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Company Registration No. 11870154 (England and Wales)
STAR PERFORMANCE TYRES LIMITED Unaudited accounts for the year ended 31 March 2025
STAR PERFORMANCE TYRES LIMITED Unaudited accounts Contents
Page
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STAR PERFORMANCE TYRES LIMITED Company Information for the year ended 31 March 2025
Director
MOHAMED KASIM SHARIFI
Company Number
11870154 (England and Wales)
Registered Office
1-8 COLLEGE ROAD COLLEGE ROAD COVENTRY CV6 4BH ENGLAND
Accountants
SAMI & CO ACCOUNTANTS 48 BILTON ROAD PERIVALE MIDDLESEX UB6 7DH
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STAR PERFORMANCE TYRES LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
50,000 
50,000 
Tangible assets
39,979 
27,691 
89,979 
77,691 
Current assets
Inventories
100,699 
109,807 
Debtors
71,000 
6,000 
Cash at bank and in hand
119,106 
136,246 
290,805 
252,053 
Creditors: amounts falling due within one year
(129,954)
(125,539)
Net current assets
160,851 
126,514 
Total assets less current liabilities
250,830 
204,205 
Creditors: amounts falling due after more than one year
(15,935)
(26,143)
Net assets
234,895 
178,062 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
234,795 
177,962 
Shareholders' funds
234,895 
178,062 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 June 2025 and were signed on its behalf by
MOHAMED KASIM SHARIFI Director Company Registration No. 11870154
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
STAR PERFORMANCE TYRES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11870154. The registered office is 1-8 COLLEGE ROAD, COLLEGE ROAD, COVENTRY, CV6 4BH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
50,000 
At 31 March 2025
50,000 
Amortisation
At 1 April 2024
- 
At 31 March 2025
- 
Net book value
At 31 March 2025
50,000 
At 31 March 2024
50,000 
GOOD WILL PAID TO NEW LANDLORD
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
62,409 
- 
62,409 
Additions
- 
19,343 
19,343 
At 31 March 2025
62,409 
19,343 
81,752 
Depreciation
At 1 April 2024
34,718 
- 
34,718 
Charge for the year
4,154 
2,901 
7,055 
At 31 March 2025
38,872 
2,901 
41,773 
Net book value
At 31 March 2025
23,537 
16,442 
39,979 
At 31 March 2024
27,691 
- 
27,691 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
12,000 
6,000 
Amounts falling due after more than one year
Other debtors
59,000 
- 
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STAR PERFORMANCE TYRES LIMITED Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
11,344 
11,491 
Trade creditors
25,000 
25,000 
Taxes and social security
38,610 
34,048 
Loans from directors
55,000 
55,000 
129,954 
125,539 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
15,935 
26,143 
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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