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REGISTERED NUMBER: 04879302 (England and Wales)















Star Asphalt Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






Star Asphalt Limited (Registered number: 04879302)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Star Asphalt Limited

Company Information
for the Year Ended 30 September 2024







Directors: Mark Antony Briggs
Leanne Briggs





Secretary: Leanne Briggs





Registered office: 7 Barton Road
Euxton
Chorley
Lancashire
PR7 6RG





Registered number: 04879302 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
Greater Manchester
BL6 7BY

Star Asphalt Limited (Registered number: 04879302)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Intangible assets 4 36,000 36,000
Tangible assets 5 85,397 112,596
121,397 148,596

Current assets
Debtors 6 23,604 22,927
Cash at bank 238,093 228,054
261,697 250,981
Creditors
Amounts falling due within one year 7 230,023 163,839
Net current assets 31,674 87,142
Total assets less current liabilities 153,071 235,738

Creditors
Amounts falling due after more than
one year

8

-

(5,555

)

Provisions for liabilities 9 (22,630 ) (29,838 )
Net assets 130,441 200,345

Star Asphalt Limited (Registered number: 04879302)

Statement of Financial Position - continued
30 September 2024

2024 2023
Notes £    £    £    £   
Capital and reserves
Called up share capital 10 100 100
Retained earnings 130,341 200,245
Shareholders' funds 130,441 200,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 13 June 2025 and were signed on its behalf by:





Mark Antony Briggs - Director


Star Asphalt Limited (Registered number: 04879302)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. Statutory information

Star Asphalt 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
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.

Turnover
Turnover is measured at the fair value of the consideration receivable for asphalting services provided, net of discounts and Value Added Tax.

Goodwill
Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has an indefinite useful economic life. This accounting policy departs from the requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requrements of FRS 102 has not been accounted for. If amortisation had been accounted for the charge for the year would have amounted to £3,600 and the profit for the year reduced accordingly.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Star Asphalt Limited (Registered number: 04879302)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. Accounting policies - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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 3 (2023 - 3 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 October 2023
and 30 September 2024 36,000
Net book value
At 30 September 2024 36,000
At 30 September 2023 36,000

Star Asphalt Limited (Registered number: 04879302)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. Tangible fixed assets
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 October 2023
and 30 September 2024 36,846 146,596 1,529 184,971
Depreciation
At 1 October 2023 11,550 60,095 730 72,375
Charge for year 5,065 21,625 509 27,199
At 30 September 2024 16,615 81,720 1,239 99,574
Net book value
At 30 September 2024 20,231 64,876 290 85,397
At 30 September 2023 25,296 86,501 799 112,596

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 17,317 17,000
Other debtors 6,287 5,927
23,604 22,927

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 5,555 6,667
Trade creditors 12,331 9,555
Taxation and social security 12,963 20,913
Other creditors 199,174 126,704
230,023 163,839

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts - 5,555

Star Asphalt Limited (Registered number: 04879302)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 22,630 29,838

Deferred
tax
£   
Balance at 1 October 2023 29,838
Credit to Statement of Income and Retained Earnings during year (7,208 )
Balance at 30 September 2024 22,630

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100