its directors, who confirm their continued financial support of the company. The directors therefore consider it appropriate to prepare the accounts on a going concern basis.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
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