Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr P Aitken 14/02/2024 Mr R Coates 14/02/2024 Mrs E J Coulthard 14/02/2024 Mr J F Gullion 14/02/2024 Mr G Roberts 14/02/2024 12 August 2025 The principal activity of the Company during the financial year was that of a holding company. 15489038 2024-12-31 15489038 bus:Director1 2024-12-31 15489038 bus:Director2 2024-12-31 15489038 bus:Director3 2024-12-31 15489038 bus:Director4 2024-12-31 15489038 bus:Director5 2024-12-31 15489038 core:CurrentFinancialInstruments 2024-12-31 15489038 core:ShareCapital 2024-12-31 15489038 core:AdditionsToInvestments 2024-12-31 15489038 core:CostValuation 2024-12-31 15489038 bus:OrdinaryShareClass1 2024-12-31 15489038 2024-01-01 2024-12-31 15489038 bus:FilletedAccounts 2024-01-01 2024-12-31 15489038 bus:SmallEntities 2024-01-01 2024-12-31 15489038 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 15489038 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 15489038 bus:Director1 2024-01-01 2024-12-31 15489038 bus:Director2 2024-01-01 2024-12-31 15489038 bus:Director3 2024-01-01 2024-12-31 15489038 bus:Director4 2024-01-01 2024-12-31 15489038 bus:Director5 2024-01-01 2024-12-31 15489038 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15489038 (England and Wales)

STARS GYMS HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period ended 31 December 2024
Pages for filing with the registrar

STARS GYMS HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period ended 31 December 2024

Contents

STARS GYMS HOLDINGS LIMITED

COMPANY INFORMATION

For the financial period ended 31 December 2024
STARS GYMS HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial period ended 31 December 2024
DIRECTORS Mr P Aitken (Appointed 14 February 2024)
Mr R Coates (Appointed 14 February 2024)
Mrs E J Coulthard (Appointed 14 February 2024)
Mr J F Gullion (Appointed 14 February 2024)
Mr G Roberts (Appointed 14 February 2024)
SECRETARY Mr R Coates
REGISTERED OFFICE C/O Francis Clark Llp
Melville Building East Unit 18
23
Royal William Yard
Plymouth
PL1 3RP
United Kingdom
COMPANY NUMBER 15489038 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Melville Building East
Royal William Yard
Plymouth
Devon PL1 3GW
STARS GYMS HOLDINGS LIMITED

BALANCE SHEET

As at 31 December 2024
STARS GYMS HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024
£
Fixed assets
Investments 3 2,204
2,204
Current assets
Debtors 4 120
120
Creditors: amounts falling due within one year ( 1,222)
Net current liabilities (1,102)
Total assets less current liabilities 1,102
Net assets 1,102
Capital and reserves
Called-up share capital 5 1,102
Total shareholders' funds 1,102

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Stars Gyms Holdings Limited (registered number: 15489038) were approved and authorised for issue by the Board of Directors on 12 August 2025. They were signed on its behalf by:

Mr R Coates
Director
STARS GYMS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
STARS GYMS HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Stars Gyms Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp, Melville Building East Unit 18, 23, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

Reporting period ending 28/02/2025 is shortened so as at to end on 31/12/2024.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024
Number
Monthly average number of persons employed by the Company during the period, including directors 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 0
Additions 2,204
At 31 December 2024 2,204
Carrying value at 31 December 2024 2,204

4. Debtors

2024
£
Other debtors 120

5. Called-up share capital

2024
£
Allotted, called-up and fully-paid
1,102 Ordinary shares of £ 1.00 each 1,102

6. Related party transactions

Other related party transactions

2024
£
Stars Gyms Ltd 120
Stars Gyms Site 2 Ltd 1,102

During the year, there were amounts due to Stars Gyms Limited of £120 and amount due to Stars Gyms Site 2 Ltd of £1,102.