Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30As at 1 October 2023, the director owed the Company a balance of £1,087. During the year advances to the director totalled £0 and repayments by the director totalled £ 53,685. Resulting in a balance owed to the director by the Company, as at 30 September 2024, of £52,598. This balance is included within other creditors, note 5, to the financial statements. The loan is interest free and repayable on demand. During the year, the shareholders made loans to the company totalling £284,001 and no repayments were made of these loans. Resulting in a balance owed to the shareholders by the Company, as at 30 September 2024, of £284,001. This balance is included within other creditors, note 5, to the financial statements. The loans are interest free and repayable on demand.Company shareholders337686truefalseOther letting and operating of own or leased real estate2023-10-0111trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04067082 2023-10-01 2024-09-30 04067082 2022-10-01 2023-09-30 04067082 2024-09-30 04067082 2023-09-30 04067082 c:Director1 2023-10-01 2024-09-30 04067082 d:CurrentFinancialInstruments 2024-09-30 04067082 d:CurrentFinancialInstruments 2023-09-30 04067082 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04067082 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04067082 d:ShareCapital 2024-09-30 04067082 d:ShareCapital 2023-09-30 04067082 d:RetainedEarningsAccumulatedLosses 2024-09-30 04067082 d:RetainedEarningsAccumulatedLosses 2023-09-30 04067082 c:OrdinaryShareClass1 2023-10-01 2024-09-30 04067082 c:OrdinaryShareClass1 2024-09-30 04067082 c:OrdinaryShareClass1 2023-09-30 04067082 c:OrdinaryShareClass2 2023-10-01 2024-09-30 04067082 c:OrdinaryShareClass2 2024-09-30 04067082 c:OrdinaryShareClass2 2023-09-30 04067082 c:EntityNoLongerTradingButTradedInPast 2023-10-01 2024-09-30 04067082 c:FRS102 2023-10-01 2024-09-30 04067082 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04067082 c:FullAccounts 2023-10-01 2024-09-30 04067082 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04067082 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-10-01 2024-09-30 04067082 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-09-30 04067082 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-09-30 04067082 2 2023-10-01 2024-09-30 04067082 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04067082









BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 6


 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brightstar (Property Investments) Limited for the year ended 30 September 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Brightstar (Property Investments) Limited in accordance with the terms of our engagement letter dated 28 April 2023Our work has been undertaken solely to prepare for your approval the financial statements of Brightstar (Property Investments) Limited and state those matters that we have agreed to state to the director of Brightstar (Property Investments) Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brightstar (Property Investments) Limited and its director for our work or for this report. 

It is your duty to ensure that Brightstar (Property Investments) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brightstar (Property Investments) Limited. You consider that Brightstar (Property Investments) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Brightstar (Property Investments) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
25 June 2025
Page 1

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
REGISTERED NUMBER: 04067082

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
6,370
6,819

Cash at bank and in hand
  
599,911
588,729

  
606,281
595,548

Creditors: amounts falling due within one year
 5 
(341,837)
(3,014)

Net current assets
  
 
 
264,444
 
 
592,534

Total assets less current liabilities
  
264,444
592,534

  

Net assets
  
264,444
592,534


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
264,344
592,434

  
264,444
592,534


Page 2

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
REGISTERED NUMBER: 04067082
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 June 2025.


................................................
W H Edwards
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Brightstar (Property Investments) Limited is a United Kingdom Company limited by shares. It is incorporated and domiciled in England and Wales. The registered office address is 7 The Close, Norwich, NR1 4DJ.
The Company's principal activity is that of an investment company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

Page 4

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.7
Financial instruments (continued)

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.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Other debtors
-
1,087

Prepayments and accrued income
6,370
5,732

6,370
6,819



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
1,605
-

Other creditors
336,598
-

Accruals and deferred income
3,634
3,014

341,837
3,014


Page 5

 
BRIGHTSTAR (PROPERTY INVESTMENTS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



80 (2023 - 80) Ordinary A shares of £1.00 each
80
80
20 (2023 - 20) Ordinary B shares of £1.00 each
20
20

100

100



7.


Related parties transactions

As at 1 October 2023, the director owed the Company a balance of £1,087.  
During the year advances to the director totalled £0 and repayments by the director totalled £ 53,685.
Resulting in a balance owed to the director by the Company, as at 30 September 2024, of £52,598.  This balance is included within other creditors, note 5, to the financial statements.  The loan is interest free and repayable on demand.  

During the year, the shareholders made loans to the company totalling £284,001 and no repayments were made of these loans. Resulting in a balance owed to the shareholders by the Company, as at 30 September 2024, of £284,001. This balance is included within other creditors, note 5, to the financial statements. The loans are interest free and repayable on demand.  

 
Page 6