IRIS Accounts Production v25.1.3.33 12496825 director 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124968252023-12-31124968252024-12-31124968252024-01-012024-12-31124968252022-12-31124968252023-01-012023-12-31124968252023-12-3112496825ns15:EnglandWales2024-01-012024-12-3112496825ns14:PoundSterling2024-01-012024-12-3112496825ns10:Director12024-01-012024-12-3112496825ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112496825ns10:SmallEntities2024-01-012024-12-3112496825ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3112496825ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112496825ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112496825ns10:FullAccounts2024-01-012024-12-3112496825ns10:RegisteredOffice2024-01-012024-12-3112496825ns5:CurrentFinancialInstruments2024-12-3112496825ns5:CurrentFinancialInstruments2023-12-3112496825ns5:Non-currentFinancialInstruments2024-12-3112496825ns5:Non-currentFinancialInstruments2023-12-3112496825ns5:ShareCapital2024-12-3112496825ns5:ShareCapital2023-12-3112496825ns5:RetainedEarningsAccumulatedLosses2024-12-3112496825ns5:RetainedEarningsAccumulatedLosses2023-12-3112496825ns5:FreeholdInvestmentProperty2024-01-012024-12-31124968251ns5:BetweenFive10Years2024-12-31124968251ns5:BetweenFive10Years2023-12-3112496825ns5:Secured2024-12-3112496825ns5:Secured2023-12-31
REGISTERED NUMBER: 12496825 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

STAR FUELS SOUTH EAST LTD

STAR FUELS SOUTH EAST LTD (REGISTERED NUMBER: 12496825)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STAR FUELS SOUTH EAST LTD

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S P Manklow





REGISTERED OFFICE: Unit A6 Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 12496825 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

STAR FUELS SOUTH EAST LTD (REGISTERED NUMBER: 12496825)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 629,014 629,014

CURRENT ASSETS
Cash at bank 1,263 486

CREDITORS
Amounts falling due within one year 5 327,969 296,868
NET CURRENT LIABILITIES (326,706 ) (296,382 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,308

332,632

CREDITORS
Amounts falling due after more than one
year

6

312,097

325,828
NET (LIABILITIES)/ASSETS (9,789 ) 6,804

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (9,889 ) 6,704
SHAREHOLDERS' FUNDS (9,789 ) 6,804

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 his 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 director and authorised for issue on 5 August 2025 and were signed by:



S P Manklow - Director


STAR FUELS SOUTH EAST LTD (REGISTERED NUMBER: 12496825)

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

1. STATUTORY INFORMATION

Star Fuels South East 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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

Investment property
Investment properties are those properties that are held either to earn rental income or for capital appreciation or both.

Investment properties are measured initially at cost including transaction costs and thereafter are stated at fair value, which reflects market conditions at the balance sheet date. Surpluses and deficits arising from changes in the fair value of investment properties are recognised in the Statement of Comprehensive Income in the year in which they arise.

Investment properties are stated at fair value as determined by the directors. The fair value of the company's property portfolio is based upon external valuations and is inherently subjective. The fair value represents the amount at which the assets could be exchanged between a knowledgeable, willing buyer and a knowledgeable, willing seller in an arms-length transaction at the date of valuation. The fair value of each of the properties has been assessed by the directors. In determining the fair value of investment properties, the directors make use of historical and current market data as well as existing lease agreements.

Additions and disposals of investment properties are recognised in the accounts when contracts are completed.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

STAR FUELS SOUTH EAST LTD (REGISTERED NUMBER: 12496825)

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

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 629,014
NET BOOK VALUE
At 31 December 2024 629,014
At 31 December 2023 629,014

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 7,240 8,898
Taxation and social security - 998
Other creditors 320,729 286,972
327,969 296,868

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 312,097 325,828

Amounts falling due in more than five years:

Repayable by instalments
Bank loans repayable in more than 5 years
by instalments

274,078

279,101

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 319,337 334,726

Bank loans are secured by a legal mortgage and a fixed charge over the company's freehold investment property.