IRIS Accounts Productionv25.1.3.3308278798Board of Directors1.1.2431.12.2431.12.24falsetruefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082787982023-12-31082787982024-12-31082787982024-01-012024-12-31082787982022-12-31082787982023-01-012023-12-31082787982023-12-3108278798ns15:EnglandWales2024-01-012024-12-3108278798ns14:PoundSterling2024-01-012024-12-3108278798ns10:Director12024-01-012024-12-3108278798ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3108278798ns10:SmallEntities2024-01-012024-12-3108278798ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3108278798ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3108278798ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3108278798ns10:AbridgedAccounts2024-01-012024-12-3108278798ns10:Director22024-01-012024-12-3108278798ns10:RegisteredOffice2024-01-012024-12-3108278798ns5:CurrentFinancialInstruments2024-12-3108278798ns5:CurrentFinancialInstruments2023-12-3108278798ns5:ShareCapital2024-12-3108278798ns5:ShareCapital2023-12-3108278798ns5:RetainedEarningsAccumulatedLosses2024-12-3108278798ns5:RetainedEarningsAccumulatedLosses2023-12-31

REGISTERED NUMBER: 08278798 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR


CAPSTAR ASSOCIATES LIMITED


CAPSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08278798)


CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024











Page



Company Information  

1



Abridged Balance Sheet  

2



Notes to the Financial Statements  

3




CAPSTAR ASSOCIATES LIMITED


COMPANY INFORMATION

For The Year Ended 31 December 2024









DIRECTORS:

G C Waters


C Waters







REGISTERED OFFICE:

7a Abbey Business Park


Monks Walk


Farnham


Surrey


GU9 8HT







REGISTERED NUMBER:

08278798 (England and Wales)


CAPSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08278798)


ABRIDGED BALANCE SHEET

31 December 2024



2024

2023



Notes

£   

£   

£   


FIXED ASSETS

Tangible assets

4

2,633


901



Investments

5

100


100



2,733


1,001




CURRENT ASSETS

Debtors

180,000


144,000



Cash at bank

90,444


74,603



270,444


218,603



CREDITORS

Amounts falling due within one year

5,062


2,434



NET CURRENT ASSETS

265,382


216,169



TOTAL ASSETS LESS CURRENT

LIABILITIES

268,115


217,170




CAPITAL AND RESERVES

Called up share capital

100


100



Retained earnings

268,015


217,070



SHAREHOLDERS' FUNDS

268,115


217,170




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


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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.  


All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.  


In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.


The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:






G C Waters - Director



CAPSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08278798)


NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2024



1.

STATUTORY INFORMATION



Capstar Associates 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


The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.



Related party exemption


The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.



Turnover


Turnover represents sales of management services, excluding value added tax, performed during the year.



Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.



Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment33.33%


Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.


Taxation

Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.


Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.


Investments


Investments in shares are included at cost less impairment.


3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 2 (2023 - 2 ) .


CAPSTAR ASSOCIATES LIMITED (REGISTERED NUMBER: 08278798)


NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2024



4.

TANGIBLE FIXED ASSETS


Totals

£   



COST


At 1 January 2024

5,677




Additions

3,097




At 31 December 2024

8,774




DEPRECIATION


At 1 January 2024

4,776




Charge for year

1,365




At 31 December 2024

6,141




NET BOOK VALUE


At 31 December 2024

2,633




At 31 December 2023

901




5.

FIXED ASSET INVESTMENTS



Information on investments other than loans is as follows:


Totals

£   



COST


At 1 January 2024


and 31 December 2024

100




NET BOOK VALUE


At 31 December 2024

100




At 31 December 2023

100




6.

RELATED PARTY DISCLOSURES


During the year ended 31 December 2024, Capstar Associates Limited entered into the following transactions with an associate undertaking:

Capstar Associates Limited received dividends amounting to £380,000 (2023 - £309,000).
Capstar Associates Limited raised management charges amounting to £65,900 (2023 - £56,400).

As at 31 December 2024, amounts due from related undertakings totalled £180,000 (2023 - £144,000).