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REGISTERED NUMBER: 04919677 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Wish Star Limited

Wish Star Limited (Registered number: 04919677)






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


Wish Star Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: N A May
Mrs C R May





REGISTERED OFFICE: Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY





REGISTERED NUMBER: 04919677 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Wish Star Limited (Registered number: 04919677)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 126,609 13,152
Investments 5 10 -
126,619 13,152

CURRENT ASSETS
Debtors 6 361,417 467,623
Cash at bank 120,189 20,542
481,606 488,165
CREDITORS
Amounts falling due within one year 7 72,869 51,461
NET CURRENT ASSETS 408,737 436,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

535,356

449,856

CREDITORS
Amounts falling due after more than one year 8 (105,058 ) -

PROVISIONS FOR LIABILITIES (5,014 ) (215 )
NET ASSETS 425,284 449,641

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 425,184 449,541
SHAREHOLDERS' FUNDS 425,284 449,641

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 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.

Wish Star Limited (Registered number: 04919677)

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 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 11 August 2025 and were signed on its behalf by:





N A May - Director


Wish Star Limited (Registered number: 04919677)

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

1. STATUTORY INFORMATION

Wish Star 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 recognised in line with the stage of completion of the consultancy work being performed and is recognised net of VAT. Stage of completion is calculated based on time spent on the work, compared to the overall estimated time required to complete the work.

Rental income is recognised in the period in which the rental relates. Recharged rental expenses are recognised in the same period as the corresponding expense. Rental income ceased in line with the sale of the property in 2021.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost, derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Wish Star Limited (Registered number: 04919677)

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

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Motor Computer
property property vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 5,009 9,104 - 7,248 21,361
Additions - - 122,170 916 123,086
Disposals (5,009 ) - - - (5,009 )
At 31 December 2024 - 9,104 122,170 8,164 139,438
DEPRECIATION
At 1 January 2024 - 1,821 - 6,388 8,209
Charge for year - 910 2,545 1,165 4,620
At 31 December 2024 - 2,731 2,545 7,553 12,829
NET BOOK VALUE
At 31 December 2024 - 6,373 119,625 611 126,609
At 31 December 2023 5,009 7,283 - 860 13,152

Wish Star Limited (Registered number: 04919677)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 122,170
At 31 December 2024 122,170
DEPRECIATION
Charge for year 2,545
At 31 December 2024 2,545
NET BOOK VALUE
At 31 December 2024 119,625

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 10
At 31 December 2024 10
NET BOOK VALUE
At 31 December 2024 10

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 361,417 467,623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 15,112 -
Trade creditors 13,521 -
Taxation and social security 33,733 41,722
Other creditors 10,503 9,739
72,869 51,461

Wish Star Limited (Registered number: 04919677)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 105,058 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
N A May and Mrs C R May
Balance outstanding at start of year (334 ) 20,104
Amounts advanced 96,523 117,234
Amounts repaid (99,803 ) (137,672 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,614 ) (334 )

This loan is repayable on demand and interest is charged on overdrawn balances at the official rate.