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REGISTERED NUMBER: 12617290 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Moonstar Ventures Ltd

Moonstar Ventures Ltd (Registered number: 12617290)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Moonstar Ventures Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A Copos





REGISTERED OFFICE: 18a Fitzjohns Avenue
London
NW3 5NA





REGISTERED NUMBER: 12617290 (England and Wales)





ACCOUNTANTS: Dragon Argent Limited
63 Bermondsey Street
London
SE1 3XF

Moonstar Ventures Ltd (Registered number: 12617290)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 289,594 258,283
Tangible assets 5 4,260 6,148
293,854 264,431

CURRENT ASSETS
Debtors 6 30,356 63,146
Cash at bank 2,493 21,851
32,849 84,997
CREDITORS
Amounts falling due within one year 7 16,248 34,278
NET CURRENT ASSETS 16,601 50,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,455

315,150

CREDITORS
Amounts falling due after more than one
year

8

548,388

385,933
NET LIABILITIES (237,933 ) (70,783 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (238,033 ) (70,883 )
(237,933 ) (70,783 )

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 director acknowledges her 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.

Moonstar Ventures Ltd (Registered number: 12617290)

Balance Sheet - continued
31 December 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 17 June 2025 and were signed by:





A Copos - Director


Moonstar Ventures Ltd (Registered number: 12617290)

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

1. STATUTORY INFORMATION

Moonstar Ventures Ltd 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.

Going concern
The company incurred a loss before tax of £192,522 (2023 : £101,000) and continues to be reliant on grant funding and loans. The director is confident that the company will be able to meet its liabilities as they fall due, for a period of at least 12 months from the date of approval of these financial statements. The financial statements have therefore been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life as follows:

Computer software - 3 year useful life
Development costs - 3 year useful life

Tangible fixed assets
Tangible assets are initially measured at cost. After initial recognition, tangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixture & Fittings - 5 year useful life

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.

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 2 (2023 - 2 ) .

Moonstar Ventures Ltd (Registered number: 12617290)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024 435,080
Additions 189,837
At 31 December 2024 624,917
AMORTISATION
At 1 January 2024 176,797
Charge for year 158,526
At 31 December 2024 335,323
NET BOOK VALUE
At 31 December 2024 289,594
At 31 December 2023 258,283

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 14,896
Additions 2,070
At 31 December 2024 16,966
DEPRECIATION
At 1 January 2024 8,748
Charge for year 3,958
At 31 December 2024 12,706
NET BOOK VALUE
At 31 December 2024 4,260
At 31 December 2023 6,148

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 3,259 13,092
Other debtors - 6,446
Corporation tax receivable 25,372 43,009
Prepayments 1,725 599
30,356 63,146

Moonstar Ventures Ltd (Registered number: 12617290)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 1,395 26,264
Social security and other taxes 3,861 5,710
Pensions payable 375 375
VAT 282 579
Other creditors 4,604 -
Accruals and deferred income 5,731 1,350
16,248 34,278

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other loans - 1-2 years 548,388 385,933

9. RELATED PARTY DISCLOSURES

There is a directors' loan balance of £126,940 (2023 : £105,353) owed to the director. The amount is not subject to interest or formal repayment terms.